DivX Goes on the Road with In-Car Entertainment Systems
March 20 2008 - 5:00AM
Business Wire
DivX, Inc. (NASDAQ:DIVX), a digital media company, today announced
that over 200 in-car and in-dash media device models from a variety
of manufacturers have received DivX� Certification. Thanks to the
superior technology of the DivX format, consumers can enjoy their
full library of video content in the car, fitting up to 6 hours of
high-quality video on a single DVD. DivX Certified� in-car media
players are available from major consumer electronics brands and
are licensed to ship from DivX partners to a number of automotive
manufacturers including BMW, Mercedes, Volvo, Honda, Saab, Toyota,
Ford and more. The DivX format lets anyone enjoy high-quality
digital video from the PC or the Internet on virtually any device,
including DVD players, gaming consoles, mobile phones, digital
televisions and more. Major manufacturers including LG, Alpine,
Pioneer, Visteon, JVC and Kenwood currently offer over 200 models
of DivX Certified� in-car and in-dash devices, joining the rapidly
growing ecosystem of over 100 million DivX Certified� devices that
have been shipped around the world. �DivX makes it easy for anyone
to enjoy a high-quality video experience on any device, and the
in-car market is a rapidly growing and increasingly important
extension of the consumer media experience,� said Kevin Hell, CEO
of DivX, Inc. �We�re pleased that DivX is on the way to becoming a
checklist feature for in-car video devices in much the same way
that we have already become a global standard in the living room
and on the PC.� Products that bear the DivX Certified logo have
undergone a rigorous testing program to ensure interoperability,
security and visual quality. DivX Certified products enable
consumers to create, play and share high-quality video content
across a range of devices and platforms. For more information on
DivX, visit www.divx.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 annual report on
Form 10-K filed with the SEC on March 17, 2008. 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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