DivX Grants Mobile Certification to New MtekVision Media Processor
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DivX, Inc. (NASDAQ:DIVX), a digital media company, today announced a
licensing deal with Mtekvision Co., a leader in advanced mobile
semiconductor technology, to grant DivX®
Mobile Certification to a new media processor chipset used in a variety
of mobile platforms.
The MtekVision MV8722, part of the Maple family of media processors,
will enable mobile devices which incorporate the new chipset to
seamlessly playback high-quality DivX® video
at resolutions up to 720x400. These mobile devices will join over 100
million other DivX Certified® devices shipped
by DivX’s licensees into the market, including
DVD players, digital cameras, video game consoles, digital televisions,
and mobile phones. DivX Certification enables a premium visual
experience and interoperability among an expanding ecosystem of devices
and platforms.
"Mtekvision is dedicated toward creating
mobile solutions that foster a rich multimedia experience and allow
users to benefit from superior portable technology,”
said Simon Morris, CEO, MtekVision Canada Ltd. "Offering
DivX Mobile Certification enables us to provide our partners and
customers with a valuable feature for ensuring the highest quality video
possible across mobile devices.” "MtekVision’s
MV8722 illustrates DivX’s commitment toward
expanding an ecosystem of devices that operate with a common media
language,” said Patrice Lagrange, Vice
President and Group Business Manager, Media Languages, DivX, Inc. "With
consumers continuously on the move, it is important to offer mobile
solutions that maintain the entertainment standards set by the living
room and provide a seamless experience between the myriad of devices
used daily.”
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.
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.
About Mtekvision
MtekVision Co. Ltd is a world leading solution provider in the design
and manufacture of innovative imaging and multimedia device IC solutions
for mobile and portable devices. MtekVision has been delivering leading
edge performance solutions for the full range of mobile and portable
devices including mobile phones, mobile TV phones, smart phones, PDAs,
MP3 players and voice recorders since 1999. MtekVision provides an
optimized system solution delivering complete System-on-Chip and
programmable software platforms. MtekVision has become Korea's largest
fabless semiconductor company with its solutions adopted by over 700
end-products.
Founded in 1999, MtekVision Co. Ltd. is headquartered in Seoul, Korea,
with offices in US, Germany, Denmark and China and significant R&D
division in Canada that has developed the Maple media processor family.
MtekVision is a publicly held company with its common share being traded
on KOSDAQ(074000).
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.
