DivX Extends Leadership Position in Emerging Mobile Video Market
February 15 2010 - 2:00AM
PR Newswire (US)
Company announces over 60 certified phones including Android
devices; extends relationship with Qualcomm BARCELONA, Spain, Feb.
15 /PRNewswire-FirstCall/ -- DivX, Inc. (NASDAQ: DIVX), a leading
digital media company, today announced new metrics that reflect the
Company's growing penetration of the global mobile video market.
Over 60 mobile phones from multiple manufacturers have now achieved
DivX Certification, including 15% of all Android devices. In
addition, DivX announced a new licensing agreement with consumer
electronics manufacturer Pantech, as well as an expanded
relationship with Qualcomm to certify the leading Snapdragon IC
platform. (Logo:
http://www.newscom.com/cgi-bin/prnh/20081124/DIVXLOGO) DivX
technology enables consumers to enjoy high-quality digital video on
any kind of device, regardless of connectivity or manufacturer.
Over 250 million DivX devices have shipped into the market
worldwide, ranging from Blu-ray players to gaming consoles, digital
televisions as well as a wide variety of other consumer electronic
devices. Additionally, the Company has seen strong traction from
both consumers and partners in the mobile phone market since the
official launch of the DivX certification program in August, 2007.
Key highlights of the DivX mobile program include: -- More than 60
DivX Certified phones from multiple manufacturers, such as LG and
Samsung, have shipped into the global market including several DivX
Mobile Theater profile models; -- 41 mobile devices were certified
by DivX in 2009 alone; -- In addition to the Android device
penetration, DivX also offers certified solutions for Windows
Mobile, Symbian and Linux; -- All DivX Certified devices support
the secure playback of major Hollywood titles from studios
including Warner Bros., Paramount, Sony Pictures, Starz
Entertainment and Lionsgate; -- Multiple online sites now
distribute Hollywood content in the DivX format including CinemaNow
(United States), Film Fresh (United States), Warner Video Live
(France), FilmOn (UK), Play4Film (Worldwide), INA (France), Channel
Films (UK), Clic Movies (France, Belgium); Tai Seng (United States,
Canada) and L'Harmattan TV (Worldwide); -- Agreements are in place
from major mobile Integrated Circuits (IC) companies including
Qualcomm, Renesas, MtekVision, ST Ericsson, Broadcom, and
Freescale; -- DivX TV, the company's newly announced solution for
streaming Internet content directly to connected devices, has been
delivered on Android-based hardware platforms. Technology
demonstrations will be available at the DivX and Qualcomm booths at
Mobile World Congress in Barcelona, Spain. "The explosion of video
capability on mobile phones clearly illustrates that consumers are
seeking out new devices that will allow them to easily move and
share the video content they care about across all the screens in
their lifestyle," said Kevin Hell, CEO of DivX, Inc. "We believe
that mobile devices will play an incredibly important role in the
future of video distribution and consumption, and we're pleased
that multiple manufacturers recognize the importance of the DivX
brand in providing their consumers a seamless, high-quality video
experience." DivX Certified phones are all tested to guarantee
high-quality DivX video playback. Users can also store up to 10 DVD
quality movies on their phone with 8GB of internal memory or a
removable card, and watch their collection of movies anywhere they
choose with no conversion necessary. With high-quality resolution
DivX playback, consumers who own phones with a TV-Out feature can
playback video content from their phone directly on the TV turning
their device into a powerful portable media player. For more
information on the DivX in mobile devices, visit
http://www.divx.com/mobile. About DivX DivX, Inc. is a leading
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 250
million DivX devices have shipped into the market worldwide 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 and the availability of
certain DivX enabled products to consumers. 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; risks related to DivX's
partners' ability to make certain products available to consumers
on specified timelines, or at all; 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: Tom
Huntington, +1-619-743-9057, , or Investors, Karen Fisher,
+1-858-882-6415, , both of DivX, Inc. Web Site:
http://www.divx.com/
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