DivX Announces Licensing Agreement with AMD to Allow Support of DivX Video with AMD Xilleon(TM) Processors
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DivX, Inc. (NASDAQ:DIVX), a digital media company, today announced a
licensing agreement with semiconductor supplier AMD (NYSE:AMD). This
agreement will allow AMD to include DivX®
video technology with specific AMD Xilleon™
processors to power a broad range of next-generation digital TVs
worldwide.
"We are committed to delivering a true multimedia experience with AMD
Xilleon processors providing excellent visual quality and
interoperability across a number of high-definition digital TVs and
platforms," said Dave Di Orio, corporate vice president and general
manager for AMD’s DTV Division. "DivX
video is a highly attractive feature that we believe complements AMD
technology to offer real value to our DTV OEM customers and consumers.” "Our goal is to create a seamless media
experience where consumers can enjoy high-quality video on any kind of
device, and AMD is an excellent partner to help realize that vision,”
said Kevin Hell, CEO of DivX, Inc. "Digital
televisions are an increasingly important element of the ‘three
screens’ that define the digital media
experience today—the PC, the television and
the mobile device, and we believe our agreement with AMD will help
improve the media experience for consumers.”
The two companies will work together to achieve DivX Certification for
specific AMD Xilleon processors. Products that bear the DivX Certified®
logo have undergone a rigorous testing program to ensure a high-quality
DivX media experience, including reliable video playback,
interoperability with other DivX Certified devices and the visual
quality users expect from DivX.
About DivX
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 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.