SAN DIEGO - (Business Wire) DivX, Inc. (NASDAQ:DIVX), a digital media company, today announced that Marantz, the high-end audio/video brand owned by D&M Holdings Inc., will release a DivX Certified
® Blu-ray Disc player (model: BD8002) in Japan and the U.S.
The high-quality DivX® digital video format, which is already a de facto standard in DVD devices worldwide, has seen strong success in the high-definition market with a number of DivX Certified Blu-ray devices shipping in various markets. Thanks to the superior compression and high visual quality of the DivX format, consumers can take advantage of Blu-ray technology to store and play back more than 25 hours of DVD-quality video on a single Blu-ray disc.
“Marantz is recognized as a leader in high-end audiovisual devices, and by incorporating DivX technology into its latest Blu-ray device it is offering its consumers the ability to easily transfer high-quality video content from the PC and the Internet to the home theatre,” said Kevin Hell, CEO of DivX, Inc.
Products that bear the DivX Certified logo have undergone a rigorous testing program to ensure interoperability, security and visual quality. DivX Certified products enable consumers to create, play and share high-quality video content across a range of devices and platforms. Over 100 million DivX Certified devices from a variety of manufacturers have shipped into the market worldwide.
About DivX, Inc.
DivX, Inc. is a 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 100 million DivX Certified 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. 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; DivX's dependence on its licensees and partners; the effect of intellectual property rights claims; and other factors discussed in the "Risk Factors" section of DivX's most recent report filed with the Securities and Exchange Commission on May 9, 2008. 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.
DivX, Inc.
Investor Relations Contact:
Karen Fisher, 858-882-6415
kfisher@divxcorp.com
or
Media Contact:
Tom Huntington, 858-882-0672
thuntington@divxcorp.com
