DivX and Vuze Partner to Enable Premium Video Content on the DivX Connected(TM) Platform
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DivX, Inc. (NASDAQ: DIVX) and Vuze, a rapidly growing open entertainment
platform for professionally produced content with an established
audience of more than 16 million users, today announced an agreement to
create a Vuze service to distribute premium content via DivX ConnectedTM,
a solution that provides consumers with easily accessible high-quality
digital media content and services through a variety of consumer
electronics devices.
The online Vuze service offers a rich depth of video content, including
a large amount of HD content. Leading international content brands,
including A&E, the BBC, National Geographic, PBS, and Showtime, as well
as hundreds of premier production studios and thousands of maverick
content creators distribute shows through the Vuze platform. Selections
from the Vuze library will become available to DivX Connected users,
extending the Vuze experience beyond the PC and into the living room.
The first DivX Connected device available to consumers from D-Link is
presently for sale online in the UK, France, and Germany and will be
released in the US later this year.
"Vuze is an open platform for the distribution
of high quality premium entertainment content, and we are thrilled to
give our users the ability to watch that content the way they choose,”
said Gilles BianRosa, CEO of Vuze. "Because it
is high resolution, Vuze content looks terrific on a large screen. DivX
Connected provides a great way to extend the Vuze experience beyond the
PC.” "Innovative companies like Vuze are
demonstrating the disruptive nature of online video distribution,
especially when combined with Vuze’s
outstanding roster of content creators,” said
Jerome "Gej”
Vashisht-Rota, Co-founder, Vice President & Group Business Manager,
Media Experience, at DivX, Inc. "Vuze and
DivX Connected make a great team to bring truly compelling content to
the living room for a powerful cinematic experience.”
For more information on DivX, see www.divx.com.
For more information on Vuze, see www.vuze.com.
About Vuze
Vuze is the world's most popular entertainment platform for DVD-quality
and HD video content. With an installed base of 16 million unique client
downloads in its first 11 months, 500,000 new viewers joining per week
and more than 100 content partners to date, Vuze is experiencing
unprecedented organic growth. Vuze attracts and features high quality
content from a growing roster of global television networks, premier
production studios and thousands of maverick content creators, on the
most advanced, most open entertainment platform ever created. Vuze, Inc,
formerly known as Azureus, Inc., is headquartered in Palo Alto, with
offices in Los Angeles, Paris, and New York.
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 the anticipated benefits of
the agreement between Vuze and DivX, DivX’s
customers and shareholders, activities expected to occur in connection
with the agreement, and the expected increase to DivX’s
market opportunity related to its DivX Connected consumer electronics
device. 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: risks that the anticipated benefits of
the Vuze agreement with DivX may not materialize to the extent expected,
or at all; risks related to the uncertainty surrounding DivX’s
success in developing the DivX Connected consumer electronics device;
risks related to the timely development of DivX Connected consumer
electronics devices; risks related to the anticipated consumer adoption
and benefits of DivX Connected consumer electronics devices; the risk
that the anticipated market opportunities may not materialize as
expected, or at all; 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.
