Google and DivX Sign Agreement to Distribute Google Products
March 09 2009 - 8:08PM
PR Newswire (US)
SAN DIEGO, March 9 /PRNewswire-FirstCall/ -- DivX, Inc.
(NASDAQ:DIVX), a digital media company, today announced a
multi-year agreement to offer Google products to consumers who
download DivX video software tools. The offering, starting with the
Google Chrome Browser, is expected to launch in the first or second
quarter of 2009 and replaces third party software previously
distributed by DivX. (Logo:
http://www.newscom.com/cgi-bin/prnh/20081124/LA48153LOGO) 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. 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, any anticipated
benefits from the agreement between Google and DivX, Inc., the
growth and earnings potential of the DivX business, and the
Company's position in the digital media space. 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: any anticipated benefits from the agreement
between Google and DivX, Inc., the risk that customer use of
DivX(R) 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; DivX's
ability to penetrate existing and new markets; 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
reports filed with the SEC. 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, other than as required
under applicable securities laws.
http://www.newscom.com/cgi-bin/prnh/20081124/LA48153LOGO
http://photoarchive.ap.org/ DATASOURCE: DivX, Inc. CONTACT:
Investors, Karen Fisher, +1-858-882-6415, , or Media, Jennifer
Baumgartner, +1-503-901-5371, , both of DivX, Inc. Web Site:
http://www.divx.com/
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