DivX, Inc. and Cabot Communications Announce Technology Agreement
January 08 2009 - 5:00PM
PR Newswire (US)
Cabot Integrates DivX(R) Technology into Silicon Designs and Media
Player Application to power Set Top Boxes, DVRs and HD Televisions
with high-quality content SAN DIEGO and BRISTOL, England, Jan. 8
/PRNewswire-FirstCall/ -- DivX, Inc. (NASDAQ:DIVX), a digital media
company, today announced an agreement with Cabot Communications,
the specialist digital TV software supplier. The agreement will
enable Cabot technology partners to include DivX(R) support on a
variety of silicon platforms powering home consumer products
including HDTVs, DVRs and Set Top Boxes (STBs). Cabot will also be
able to add DivX support to their media player application, Media
Browser, for networked TV sets and STBs. (Logo:
http://www.newscom.com/cgi-bin/prnh/20081124/LA48153LOGO) The
agreement with Cabot, which incorporates DivX technology at the
most fundamental level of IC production, will allow devices using
these chips to provide seamless playback of high-quality DivX
video. IC products utilizing Cabot's DivX implementation will be
optimized for maximum performance to increase video decoding speed.
"Cabot is delighted to be working with DivX to offer manufacturers
a solution for high-quality video playback on a wide range of
digital TV devices," commented Bob Lamb, Managing Director of Cabot
Communications. "There is increasing demand for seamless media
playback of premium content downloaded from the Internet and DivX
technology perfectly complements our continually expanding range of
IP-based solutions." Patrice Lagrange, Senior Vice President,
Products, DivX, Inc., added, "As consumers continue to adopt the
DivX format as a means to enjoy high-quality video, it is important
for chip manufacturers to implement solutions that offer DivX
support as a standard component within consumer electronics. By
incorporating DivX technology into Cabot's middleware, this
agreement allows us to connect with major IC providers in the DTV
environment and continues our expansion into emerging consumer
electronics product categories." For more information on DivX
technology and product offerings, visit http://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(R) 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 Cabot
Communications Cabot Communications is a market leader in providing
tailored DVB middleware solutions for the digital TV industry.
Cabot software and services are designed to deliver competitive
advantage to digital device manufacturers by providing 'total'
solutions which are tailored to meet specific needs, according to
market and cost criteria. Cabot's solutions are formulated for the
global DVB marketplace and easily overcome the problems presented
by divergent standards, regulations and broadcast systems. With
support for every digital transmission network, Cabot solutions
minimize product development lifecycles and speed up time to
market. 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; the risk of DivX's dependence on its licensees and
partners; risks related to 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. 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.
http://www.newscom.com/cgi-bin/prnh/20081124/LA48153LOGO
http://photoarchive.ap.org/ DATASOURCE: DivX, Inc. CONTACT: Ronja
Hartmann, +49 8335 989942, ; or Investors, Karen Fisher,
+1-858-882-6415, , both of DivX, Inc. Web Site:
http://www.divx.com/
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