JVC's First Blu-ray Home Theater System Receives DivX Certification(TM)
August 28 2008 - 7:00PM
Business Wire
DivX, Inc. (NASDAQ:DIVX), a digital media company, and JVC, a
leading provider of home audio equipment, today announced the DivX
Certification� of a new Blu-ray home theater system from JVC. The
system will be available to consumers across Europe starting in
September. The new DivX Certified� system, the NX-BD3, is JVC�s
first entry into the Blu-ray market and is capable of playing back
high-quality DivX� video, providing consumers with a comprehensive
approach to premium home entertainment. The NX-BD3 is built around
the world�s first DLNA CERTIFIED� (Digital Living Network Alliance)
Blu-ray Theater System, which allows consumers to seamlessly play
back content over wired or wireless home networks, bringing
libraries of video stored on the PC to the living room. With DivX
Certification, NX-BD3 users will be able to enjoy high-quality
digital videos burned to CDs or DVDs. �The demand for DivX video
playback in living room consumer electronics encouraged us to
consider it as a checklist feature for our next generation home
theater system,� said Hiroshi Nishiumi, Deputy General Manager of
Engineering Department, Audio/Video Systems Division, Victor
Company of Japan, Limited. �The NX-BD3 provides our customers with
a premium entertainment experience and we believe that working with
DivX has considerably enhanced this, differentiating us from our
competitors.� �The DivX Certification of JVC�s NX-BD3 significantly
contributes to our growing momentum within the Blu-ray market and
offers consumers a complete solution for their home entertainment,�
said Kevin Hell, Chief Executive Officer, DivX, Inc. �We are
dedicated to enabling a high-quality media experience across any
device platform and we are delighted to work with JVC in offering a
superior solution for their digital video.� Products that bear the
DivX Certified� logo have undergone a rigorous testing program to
ensure a high-quality DivX media experience, including reliable
video playback, interoperability with other DivX Certified devices
and the visual quality users expect from DivX. For more information
on DivX Certification, visit www.divx.com/certification. About DivX
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 August 8, 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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