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NeuLion to Acquire DivX, a Leading Provider of Next-Generation Digital Video Solutions

Transaction Creates Online Video Powerhouse Perfectly Positioned to Take Full Advantage of Accelerating Adoption of 4K Video and OTT Services
NeuLion to Strengthen Management Team
Globalizes NeuLion’s Reach

PLAINVIEW, NY—January 5, 2015 – NeuLion, Inc. (TSX: NLN), the leading enabler and provider of live and on-demand content to Internet-connected devices, has signed a definitive agreement to acquire DivX LLC, a leading provider of next-generation digital video solutions.

The transaction will place the combined company at the forefront of the global shift to 4K video and Over-The-Top services in the fast-growing online video market. According to Futuresource Consulting, 4K adoption is forecast to grow quickly from 2015 onward with over 100 million shipments projected in 2018, representing 38% of the total TV market. As live and on-demand secured streaming of content continues to move to digital platforms, NeuLion and DivX together will be a leader in the space from both a technology platform and consumer experience perspective. Bringing together NeuLion’s managed services and DivX’s technology products, NeuLion will be able to give customers the choice of either building and managing digital video platforms internally or licensing a fully integrated managed services solution.

“By delivering interactive viewing experiences to consumers watching live and on-demand content on digital platforms, from desktop to mobile to connected devices, NeuLion has built a roster of the best known brands in professional and college sports and TV Everywhere, such as NFL, NHL, NBA, UFC, Rogers and CCTV. Now, we are extending our franchise and bolstering our capabilities with our acquisition of DivX’s entertainment and consumer electronics customers, advanced 4K video enabling technology products and expansive geographic reach,” said Nancy Li, chief executive officer of NeuLion.

Added Kanaan Jemili, DivX’s chief executive officer, “As a leading provider of next-generation digital video technologies for Over-The-Top services across consumer electronics devices and mobile platforms, DivX has licensed its technology to global brands spanning consumer electronics manufacturers, entertainment content rights holders and cable network operators, such as LG, Samsung, Toshiba and Hisense. With our recently introduced end-to-end HEVC solution, DivX is helping to drive adoption of 4K video and live streaming. We are excited about the opportunity to extend our reach into the global marketplace while we continue to create technologies that bring high quality viewing experience to digital media consumers.”

Expanded Management Team with Global Reach
Upon closing of the transaction, Nancy Li, NeuLion’s chief executive officer, will become executive vice chairman of the NeuLion board of directors and will drive the technology vision for the company, and Kanaan Jemili, DivX’s chief executive officer, will be appointed chief executive officer of NeuLion. The management teams and employees of both companies will be combined. NeuLion will now have offices and sales reach throughout North America, Europe and Asia.

Expanded Board of Directors
Upon closing of the transaction, James Hale, DivX’s chairman and managing partner at Parallax Capital Partners, LLC, and John Coelho, a member of DivX’s board of directors and partner at StepStone Group LP, will join the NeuLion board of directors. As a result, NeuLion will expand its board to 11 seats.

Terms of the Transaction
Under the terms of the definitive agreement, the total value of the transaction is approximately $62.5 million, consisting of $37.5 million in shares of NeuLion common stock and a $25 million two-year convertible note, subject to working capital adjustments. At closing, NeuLion will issue 35,890,216 shares of common stock at a set price of approximately $1.045 per share based on the five-day VWAP for the stock as of the market close on December 24, 2014. NeuLion management expects the transaction to be accretive on a GAAP operating income basis for 2016 and immediately accretive on a non-GAAP adjusted EBITDA basis. For the six-month period ended September 30, 2014, the period DivX has been a stand-alone private company, DivX had estimated GAAP unaudited revenues of $10.8 million and estimated non-GAAP revenues of $26.6 million, and an estimated GAAP unaudited consolidated net loss of $7.4 million and non-GAAP Adjusted EBITDA of $3.5 million. A reconciliation of the GAAP to non-GAAP figures can be found in a table at the end of this release.

The transaction, which has been approved by the boards of directors of NeuLion and DivX, is expected to close in the first quarter of calendar 2015 subject to customary closing conditions.

Needham & Company provided a fairness opinion to NeuLion’s board of directors.

