DivX(R) Video Support Added to PLAYSTATION(R)3 With Latest System Software Update
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DivX, Inc. (NASDAQ:DIVX) today announced the availability of support for
the DivX® video format on PLAYSTATION®3
(PS3™) to end users. With this latest update
Version 2.10(a), available on December 18, PS3 is the first gaming
system to officially support playback of DivX video.
"PS3 is a powerful and highly popular home
entertainment system, and the addition of DivX support helps to optimize
the digital media experience for consumers by allowing PS3 users to
enjoy their library of high-quality DivX content directly on the
television,” said Kevin Hell, CEO of DivX,
Inc. "As the first gaming system to offer
official support for DivX video, PS3 represents an exciting new addition
to the DivX ecosystem of products that enable consumers to enjoy their
videos on any kind of device or platform.”
Full DivX Certification® of PS3 is expected
in the future, at which point the popular computer entertainment system
will join the over 100 million DivX Certified products that have been
shipped into the market. Products that bear the DivX Certified logo have
undergone a rigorous testing program to ensure a high-quality DivX media
experience that includes reliable video playback and excellent visual
quality.
To learn about DivX technology, please visit www.divx.com.
(a) For details on system software update of PS3, please visit your
local SCE website: http://www.playstation.com/ 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 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.
"PLAYSTATION” is a
registered trademark and "PS3”
is a trademark of Sony Computer Entertainment Inc.
