DivX and D-Link Partner to Bring DivX Connected(TM) to U.S. Retail
January 07 2008 - 8:00AM
Business Wire
DivX, Inc. (NASDAQ:DIVX) and D-Link Systems, Inc., the end-to-end
networking solutions provider for consumer and business, today
announced the scheduled U.S. release of the D-Link� DSM-330 DivX
Connected� HD Media Player in the first half of 2008. As the
world�s first DivX Connected consumer electronics device, the
DSM-330 initially launched in November 2007 in the U.K., France and
Germany. The D-Link DSM-330 DivX Connected HD Media Player is a
member of the D-Link MediaLounge� family, and enables users to
manage digital media with their remote control, and access
high-definition DivX� videos, music, photos and a variety of
Internet services from the PC directly to their living room
television. The DivX Connected platform has drawn rave reviews from
the technology press and video community for its elegant interface,
ease-of-use and high-quality multimedia functionality. �As more and
more people embrace the DivX platform, we recognized the growing
demand for a media player that supports all the capabilities that
DivX Connected has to offer,� said Daniel Kelley, Director of
Marketing, D-Link Systems, Inc. �We believe it is an ideal solution
for anyone who wants to enjoy digital content and entertainment
from the PC and the Internet in the comfort of the living room.�
�We are very excited to work with D-Link to bring the first
official DivX Connected device to U.S. consumers,� said Jerome
�Gej� Vashisht-Rota, Co-founder, Vice President & Group
Business Manager, Media Experience, at DivX, Inc. �Thanks to
D-Link, we are now able to deliver an open, high-quality DivX
Connected experience to U.S. consumers at an affordable price. The
DSM-330 truly provides a great media experience and elegantly
brings the power of the Internet to the living room.� �The
explosion of digital technologies in the home is playing a crucial
role in consumers� day-to-day activities,� said Kurt Scherf, Vice
President, Principal Analyst, at Parks Associates. �Companies that
enable easier deployment of high-quality media in any location
throughout the home, regardless of where the content is physically
stored, are playing a critical role in these new experiences for
consumers.� For more information on DivX Connected, see
www.divx.com/connected. For more information on D-Link and the
DSM-330, see www.dlink.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. About D-Link D-Link is the
global leader in connectivity for small, medium and large
enterprise business networking. The company is an award-winning
designer, developer and manufacturer of networking, broadband,
digital electronics, voice, data and video communications solutions
for the digital home, Small Office/Home Office (SOHO), Small to
Medium Business (SMB), and Workgroup to Enterprise environments.
With millions of networking and connectivity products manufactured
and shipped, D-Link is a dominant market participant and
price/performance leader in the networking and communications
market. D-Link Systems, Inc. headquarters are located at 17595 Mt.
Herrmann Street, Fountain Valley, Calif., 92708. Phone (800)
326-1688 or (714) 885-6000; FAX (866) 743-4905; Internet
www.dlink.com. 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 the anticipated benefits of the
agreement between D-Link Systems, Inc. and DivX, DivX�s customers
and shareholders, activities expected to occur in connection with
the agreement, and the expected increase to DivX�s market
opportunity and potential consumer electronics licensing revenue.
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: risks
that the anticipated benefits of the D-Link Systems, Inc. agreement
may not materialize to the extent expected, or at all; risks
related to the uncertainty surrounding DivX�s success in the timely
development of DivX Connected consumer electronics devices; risks
related to the anticipated consumer adoption and benefits of DivX
Connected consumer electronics devices; the risk that anticipated
market opportunities for DivX Connected consumer electronics
devices may not materialize at expected levels, or at all; the risk
that customer use of DivX technology may not grow as anticipated;
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.
Divx, Inc. (MM) (NASDAQ:DIVX)
Historical Stock Chart
From Jun 2024 to Jul 2024
Divx, Inc. (MM) (NASDAQ:DIVX)
Historical Stock Chart
From Jul 2023 to Jul 2024