About NeuLion
NeuLion, Inc. (TSX: NLN) offers the true end-to-end solution for delivering live and on-demand content to Internet-enabled devices. NeuLion enables content owners and distributors, cable operators and telecommunications companies to capitalize on the massive consumer demand for viewing video content on PCs, smartphones, iPads and other similar devices. NeuLion’s customers include major entertainment, sports, global content and news companies. NeuLion is based in Plainview, NY. For more information about NeuLion, visit www.neulion.com.

About DivX, LLC

DivX, LLC, is leading the way to better, more seamless consumer video experience by powering the professional creation, protected distribution and high-quality playback of highly efficient video to multiple devices and platforms. DivX, along with its subsidiary MainConcept, offers service providers, device manufacturers and integrators technologies that address the entire video supply chain with solutions for software applications, OTT content services and consumer electronics devices. Over 1 billion DivX enabled devices have shipped worldwide from major manufacturers and DivX consumer software products have been downloaded over 1 billion times. DivX is based in San Diego, CA, with offices across Europe and Asia. For more information on the company, visit www.divx.com/company.

Forward-Looking Statements

Certain statements herein are forward-looking statements and represent NeuLion’s current intentions in respect of future activities. Forward-looking statements can be identified by the use of the words “will,” “expect,” “seek,” “anticipate,” “believe,” “plan,” “estimate,” “expect,” and “intend” and statements that an event or result “may,” “will,” “can,” “should,” “could,” or “might” occur or be achieved and other similar expressions. These statements, in addressing future events and conditions, involve inherent risks and uncertainties. Although the forward-looking statements contained in this release are based upon what management believes to be reasonable assumptions, NeuLion cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and NeuLion assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Many factors could cause NeuLion’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including: our ability to derive anticipated benefits from the acquisition of DivX, LLC; our ability to successfully integrate the operations of DivX, LLC; our ability to realize some or all of the anticipated benefits of our partnerships; general economic and market segment conditions; our customers’ subscriber levels and financial health; our ability to pursue and consummate acquisitions in a timely manner; our continued relationships with our customers; our ability to negotiate favorable terms for contract renewals; competitor activity; product capability and acceptance rates; technology changes; regulatory changes; foreign exchange risk; interest rate risk; and credit risk. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. A more detailed assessment of the risks that could cause actual results to materially differ from current expectations is contained in the “Risk Factors” section of NeuLion’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, which is available on www.sec.gov and filed on www.sedar.com.
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Press Contact for NeuLion:
Chelsea Nunn
516-622-8381
chelsea.nunn@neulion.com

Investor Relations Contact for NeuLion:
LHA
Stephanie Prince/Jody Burfening
(212) 838-3777
sprince@lhai.com


Press Contact for DivX:

Tom Huntington
619-743-9057
tom.huntington@divx.com

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GoLive Selects DivX® OmniView™ to Power its Global OTT Entertainment Service to Smart TVs

GoLive Movie to utilize complete DivX solution, including content preparation, DivX DRM and secure multiscreen playback on Android Smart TVs

LAS VEGAS, NV, January 5, 2015—DivX, LLC, a leading provider of next-generation digital video solutions, today announced that GoLive Movie, a new international video entertainment service, has selected its DivX® OmniView™ solution to power the secure delivery of high-quality, on-demand premium movie content to smart TVs. The new GoLive Movie service will first be available on television sets from TCL.

GoLive offers viewers a diverse selection of content, including television programming and on-demand movies for viewing on virtually any connected TV, phone or tablet. By selecting DivX DRM and adaptive bitrate streaming technology, the service ensures an optimized viewing experience to suit a range of Internet speeds. With an initial launch in China, the company plans to further extend the GoLive Movie service to a worldwide audience in 2015.

DivX OmniView technology enables secure video distribution and playback across multiple screens, including Android, iOS, Web, PCs, Smart TVs and set-top boxes. With support for video up to 4K and advanced streaming features, such as multi-language subtitles, chapter points and smooth trick play, DivX enables Over-The-Top (OTT) services to differentiate their experience as well as reduce operating costs using HEVC and DASH. In addition, DivX has been approved by the Digital Entertainment Content Ecosystem (DECE) for use with UltraViolet™ services. With a base of over 1 billion DivX Certified® devices, the DivX OmniView solution helps content providers and operators extend the reach of their services to multiple screens and broaden their subscriber base.

