SAN DIEGO and OSAKA, Japan, April
27 /PRNewswire-FirstCall/ -- DivX, Inc. (Nasdaq: DIVX), a
leading digital media company, and Panasonic today announced that
Panasonic will introduce DivX Plus™ HD playback technology in its
next generation of 3D Blu-ray products. Panasonic's new line of
Blu-ray players will enable the playback of DivX Plus HD video
using the MKV container, providing consumers with a true cinematic
video experience at HD resolutions up to 1080p.
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Available to consumers first in Europe late April
2010 and soon after in Russia and Oceania, the DMP-BDT300 is Panasonic's first full HD 3D Blu-ray
Disc player and the first to receive DivX Plus HD Certification.
With the introduction of 3D products for the home, Panasonic
customers will receive an unparalleled 3D experience with realistic
and immersive sensation.
DivX Plus HD Certification is the premium level of certification
available from DivX, optimized for consumer electronics products
and supports the playback of all content created with DivX
software. Available on www.divx.com, the newly released DivX Plus
Software allows users to create and playback H.264 video in an .mkv
file container. DivX Plus HD Certified devices will playback all
previous versions of DivX video, premium Hollywood content in the DivX format, and DivX
Plus HD video files with the .mkv file extension and AAC audio
created with third-party tools.
Known for great performance, visual quality and interoperability
on any DivX Certified® device, DivX provides consumers with a
comprehensive digital media solution supporting the majority of
high-quality Internet video on their TVs or other consumer
electronics devices.
In addition, DivX also supports the secure playback of major
Hollywood titles from major
studios, and many online movie download sites now distribute
Hollywood content in the DivX
format worldwide.
"We are extremely pleased to announce that Panasonic has decided
to adopt DivX Plus HD in their new 2010 line of Blu-ray devices,"
said Kevin Hell, Chief Executive Officer at DivX. "These Panasonic
3D Blu-ray players are truly revolutionary, and now consumers will
be able to enjoy the best of 3D technology and DivX Plus HD
playback for the ultimate home theater experience."
"Our new DMP-BDT300 players are
fully loaded with all of the tools that consumers need to enjoy
everything 3D and HD," said Kazuhiko
Nakamura, Group Manager of Product Technology, Video
Business Unit, Network Business Group, Panasonic AVC Networks
Company, Panasonic Corporation. "Adding DivX Plus HD Certification
maximizes that experience for our customers by guaranteeing
high-quality playback of all digital video files, including
MKV."
For more information about DivX, visit www.divx.com
For more information about Panasonic, visit
www.panasonic.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.