DivX Continues Momentum in Blu-ray Category with Release of DivX Certified(R) Marantz Blu-ray Disc Player
May 19 2008 - 8:00AM
Business Wire
DivX, Inc. (NASDAQ:DIVX), a digital media company, today announced
that Marantz, the high-end audio/video brand owned by D&M
Holdings Inc., will release a DivX Certified� Blu-ray Disc player
(model: BD8002) in Japan and the U.S. The high-quality DivX�
digital video format, which is already a de facto standard in DVD
devices worldwide, has seen strong success in the high-definition
market with a number of DivX Certified Blu-ray devices shipping in
various markets. Thanks to the superior compression and high visual
quality of the DivX format, consumers can take advantage of Blu-ray
technology to store and play back more than 25 hours of DVD-quality
video on a single Blu-ray disc. �Marantz is recognized as a leader
in high-end audiovisual devices, and by incorporating DivX
technology into its latest Blu-ray device it is offering its
consumers the ability to easily transfer high-quality video content
from the PC and the Internet to the home theatre,� said Kevin Hell,
CEO of DivX, Inc. 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. Over 100 million DivX
Certified devices from a variety of manufacturers have shipped into
the market worldwide. 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 most recent
report filed with the Securities and Exchange Commission on May 9,
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.
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