“Our secure DivX Plus Streaming® technology coupled with our proven DRM and content preparation tools offer a complete package for GoLive and other OTT service providers interested in launching a multiscreen video service,” said DivX President and CEO Dr. Kanaan Jemili. “DivX® OmniView™ enables customers like GoLive to deliver premium-quality content, securely, to multiple devices,” he added.

“GoLive is pleased to partner with DivX and to employ the DivX® OmniView™ solution to deliver a premium movie experience on connected TVs. Consumers have a desire to watch new movies on their TVs, and DivX® helps us to securely deliver the latest cinema content to homes to meet their needs,” said Reagon Cui, COO of GoLive.

By utilizing DivX OmniView for OTT video delivery, GoLive Movie lets consumers watch new releases at home at an affordable price, while creating a new monetization opportunity for content producers through access to millions of screens. GoLive Movie is the first video service in China to be powered by the DivX OmniView solution.

Visit DivX at 2015 International CES (South Hall, #31650) from January 6 to January 9 to see a GoLive Movie demonstration. DivX will also exhibit at the CES ShowStoppers event, giving editors and industry analysts an exclusive, in-depth look at the company’s product portfolio. ShowStoppers is being held at the Wynn Hotel on Tuesday, January 6, from 6-10p.m.

The 2015 International CES Show will have more than 3,500 exhibitors, including manufacturers, developers, and suppliers of consumer technology hardware, content, and technology delivery systems. The conference program will include 250 sessions. CES draws more than 150,000 attendees from more than 140 countries annually.

NOTE TO EDITORS: If you would like to book a media briefing with DivX at CES or at ShowStoppers, please contact Segolene Roche at segolene@platformpr.com (EMEA and APAC) or Alicia Root at alicia@platformpr.com (US).

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About DivX, LLC
DivX, LLC, is leading the way to better, more seamless consumer video experience by powering the professional creation, protected distribution and high-quality playback of highly efficient video to multiple devices and platforms. DivX, along with its subsidiary MainConcept, offers service providers, device manufacturers and integrators technologies that address the entire video supply chain with solutions for software applications, OTT content services and consumer electronics devices. Over 1 billion DivX enabled devices have shipped worldwide from major manufacturers and DivX consumer software products have been downloaded over 1 billion times. DivX is based in San Diego, CA, with offices across Europe and Asia. For more information on the company, visit www.divx.com/company.

About GoLive
GoLive is a revolutionary international video entertainment platform that delivers a diverse selection of content from all over the world to virtually any connected TV, phone, tablet, or box. Our unique technology ensures an optimized viewing experience that is adapted to suit a range of internet speeds, broadcasting high-quality streams of the programs and events you want on whatever device you choose, whichever country you’re in. GoLive Movie provides a new channel for monetizing content, giving producers access to millions of screens worldwide. Users can view new releases from the comfort of their homes at an affordable price.

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DivX Exhibits Solutions for High-Quality & Secure OTT Video Delivery, Playback, and Distribution at 2015 International CES Show

Company will demonstrate its DivX® OmniView™ solution to enable production and secure distribution of DASH-compliant live and on-demand over-the-top video up to 4K

SAN DIEGO, CA, December 4, 2014DivX, LLC, a leading provider of next-generation digital video solutions, will exhibit a number of solutions for the preparation, delivery, playback and sharing of high-quality multiscreen DivX® video up to 4K at the upcoming 2015 International CES Show, taking place January 6-9, 2015 at the Las Vegas Convention Center in Las Vegas, NV. DivX (South Hall, booth #31650) will demonstrate how its solutions, including the DivX® OmniView™ suite of over-the-top (OTT) delivery products, and a new 4K video sharing offering, can help consumers maximize the benefits of consuming, distributing, and sharing video entertainment across multiple screens. DivX will also show how its advancements in HEVC, 4K and live streaming are making quantum leaps in video delivery and consumption in areas such as the cloud, OTT and multiscreen.

“DivX® consumers and customers alike are demanding better video quality. A crucial element to meeting these demands is the HEVC standard, with its improved compression rates and ability to deliver Blu-ray-like quality video. HEVC will be a key enabler driving 4K content delivery, over-the-top or through the cloud, to all screens,” said DivX President & CEO Kanaan Jemili, Ph.D.

