SAN DIEGO, May 18 /PRNewswire-FirstCall/ -- DivX, Inc.
(Nasdaq: DIVX), a leading digital media company, today announced
that over 300 million DivX devices have now shipped into the global
market from consumer electronics manufacturers. DivX technology
enables consumers to easily enjoy and transfer high-quality digital
videos on virtually any kind of device from any brand, including
DVD players, Blu-ray players, digital televisions, mobile phones,
gaming consoles and more.
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DivX Certified® devices are available across the world from
major CE manufacturers, including LG Electronics, Panasonic,
Philips, Pioneer, Samsung Electronics, Sharp, Sony, Toshiba and
many more. Each device is capable of playing back DivX video files
up to 1080p. In addition, secure Hollywood movies are available for download
from online retailers such as CinemaNow, Film Fresh, WB Live and
others.
"DivX devices are at the center of our corporate strategy and
our consumer value proposition, and reaching the 300 million
milestone is a major achievement for us and our partners," said
Kevin Hell, CEO of DivX, Inc. "Consumers want the freedom and
flexibility to enjoy the entertainment content they care about on
any device or platform, regardless of connectivity. By working with
our CE partners, major content providers, online retailers and
leveraging our own consumer software offerings, we are able to make
that vision a reality for people all over the world."
The DivX Certification program was launched in 2003 to provide
consumer electronics manufacturers with the ability to add
guaranteed, high-quality playback support for the popular DivX
video format on devices. Due to the wide consumer adoption of DivX,
the large number of DivX files available on the Internet, and the
superior DivX video technology, DivX quickly became a checklist
feature for red-laser DVD players across the globe.
In the past few years, manufacturers have rapidly adopted DivX
technology for next-generation video devices beyond standard DVD
players. In the digital television (DTV) category, DivX has
partnered with the largest DTV manufacturers, including LG,
Samsung, Panasonic, Philips, Sharp, Sony and Toshiba, among others.
The Company has certified 2,000 digital television models since the
beginning of its certification program with over 50% of these
models achieving HD certification.
The fast-growing Blu-ray category has been another area of focus
for the Company, with over 500 Blu-ray player models certified from
all major OEMS, including Panasonic, Samsung, Sharp, Sony and many
others. The globally popular Sony PlayStation® 3, which remains the
best-selling Blu-ray device in the world, also supports DivX
playback.
As multimedia playback increases in popularity, the mobile phone
category has been another area of focus for the DivX licensing
business. To date, DivX has certified over 70 mobile handset models
from some of the largest manufacturers in the industry including LG
Electronics, Motorola, Pantech and Samsung. Numerous DivX Certified
in-car devices, portable media players, set-top boxes and other
device categories have also shipped into the global market.
For more information about DivX, visit www.divx.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 300 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.