Samsung Introduces its First DivX Certified(R) MP3 Player at IFA 2009
September 03 2009 - 6:00AM
PR Newswire (US)
Newest Samsung MP3 player allows consumers to view high-quality
DivX(R) videos while on the go SAN DIEGO and SEOUL, South Korea,
Sept. 3 /PRNewswire-FirstCall/ -- DivX, Inc. (NASDAQ:DIVX), a
digital media company, and Samsung Electronics Co., LTD, a leading
mobile provider, today announced the launch of Samsung's first DivX
Certified MP3 player, the R1, the newest edition to Samsung's BEAT
line of portable media players. Now available in Russia and Europe,
the R1 is designed to playback high-quality DivX video. (Logo:
http://www.newscom.com/cgi-bin/prnh/20081124/DIVXLOGO) DivX
technology produces highly compressed video suitable for mobile
platforms that require minimal storage for the highest quality
experience possible. Consumers can playback any DivX video stored
in the device's internal memory. The slimmest player in the Samsung
BEAT line, the R1's 2.6-inch screen display is available with 8 or
16 GB of storage space, making it ideal for consumers on the move.
"We have long recognized the value of DivX technology and have
incorporated it into many of our CE devices for the home, including
digital TVs, Blu-ray and DVD players," said Jooho Song, Vice
President at Samsung Electronics. "By obtaining DivX Certification
of our latest multimedia player, we're giving our customers the
freedom to enjoy their DivX video libraries when they're on the
go." "With DivX technology, the Samsung R1 packs an amazing amount
of high-quality video into an incredibly small package that
consumers can take with them everywhere they go," said Eric Rodli,
Executive Vice President, Licensing at DivX. "We're pleased to
expand our relationship with Samsung and look forward to making the
R1 the first of many DivX Certified portable media players from
this market leader." 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 Samsung, visit http://www.samsung.com/. For more information
about DivX, 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 200
million DivX 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 Samsung Electronics Samsung Electronics
Co., Ltd. is a global leader in semiconductor, telecommunication,
digital media and digital convergence technologies with 2007
consolidated sales of US$105 billion. Employing approximately
150,000 people in 134 offices in 62 countries, the company consists
of two main business units: Digital Media & Communications and
Device Solutions. Recognized as one of the fastest growing global
brands, Samsung Electronics is a leading producer of digital TVs,
memory chips, mobile phones and TFT-LCDs. For more information,
please visit http://www.samsung.com/. 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/DIVXLOGO
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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