“At CES, our DivX® OmniView™ suite of products will demonstrate how we’re making the efficiency and quality gains of the HEVC codec available to consumers by delivering high-quality video across multiple screens without compromising security or visual quality. CES is an invaluable opportunity for us to network with our customers and show them how our unique technologies continue to define video delivery across the Internet and multiple devices,” he added.

Attendees to the DivX booth will receive in-person, hands-on demonstrations of the following solutions:

  • DivX® OmniView™Launched at IBC in September 2014, this suite of products for OTT video delivery includes video encoding and packaging, Hollywood-approved DivX® DRM technology and secure players for multiple devices and platforms, including iOS, Android, Smart TVs and PCs. DivX will demonstrate a new Asia-based OTT service on Android Smart TVs and its latest solutions for in-flight video-on-demand.
  • 4K Content Delivery Solution – For CE brands seeking Hollywood 4K movies to ship with TVs, this exhibition puts on display the DivX DRM and secure playback technologies that enable premium content bundling with, and streaming to, currently shipping UHD TVs from the world’s largest device manufacturers, including LG. Demonstrations will include a premium 4K bundle, and an independent content 4K streaming service.
  • DivX 4K Live – The latest DivX profile will enable Secure Live DASH-compliant OTT video streaming to UHD TVs, tablets and the web at up to 4K resolutions.
  • A new solution for 4K personal media that supports ‘create once, share high-quality 4K video anywhere’ using the cloud. This new solution will allow consumers to capture and upload media into the DivX cloud, create private groups for sharing, and play content from the cloud to any DivX Certified® device.

DivX will also exhibit at the CES ShowStoppers event, giving editors and industry analysts an exclusive, in-depth look at the company’s product portfolio. ShowStoppers is being held at the Wynn Hotel on Tuesday, January 6, from 6-10p.m.

The 2015 International CES Show will have more than 3,500 exhibitors, including manufacturers, developers, and suppliers of consumer technology hardware, content, and technology delivery systems. The conference program will include 250 sessions. CES draws more than 150,000 attendees from more than 140 countries annually.

NOTE TO EDITORS: If you would like to book a media briefing with DivX at CES or at ShowStoppers, please contact Segolene Roche (EMEA and APAC) or Alicia Root (US).

Additionally, DivX CEO Kanaan Jemili will take part in the “OTT Practical Wisdom II: All about Live and On-Demand Productions Online” panel at the TV of Tomorrow Show, taking place from 4:35-5:30 p.m. on December 9, 2014, at the SVA Theatre in New York City. To meet with Kanaan Jemili at the TV of Tomorrow Show, please contact Alicia Root (US) or Segolene Roche (EMEA and APAC).

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About DivX, LLC
DivX, LLC, is leading the way to better, more seamless consumer video experience by powering the professional creation, protected distribution and high-quality playback of highly efficient video to multiple devices and platforms. DivX, along with its subsidiary MainConcept, offers service providers, device manufacturers and integrators technologies that address the entire video supply chain with solutions for software applications, OTT content services and consumer electronics devices. Over 1 billion DivX enabled devices have shipped worldwide from major manufacturers and DivX consumer software products have been downloaded over 1 billion times. DivX is based in San Diego, CA, with offices across Europe and Asia. For more information on the company, visit www.divx.com/company.

Platform PR Media Contacts:
For EMEA & APAC: Segolene Roche, +44 (0)20 7486 4900, segolene@platformpr.com
For US: Alicia Root, +1 (415) 370-6444, alicia@platformpr.com

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DivX® Addresses the Challenges and Opportunities of 4K at 2014 Streaming Media West Panel Session

SAN DIEGO, CA, November 11, 2014DivX, LLC, a leading provider of next-generation digital video solutions, will participate in “The 4K Ecosystem: Opportunities and Challenges in the 4K Workflow” panel session at the 2014 Streaming Media West conference being held November 18-19 at the Hyatt Regency in Huntington Beach, CA. In the session, DivX President & CEO Kanaan Jemili, Ph.D., will draw upon the company’s expertise in multi-screen video delivery to discuss how service providers can embrace the 4K opportunity while addressing the key challenges of delivering 4K streams across the entire workflow and supply chain.

