DivX Continues Momentum in Blu-ray Category with New DivX Certified(R) Player from Panasonic
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DivX, Inc. (NASDAQ: DIVX), a digital media company, today announced the
DivX Certification™ of a new Blu-ray Disc (BD)
Player from Panasonic, the DMP-BD50. The DMP-BD50 is the first DivX
Certified® Blu-ray model to be shipped to the
U.S. market and will also be distributed throughout Europe.
DivX has currently certified 19 stand-alone Blu-ray models. The DMP-BD50
is the newest Blu-ray player in Panasonic’s
line, preceded by the DMP-BD30, to offer a high-quality DivX®
digital video experience. The DMP-BD50 is Panasonic’s
third generation Blu-ray player, offering the new BD-Live function which
allows consumers to enhance their entertainment experience through the
Internet. Consumers will be able to play back DivX video stored on CD-R
or DVD-R, transferring content from the PC to the home theater. Panasonic’s
DMP-BD50 adds to the increasing number of DivX Certified Blu-ray players
and over 100 million other DivX Certified devices that have been shipped
by DivX licensees into the market, including digital televisions,
set-top boxes, in-car multimedia players, mobile phones, and digital
cameras.
"There has been consistent consumer demand for
products that support DivX video and the feature has significantly
enhanced our product offerings, differentiating us from our competitors,”
said Kazuhiko Nakamura, Group Manager of Product Technology, Video
Business Unit, Network Business Group, Panasonic AVC Networks Company,
Matsushita Electric Industrial Co., Ltd. "We
are pleased to continue working with DivX in offering consumers a
quality solution for their digital needs.” "DivX is dedicated to bringing a high-quality
digital experience to any device and we are thrilled to continue this
drive within the Blu-ray market by extending DivX Certification to the
Panasonic DMP-BD50,” said Kevin Hell, Chief
Executive Officer, DivX, Inc. "We have
achieved considerable success in the DVD category, becoming a standard
checklist feature.”
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.
For more information on DivX Certification, visit www.divx.com/certification.
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 12, 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.