LONDON, March 23 /PRNewswire-FirstCall/ -- DivX, Inc.
(Nasdaq: DIVX), a leading digital media company, today announced at
IPTV World Forum 2010 that the native ST Media Player on
STMicroelectronics' STi7105 will be DivX Certified. The STi7105
from STMicroelectronics, one of the world's leading suppliers of
silicon solutions for set-top boxes, will offer a turnkey solution
for set-top box suppliers and operators to support playback of
digital video and Hollywood movies
in the DivX® format.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20081124/DIVXLOGO)
The STi7105 delivers competitive performance advantages for all
set-top box markets, including basic zapper boxes, digital video
recorders and media-server devices. By supporting the latest
high-definition standards, as well as standard-definition formats
such as AVS, the STi7105 delivers a compelling, high-performance
solution for products deployed in all geographic regions.
DivX technology allows video content to be compressed to a
fraction of its original size, while maintaining excellent visual
quality. Using DivX software, up to eight standard definition
movies can fit on an 8 GB USB flash drive. Once DivX Certified, the
STMicroelectronics-powered set-top boxes will enable consumers to
play back their favorite digital videos and Hollywood movies in the DivX format stored on
their personal USB drives, DLNA or Ethernet.
"We are excited to offer OEMs and operators an easy-to-use
solution that satisfies consumer demand for high-quality,
compelling digital media and Hollywood movie playback," said Kevin Hell,
Chief Executive Officer, DivX, Inc. "We look forward to continuing
working with STMicroelectronics and further expanding our presence
in the set-top box market segment."
"Our set-top box partners expect high-quality video playback of
Internet files and Hollywood
content, and by integrating DivX technology in our next-generation
STi7105 system-on-chip device, we will be able to deliver a
best-in-class user experience," said Stewart Gebbie, Director Third Party
Relationships, Home Video Division, STMicroelectronics.
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
high-quality users expect from DivX.
For more information about DivX, visit www.divx.com.
For more information about STMicroelectronics, visit
www.st.com.
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.
SOURCE DivX, Inc.