During the panel discussion, Jemili will highlight key elements and challenges of 4K content creation, protection and delivery, along with the 4K timeline, real dates for 4K deployment and how OTT 4K streaming compares to other delivery methods, including physical media and 4K over pay TV.

“The advent of 4K is only going to fuel the accelerating consumer demand for high-quality content any time, anywhere,” said Jemili. “That’s why it’s critical to address some of the most pressing issues in the over-the-top (OTT) delivery of 4K content now, from standardizing the content experience across multiple devices to content protection and beyond.”

During the session, Jemili will offer insight gleaned from DivX’s leading position as a technology enabler of secure OTT delivery across multiple screens to provide real-world solutions to the challenges of 4K streaming. DivX is the developer of DivX® OmniView™, an end-to-end solution enabling pay TV operators, broadcasters and service providers to create, distribute and playback secure OTT video across an array of screens, including web, mobile, smart TVs, and set-top boxes.

“With the DivX® OmniView™ solution, we’re delivering a unique set of technologies that enable OTT services and platforms to differentiate their services, reduce costs and expand their audiences,” said Jemili. “Its development has given DivX tremendous insight into the changing landscape of the viewing experience, including the delivery of OTT 4K streaming content. We are grateful to have the opportunity to share our experience and expertise with Streaming Media West 2014 attendees.”

“The 4K Ecosystem: Opportunities and Challenges in the 4K Workflow” panel discussion will take place on Tuesday, November 18, from 10:30-11:15 a.m. (PT).

The 2014 Streaming Media West show will feature 100-plus speakers across more than 40 sessions and workshops. For more information, visit: http://www.streamingmedia.com/west.

NOTE TO EDITORS: If you would like to book a media briefing with DivX CEO Kanaan Jemili, Ph.D., at Streaming Media West, please contact Segolene Roche at segolene@platformpr.com (EMEA and APAC) or Alicia Root at alicia@platformpr.com (US).

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About DivX, LLC
DivX, LLC, is leading the way to better, more seamless consumer video experience by powering the professional creation, protected distribution and high-quality playback of highly efficient video to multiple devices and platforms. DivX, along with its subsidiary MainConcept, offers service providers, device manufacturers and integrators technologies that address the entire video supply chain with solutions for software applications, OTT content services and consumer electronics devices. Over 1 billion DivX enabled devices have shipped worldwide from major manufacturers and DivX consumer software products have been downloaded over 1 billion times. DivX is based in San Diego, CA, with offices across Europe and Asia. For more information on the company, visit www.divx.com/company.

Platform PR Media Contacts:
For EMEA & APAC: Segolene Roche, +44 (0)20 7486 4900, segolene@platformpr.com
For US: Alicia Root, +1 (415) 370-6444, alicia@platformpr.com

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Konka Chooses DivX® HEVC Technology to Power High-Quality 4K Video Experience on Televisions

License Agreement Renewal Extends DivX Brand Presence in China Consumer Electronics Market

SAN DIEGO, CA, October 15, 2014—DivX, LLC, a leading provider of next-generation digital video solutions, and Konka Group, one of China’s leading TV manufacturers, today announced that the two companies will work together to implement DivX® HEVC Ultra HD (4K) technology across Konka’s line of 4K digital televisions.

Konka is the latest consumer electronics manufacturer to adopt DivX HEVC technology, which enables 4K video content at highly efficient file sizes that can be transferred over the Internet. DivX is a leader in bringing the new HEVC video standard (also referred to as H.265) to the global market, offering the first widely available consumer software tools for the creation of Ultra HD video content to help drive the emerging next-generation video ecosystem, as well as the DivX Certified® Program for DivX HEVC to accelerate HEVC adoption in hardware devices.

“4K video offers a huge leap forward in quality, and companies like Konka are at the forefront of bringing a great 4K playback experience to consumers,” said Dr. Kanaan Jemili, CEO of DivX, LLC. “DivX HEVC technology lets consumers easily create and playback stunning 4K video at highly efficient file sizes, for an easy, real-world experience that delivers on the promise of next-generation technology.”

“The DivX HEVC solution complements our 4K digital televisions perfectly by enabling the seamless playback of extremely high-quality video at manageable file sizes,” said Konka company spokesperson. “DivX continues to be a leader in next-generation video technology and we’re pleased to continue our mutually beneficial partnership.”

