DivX(R) Video Support Added to PLAYSTATION(R)3 With Latest System Software Update
December 18 2007 - 8:00AM
Business Wire
DivX, Inc. (NASDAQ:DIVX) today announced the availability of
support for the DivX� video format on PLAYSTATION�3 (PS3�) to end
users. With this latest update Version 2.10(a), available on
December 18, PS3 is the first gaming system to officially support
playback of DivX video. �PS3 is a powerful and highly popular home
entertainment system, and the addition of DivX support helps to
optimize the digital media experience for consumers by allowing PS3
users to enjoy their library of high-quality DivX content directly
on the television,� said Kevin Hell, CEO of DivX, Inc. �As the
first gaming system to offer official support for DivX video, PS3
represents an exciting new addition to the DivX ecosystem of
products that enable consumers to enjoy their videos on any kind of
device or platform.� Full DivX Certification� of PS3 is expected in
the future, at which point the popular computer entertainment
system will join the over 100 million DivX Certified products that
have been shipped into the market. Products that bear the DivX
Certified logo have undergone a rigorous testing program to ensure
a high-quality DivX media experience that includes reliable video
playback and excellent visual quality. To learn about DivX
technology, please visit www.divx.com. (a) For details on system
software update of PS3, please visit your local SCE website:
http://www.playstation.com/ About DivX, Inc. DivX, Inc. is a
digital media company that enables consumers to enjoy a
high-quality video experience across any kind of device. DivX
creates, distributes and licenses digital video technologies that
span the �three screens� comprising today�s consumer media
environment�the PC, the television and mobile devices. Over 100
million DivX Certified devices have shipped into the market from
leading consumer electronics manufacturers. DivX also offers
content providers and publishers a complete solution for the
distribution of secure, high-quality digital video content. Driven
by a globally recognized brand and a passionate community of
hundreds of millions of consumers, DivX is simplifying the video
experience to enable the digital home. Forward-Looking Statements
Statements in this press release that are not strictly historical
in nature constitute "forward-looking statements." Such statements
include, but are not limited to, statements regarding DivX's
visibility within the investment community. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause DivX's actual results to be materially
different from historical results or from any results expressed or
implied by such forward-looking statements. These factors include,
but are not limited to: the risk that customer use of DivX
technology may not grow as anticipated; the risk that anticipated
market opportunities may not materialize at expected levels, or at
all; the risk that the Company�s activities may not result in the
growth of profitable revenue; risks and uncertainties related to
the maintenance and strength of the DivX brand; risks associated
with DivX's ability to penetrate existing and new markets; risks
regarding the effects of competition; DivX's dependence on its
licensees and partners; the effect of intellectual property rights
claims; and other factors discussed in the "Risk Factors" section
of DivX's quarterly report on Form 10-Q filed with the SEC on
November 14, 2007. All forward-looking statements are qualified in
their entirety by this cautionary statement. DivX is providing this
information as of the date of this release and does not undertake
any obligation to update any forward-looking statements contained
in this release as a result of new information, future events or
otherwise. �PLAYSTATION� is a registered trademark and �PS3� is a
trademark of Sony Computer Entertainment Inc.
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