DivX Board of Directors Adds New Member
July 01 2008 - 8:30AM
Business Wire
DivX, Inc. (NASDAQ:DIVX), a digital media company, today announced
that its Board of Directors has elected James Brailean, PhD, Chief
Executive Officer for NextWave Mobile Products Division, to the
Board increasing the size of the Board from six to seven members.
In addition, Dr. Brailean serves as the President and Chief
Executive Officer for PacketVideo, Inc. (PV) which was acquired by
NextWave, Inc. (NASDAQ:WAVE) in July 2005. "We are excited that Dr.
Brailean has joined our Board at this stage of our corporate
development," stated Kevin Hell, Chief Executive Officer for DivX,
Inc. "We believe his expertise and counsel will be invaluable in
helping to shape the direction of the company particularly in new
emerging product categories." �Jim�s track record for delivering
innovative, powerful multimedia solutions that enable new forms of
mobile entertainment and person-to-person communications is very
impressive,� commented Chris McGurk, Chief Executive Officer for
Overture Films, current DivX Board member and chairman of the
Board�s Nominating and Corporate Governance Committee. �Under his
leadership, PacketVideo has become the number one supplier of
embedded multimedia solutions for mobile phones and other devices
in the world. Jim will be a tremendous addition to our Board and we
look forward to working with him.� Dr. Brailean co-founded
PacketVideo in 1998 and under his leadership, PV launched the
world's first commercial end-to-end wireless mobile media delivery
platform in 2000, as well as helped create a new industry for
wireless multimedia communications. PV�s software has shipped in
more than 250 million devices worldwide. Prior to co-founding PV,
Dr. Brailean led the development of the MPEG-4 standards for
transmission of video and audio over wireless networks. He holds 16
key U.S. patents that enable advanced multimedia communications.
From 1993 to 1998, Dr. Brailean served as the chairman of the Error
Resilience Video Compression Ad Hoc Group within MPEG-4. During
this time, Dr. Brailean was a principal staff engineer within the
Motorola Corporate Research and Development Laboratories in Chicago
where he managed the Advanced Video Algorithm Group which was
responsible for the design and development of advanced video
compression and imaging algorithms. He also served as a
communication system engineer for Hughes Aircraft, Space and
Communications Group. �DivX�s impact on the way millions of people
create, share and experience high-quality digital video is
impressive,� said Dr. Brailean. �I look forward to working with
DivX�s esteemed Board members and executives as the company
continues to evolve the digital media landscape.� DivX�s current
Board of Directors consists of Frank Creer, founder and managing
director of Zone Ventures, Fred Gerson, Senior Vice President and
Chief Financial Officer for the San Diego Padres, Kevin Hell, Chief
Executive Officer for DivX, Inc., Chris McGurk, Chief Executive
Officer for Overture Films, Jerry Murdock, co-founder and managing
director of Insight Venture Partners, and Jerome J.P.
Vashisht-Rota, co-founder and Vice President of Creative, Brand and
Community for DivX, Inc. 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.
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