The end-to-end DivX HEVC solution is designed to accelerate the adoption of the latest compression standard across the entire video distribution system. DivX Certified devices for HEVC will support DivX DRM and an advanced feature set for media playback including multi-language subtitles and audio tracks, trick-play track for smooth fast forward and rewind, chapter points for quick scene navigation, and resume playback across devices. DivX recently received a 2014 Best Ultra HD Codec award from Ultra HDTV Magazine for its DivX 10 software and MainConcept® HEVC SDK.

About DivX, LLC

DivX, LLC is leading the way to better, more seamless consumer video experience by powering the professional creation, protected distribution and high-quality playback of highly efficient video to multiple devices and platforms. DivX, along with its subsidiary MainConcept, offers service providers, device manufacturers and integrators technologies that address the entire video supply chain with solutions for software applications, OTT content services and consumer electronics devices. Over 1 billion DivX enabled devices have shipped worldwide from major manufacturers and DivX consumer software products have been downloaded over 1 billion times. DivX is based in San Diego, CA, with offices across Europe and Asia. For more information on the company, visit www.divx.com/company.

About Konka

Established in 1980, Konka Group is China’s first Sino-foreign joint consumer electronics enterprise. In 1992, the company’s A-share and B-share were listed on the Shenzhen Stock Exchange. Now Konka has total assets of 9.3 billion, net assets of 3.7 billion, total capital of 1.2 billion shares, with large-scale central enterprises – Overseas Chinese Town (OCT) Group as its largest shareholder. Konka Group owns a wide and sound marketing network by establishing over 50 subsidiaries, hundreds of sales offices and more than 3,000 service outlets. Overseas, its business network covers more than 100 countries and regions. Total number of users achieves 100 million globally. “KONKA” trademark has been certified by the state as “Chinese Famous Trademark”, and selected as “Most Valuable Chinese Brand” for many consecutive years. Its brand value is now more than 15.1 billion.

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MainConcept® HEVC Video SDK Widely Adopted by Leading Companies to Power Creation and Playback of Next-Generation Video

Vidcheck, PixelPower and Tektronix among Latest MainConcept Partners to Adopt HEVC Solution

SAN DIEGO, CA, September 12, 2014—DivX, LLC, a leading provider of next-generation digital video solutions, today announced that the MainConcept® HEVC SDK has been licensed by a wide variety of companies for the creation and playback of highly efficient, high-quality next-generation video. The newest release of the industry-leading HEVC encoding tools includes support for real-time encoding of 1080p video at 30 frames per second.

The most recent partners to announce support for the MainConcept HEVC technology include:

• Vidcheck provides enterprise-level QC and correction software applications that not only automatically check media files but also intelligently correct errors, giving dramatic savings on QC costs. Vidcheck’s applications focus on the requirements of the broadcast industry, and scale from highly cost-effective systems for post-production houses to large-scale ‘grid’ implementation for processing thousands of hours of media files per week.

• Pixel Power, a leading provider of broadcast graphics and playout technology solutions, trusted by leading broadcasters worldwide to deliver real-time channel branding.

• Tektronix, is the market leader in broadcast video test, monitoring and analysis solutions, Tektronix offers a range of File-based QC solutions that ensure compliance of the media files to all quality, regulatory and workflow requirements. In addition, Tektronix delivers solutions to enable designers and manufacturers of hardware and software video encoders, semiconductor devices and mobile video devices to capitalize on opportunities presented by new technologies such as HEVC.

“We strive to provide developers with the highest quality video technology available, easy to implement APIs, and industry-leading support. And we’re constantly optimizing our HEVC solution to deliver faster encoding speeds to meet the diverse needs of virtually any kind of video application,” said Thomas Kramer, VP of Professional Products at DivX, LLC. “It is extremely gratifying to see a wide range of customers adopt the MainConcept® HEVC SDK across so many broadcast solutions.”
The MainConcept HEVC SDK continues to make strides on encoding quality and performance, currently realizing 30-45 percent bitrate savings over H.264 in internal company benchmark tests. The patent-pending Smart Adaptive Bitrate Encoding Technology (SABET™) achieved more than a 30 percent performance gain with transcoding adaptive formats such as DivX® HEVC adaptive streaming.
MainConcept is the leading provider of video and audio encoding, decoding, transcoding and streaming technologies. With offerings that range from individual components for software developers to ready to use enterprise transcoding solutions, MainConcept’s video technology delivers exceptionally high-quality, high performance and bitrate efficient solutions for digital media professionals. MainConcept’s HEVC offering is part of the DivX end-to-end HEVC solution, which is designed to accelerate the adoption of the latest compression standard across the entire video distribution system, spanning the creation, delivery and multi-screen playback of high-quality content. DivX recently received a 2014 Best Ultra HD Codec award from Ultra HDTV Magazine for its DivX 10 software and MainConcept HEVC SDK.

