Ubicom to Provide Network Processing Solution for DivX Connected(TM) Consumer Electronics Devices
January 07 2008 - 10:41AM
Business Wire
DivX, Inc. (NASDAQ:DIVX) and Ubicom�, Inc., a leading provider of
communications processor and software solutions, today announced an
agreement that will enable Ubicom processors to power future DivX
ConnectedTM network media playback devices. The two companies will
demonstrate DivX Connected functionality on the Ubicom StreamEngine
5000TM processor at the DivX booth at the Consumer Electronics Show
in Las Vegas, Nevada. Adding the Ubicom processor to DivX� decoding
platforms will provide an affordable and flexible solution to
consumer electronic manufacturers producing DivX Connected
products. DivX Connected is a powerful, easy-to-use open platform
that brings a high-quality digital media experience to the living
room, allowing consumers to access media content and services from
the PC and Internet through a range of networked consumer
electronics devices. The first DivX Connected device is currently
available in the UK, France, and Germany and will be released in
the US later this year. �Ubicom is very excited to be a part of the
innovative DivX Connected program,� said Cathal Phelan, CEO of
Ubicom. �The DivX platform is compelling because users can enjoy
their multimedia content wherever and whenever they want.� �Ubicom
is a great partner to provide DivX Connected devices with
cutting-edge network capabilities in a variety of formats,� said
Jerome �Gej� Vashisht-Rota, Co-founder, Vice President & Group
Business Manager, Media Experience, at DivX, Inc. �Their technology
will ensure that the DivX Connected user experience will be a very
high quality one.� For more information on DivX Connected, see
www.divx.com/connected. For more information on Ubicom, please
visit www.ubicom.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 Ubicom, Inc. Ubicom develops communications and
media processor (CMP) and software platforms that address the
unique demands of real-time interactive applications and multimedia
content delivery in the digital home. The company provides
optimized system-level solutions to OEMs for a wide range of
products including wireless routers, access points, bridges, VoIP
gateways, streaming media devices, print servers and other network
devices. Ubicom's unique multithreaded processor design, real-time
operating system, and application-level solutions combine to ensure
a high-quality user experience with unprecedented ease of use.
Ubicom is a venture-backed, privately held company with corporate
headquarters in Sunnyvale, California. For more information, visit
www.ubicom.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 Ubicom, Inc. and DivX, DivX�s customers and
shareholders, any activities expected to occur in connection with
the agreement, the expected increase to DivX�s market opportunity
with consumer electronic manufacturers as a result of the addition
of the Ubicom network chipset to DivX Connected consumer
electronics devices, and the acceleration of penetration in key
emerging product categories. 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 agreement
between Ubicom, Inc. and DivX may not materialize to the extent
expected, or at all; risks related to the activities expected to
occur in connection with the agreement; risks that the addition of
the Ubicom network chipset to DivX Connected consumer electronics
devices will deliver the results as anticipated, or at all; risks
that the expected increase to DivX�s market opportunity with
consumer electronic manufacturers will materialize at the 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
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