DivX and Vuze Partner to Enable Premium Video Content on the DivX Connected(TM) Platform
January 07 2008 - 8:01AM
Business Wire
DivX, Inc. (NASDAQ: DIVX) and Vuze, a rapidly growing open
entertainment platform for professionally produced content with an
established audience of more than 16 million users, today announced
an agreement to create a Vuze service to distribute premium content
via DivX ConnectedTM, a solution that provides consumers with
easily accessible high-quality digital media content and services
through a variety of consumer electronics devices. The online Vuze
service offers a rich depth of video content, including a large
amount of HD content. Leading international content brands,
including A&E, the BBC, National Geographic, PBS, and Showtime,
as well as hundreds of premier production studios and thousands of
maverick content creators distribute shows through the Vuze
platform. Selections from the Vuze library will become available to
DivX Connected users, extending the Vuze experience beyond the PC
and into the living room. The first DivX Connected device available
to consumers from D-Link is presently for sale online in the UK,
France, and Germany and will be released in the US later this year.
�Vuze is an open platform for the distribution of high quality
premium entertainment content, and we are thrilled to give our
users the ability to watch that content the way they choose,� said
Gilles BianRosa, CEO of Vuze. �Because it is high resolution, Vuze
content looks terrific on a large screen. DivX Connected provides a
great way to extend the Vuze experience beyond the PC.� �Innovative
companies like Vuze are demonstrating the disruptive nature of
online video distribution, especially when combined with Vuze�s
outstanding roster of content creators,� said Jerome �Gej�
Vashisht-Rota, Co-founder, Vice President & Group Business
Manager, Media Experience, at DivX, Inc. �Vuze and DivX Connected
make a great team to bring truly compelling content to the living
room for a powerful cinematic experience.� For more information on
DivX, see www.divx.com. For more information on Vuze, see
www.vuze.com. About Vuze Vuze is the world's most popular
entertainment platform for DVD-quality and HD video content. With
an installed base of 16 million unique client downloads in its
first 11 months, 500,000 new viewers joining per week and more than
100 content partners to date, Vuze is experiencing unprecedented
organic growth. Vuze attracts and features high quality content
from a growing roster of global television networks, premier
production studios and thousands of maverick content creators, on
the most advanced, most open entertainment platform ever created.
Vuze, Inc, formerly known as Azureus, Inc., is headquartered in
Palo Alto, with offices in Los Angeles, Paris, and New York. 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 the
anticipated benefits of the agreement between Vuze 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 related to its DivX Connected consumer
electronics device. 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 Vuze
agreement with DivX may not materialize to the extent expected, or
at all; risks related to the uncertainty surrounding DivX�s success
in developing the DivX Connected consumer electronics device; risks
related to 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 the anticipated market opportunities may not
materialize as expected, or at all; 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.
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