DivX, Inc. (NASDAQ:DIVX) and Corel Corporation (NASDAQ:CREL) (TSX:CRE),
a leading developer of graphics, productivity and digital media
software, today announced the DivX Ultra Certification®
of Corel® DVD Copy™ 6, enabling a superior digital media experience with DivX®
output.
Using Corel DVD Copy 6, consumers can copy and burn unencrypted DVDs and
videos in three easy steps and convert video files to view on one of
over 100 million DivX Certified® devices
shipped into the market from major manufacturers around the world. DivX
Ultra Certification of DVD Copy 6 gives users the ability to create
fully featured interactive DivX content.
"Corel DVD Copy 6 provides consumers with the
popular DivX® media format to create a
high-quality cinematic experience for the PC and DivX Certified consumer
electronic devices,” said Jeff Hastings,
President and General Manager, Digital Media at Corel. "Offering
DivX as an output video option for Corel DVD Copy 6 not only helps us to
meet consumer demand for DivX, but it also offers an opportunity to
extend their media into the living room and beyond.” "We are very excited to see the DivX Ultra
Certification of Corel DVD Copy 6. With Corel DVD Copy 6, Corel enables
solutions that improve the overall media experience for the consumer
beyond the PC into the DivX certified living room and mobile devices,”
said Patrice Lagrange, Vice President and Group Business Manager, Media
Languages, DivX, Inc. "Users of Corel’s
DVD Copy 6 will benefit from the ability to fit multiple movies on a
standard DVD, as well as create and manage single, high-quality DivX
video files that incorporate the complete DVD-like experience.”
Products that bear the DivX Certified logo have undergone a rigorous
testing program to ensure a quality DivX media experience, including
reliable video creation and playback and interoperability with other
DivX Certified devices. For a full list of DivX Certified products,
please visit www.divx.com/products.
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.
About Corel Corporation
Corel is a leading developer of graphics, productivity and digital media
software with more than 100 million users worldwide. The Company's
product portfolio includes some of the world's most popular and widely
recognized software brands including CorelDRAW®
Graphics Suite, Corel® Paint Shop Pro®,
Corel® Painter™,
Corel DESIGNER®, Corel WordPerfect®
Office, WinZip®, WinDVD®
and iGrafx®. Designed to help people become
more productive and express their creative potential, Corel's software
strives to set a higher standard for value with full-featured products
that are easier to learn and use. The industry has responded with
hundreds of awards recognizing Corel's leadership in software
innovation, design and value.
Corel's products are sold in more than 75 countries through a
well-established network of international resellers, retailers, original
equipment manufacturers, online providers and Corel's global websites.
The Company's headquarters are located in Ottawa, Canada with major
offices in the United States, United Kingdom, Germany, China and Japan.
Corel's stock is traded on the
Nasdaq under the symbol CREL and on the
TSX under the symbol CRE.
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 quarterly report on Form 10-Q filed with the SEC on November
14, 2007. 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.
