DivX Plus(TM) HD Technology First to Market in Philips' 2010 Line of Blu-ray Disc(R) Players
January 06 2010 - 8:00AM
PR Newswire (US)
Philips' new Blu-ray players to support playback of DivX Plus HD
(MKV) video up to 1080p and Hollywood movies, offering consumers a
richer media experience LAS VEGAS, Jan. 6 /PRNewswire-FirstCall/ --
DivX, Inc. (NASDAQ:DIVX), a leading digital media company, today
announced that Philips will introduce the DivX Plus(TM) HD playback
feature in its next generation of Blu-ray products to be launched
in early 2010. Philips' new line of Blu-ray players will be able to
playback DivX Plus HD video using the MKV container, providing
consumers with a true cinematic video experience at HD resolutions
up to 1080p. Philips will be the world's first brand to launch
products that offer DivX Plus HD playback. (Logo:
http://www.newscom.com/cgi-bin/prnh/20081124/DIVXLOGO) Philips
Blu-ray Disc players combine stylish design with unbeatable sound
and picture quality. A significant amount of Philips Blu-ray
products will support DivX Plus HD playback and be available to
consumers first in Europe beginning April 2010. DivX Plus HD
devices support the playback of all content created with DivX®
software - from previous versions of DivX video to new DivX Plus HD
(H.264/MKV) files. Based on H.264, the emerging standard for
digital video compression, DivX Plus HD supports video files in the
MKV container. Also, DivX Plus HD technology provides advanced
features for a richer media experience, including automatic and
authored chapter points, quick start, smooth fast forward and
rewind (up to 32x in both directions), and support for high-quality
AAC audio, up to eight subtitle and audio tracks, and metadata. In
addition to these new advanced features, DivX Plus HD offers easy
playback of premium Hollywood movies in the DivX format from online
movie download sites for flexible, simple viewing via a disc, USB
drive or directly through a home network (DLNA). "These new Philips
DivX Plus HD Blu-ray players will provide consumers with a rich HD
digital media experience," said Kevin Hell, Chief Executive Officer
at DivX. "Consumers will be able to enjoy the full range of DivX
content, including HD Internet content and films from major
Hollywood studios now available from the many online content
retailers worldwide." For more information about DivX, visit
http://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 250 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.
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:
Jennifer Baumgartner, +1-503-901-5371, , or Investor Contact: Karen
Fisher, +1-858-882-6415, , both of DivX, Inc. Web Site:
http://www.divx.com/
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