About DivX, LLC
DivX, LLC is leading the way to better, more seamless consumer video experience by powering the professional creation, protected distribution and high-quality playback of highly efficient video to multiple devices and platforms. DivX, along with its subsidiary MainConcept, offers service providers, device manufacturers and integrators technologies that address the entire video supply chain with solutions for software applications, OTT content services and consumer electronics devices. Over 1 billion DivX enabled devices have shipped worldwide from major manufacturers and DivX consumer software products have been downloaded over 1 billion times. DivX is based in San Diego, CA, with offices across Europe and Asia. For more information on the company, visit www.divx.com/company.

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Wohler Adopts MainConcept® HEVC Solution for Leading RadiantGrid™ Content Distribution Platform

Wohler Will Enable Customers to Easily Create High-Quality DivX® HEVC Files for Distribution to Multiple Devices

SAN DIEGO, CA, September 12, 2014—DivX, LLC, a leading provider of next-generation digital video solutions, today announced that Wohler Technologies has licensed the MainConcept® HEVC SDK, including support for DivX® HEVC technology, to enable file-based content preparation through Wohler’s RadiantGrid™ content distribution and transformation platform.

The MainConcept HEVC solution has been widely deployed by a number of companies across the video value chain seeking to meet the market demand for next-generation video. An implementation of the emerging H.265 video standard, the MainConcept HEVC SDK offers superior encoding quality, high compression efficiency and optimized system performance, along with ease of implementation designed to minimize time-to-market.

“The MainConcept® HEVC SDK offers a high-quality, production-ready HEVC encoder that is optimal for file-based software solutions such as Wohler’s RadiantGrid™ platform,” said Thomas Kramer, VP of Professional Products at DivX, LLC. “Additionally, by supporting the included DivX® HEVC profile, Wohler is joining a large number of partners tapping into the DivX ecosystem spanning devices, software and service offerings.”

“We are committed to advancing our RadiantGrid™ platform to support the latest video standards our customers require, and MainConcept offers proven high-quality technology expertise and an industry-leading HEVC solution,” said Craig Newbury, Vice President, RadiantGrid at Wohler Technologies. “We are also pleased to add support for the DivX® HEVC ecosystem, which will provide our customers the ability to encode high-quality HEVC content for over-the-top video services and playback on a variety of devices.”
The MainConcept HEVC SDK continues to make strides on encoding quality and performance, based on numerous in-house tests, currently realizing 30-45 percent bitrate improvements over H.264 in internal company benchmark tests. The patent-pending Smart Adaptive Bitrate Encoding Technology (SABET™) achieved more than a 30 percent performance gain with transcoding adaptive formats such as DivX HEVC adaptive streaming.
MainConcept is the leading provider of video and audio encoding, decoding, transcoding and streaming technologies. With offerings that range from individual components for software developers to ready to use enterprise transcoding solutions, MainConcept’s video technology deliver exceptionally high quality, high performance and bitrate efficient solutions for digital media professionals. MainConcept’s HEVC offering is part of the DivX end-to-end HEVC solution, which is designed to accelerate the adoption of the latest compression standard across the entire video distribution system, spanning the creation, delivery and multi-screen playback of high quality content. DivX recently received a 2014 Best Ultra HD Codec award from Ultra HDTV Magazine for its DivX 10 software and MainConcept HEVC SDK.

