Panasonic Announces First Line of DivX Certified(R) HDTVs
February 26 2009 - 8:00AM
PR Newswire (US)
Panasonic VIERA enables consumers to easily playback high-quality
DivX(R) video directly on the television SAN DIEGO, Feb. 26
/PRNewswire-FirstCall/ -- DivX, Inc. (NASDAQ:DIVX), a digital media
company, today announced the first line of DivX Certified(R) HDTVs
from Panasonic, available in Europe. The Panasonic VIERA(R) Z1, V10
and G15 series is a cutting-edge 1080p full-HD flat panel digital
TV that enables consumers to easily playback high-quality DivX(R)
video directly on the television. DivX digital video technology
allows consumers to create and watch content on the PC, living room
and on the go. (Logo:
http://www.newscom.com/cgi-bin/prnh/20081124/LA48153LOGO) The nine
models of the Panasonic VIERA(R) Z1, V10 and G15 series will
incorporate its next-generation plasma display panels (PDPs) called
NeoPDP technology which provide better picture quality, higher
efficiency and thinner dimensions. The VIERA also includes the
VIERA CAST(TM) online content service, which will be offered for
the first time in Europe. With support for DivX video, consumers
can easily playback their DivX content via the SD/SDHC memory card
slot directly on the VIERA HDTV. Users can fit over six hours of
high-quality DivX video on a 4GB media card. In addition, DivX
content can be streamed directly from a network with a DLNA server,
making it simple for consumers to playback their library of
favorite videos from the PC to the TV. "Panasonic has been a leader
in adopting DivX technology across multiple product lines, from
digital televisions to Blu-ray Disc Players, and we are excited to
be a key feature in their new line of VIERA digital TVs," said
Kevin Hell, Chief Executive Officer of DivX, Inc. "DivX has made
tremendous progress gaining traction in the DTV space from leading
manufacturers such as Panasonic. As we continue to expand our
ecosystem into new device categories, DivX comes closer to helping
consumers simplify the video experience in the digital home."
Products that bear the DivX Certified logo have undergone a
rigorous testing program to ensure a high-quality DivX media
experience, including reliable video creation and playback,
interoperability with other DivX Certified devices and the visual
quality users expect from DivX. For more information about
Panasonic, visit http://www.panasonic.net/ For more information
about DivX video, visit http://www.divx.com/. 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; 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: media,
Jennifer Baumgartner, +1-503-901-5371, ; or investors, Karen
Fisher, +1-858-882-6415, , both of DivX, Inc. Web site:
http://www.divx.com/
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