About DivX, LLC
DivX, LLC is leading the way to better, more seamless consumer video experience by powering the professional creation, protected distribution and high-quality playback of highly efficient video to multiple devices and platforms. DivX, along with its subsidiary MainConcept, offers service providers, device manufacturers and integrators technologies that address the entire video supply chain with solutions for software applications, OTT content services and consumer electronics devices. Over 1 billion DivX enabled devices have shipped worldwide from major manufacturers and DivX consumer software products have been downloaded over 1 billion times. DivX is based in San Diego, CA, with offices across Europe and Asia. For more information on the company, visit www.divx.com/company.

About Wohler Technologies Inc.
Wohler’s tradition of innovation began more than 30 years ago with the creation of the industry’s first in-rack audio monitoring product, and it continues today through the company’s continued development of unique solutions that span the baseband, stream, and file-based domains and include advanced monitoring solutions for video, audio, and captioning applications; solutions for IP monitoring, encoding, and decoding; and the award-winning RadiantGrid™ platform for efficient file-based content transformation and distribution. Together, Wohler’s advanced, cost-effective confidence monitoring and media transformation products ensure high-quality production across any platform and delivery to any device. More information about Wohler is available at www.wohler.com.

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DivX Showcases Secure Multi-Screen 4K Over-the-Top Video Experience at IBC 2014

Complete Range of Video Solutions Include Cutting-Edge Video Encoding Tools, Secure OTT Multi-Screen Playback and Premium Hollywood 4K Content Delivery to Smart TVs

SAN DIEGO, CA, September 12, 2014—DivX, LLC, a leading provider of next-generation digital video solutions, today announced that the company is demonstrating a set of products and technologies to deliver a better video experience through the preparation, delivery and secure multi-screen playback of high-quality video up to 4K resolution at IBC 2014. The DivX demonstrations will take place from September 12 through September 16 in Hall 5, Stand C10.

“DivX offers an open, comprehensive range of solutions that address each step of the video value chain. At IBC 2014, we’re showcasing the many ways DivX is powering the future of secure, multi-screen 4K video,” said Dr. Kanaan Jemili, CEO of DivX, LLC. “The new DivX® OmniView™ solution will help OTT services extend their audience reach, differentiate their experience, reduce operating costs and speed time-to-market while ensuring secure, multi-screen playback of the highest-quality video content. Our DivX® 4K content bundling solution enables content providers and device manufacturers to easily and securely deliver premium 4K titles to global consumers. And the many innovations on display from MainConcept, including support for 10-bit HEVC, provide crucial advancements in content preparation and video quality to prepare for the next-generation video experience.”

Demonstrations of DivX products and technologies at IBC 2014 include:

DivX® OmniView™ solution
With the launch of the DivX® OmniView™ solution, DivX is powering the creation and secure multi-screen playback of high-quality video on any device or platform. The new solution enables broadcasters, pay TV operators, OTT specialists and platforms and other content providers to deliver on the promise of “TV everywhere” by reaching multiple screens without sacrificing security or visual quality. Key components of DivX OmniView on display at IBC include:
• Secure HEVC integration with Catch-up TV, Live TV and Premium VOD services
• Secure 4K OTT delivery to Smart TVs
• Hollywood-approved DivX DRM solution supports a wide range of use cases including Live streaming, VOD, streaming and download in addition to purchase, rental and subscription business models
• Advanced streaming features that reduce buffering and differentiate over-the-top services
• Live streaming across multiple screens using HEVC and MPEG-DASH
• Multi-screen playback with DivX secure players for Web, iOS, Android, Mac, PC and consumer electronics devices
• Professional content encoding and packaging tools that integrate into industry workflows

MainConcept® Main 10 and Real-Time HEVC Software Encoding
DivX subsidiary MainConcept, the number one provider of video codec SDKs worldwide, will demonstrate the latest advancements in cutting-edge video technology, including 10-bit software-based HEVC encoding at resolutions up to 4K, software-based real-time HEVC encoding, and high speed adaptive bitrate encoding using the patent pending SABET™ feature with MPEG-DASH compliant multi-level packaging.

4K Content Bundled with Ultra HD TVs
The DivX® 4K Content Delivery Solution enables consumer electronics manufacturers to bundle 4K content with their Ultra HD TVs as well as enabling studios and content producers to distribute premium 4K content to consumers.

To see how DivX is delivering a better video experience, visit us at IBC in Hall 5, stand C10. Learn more about solutions at www.divx.com/solutions.

About DivX, LLC
DivX, LLC is leading the way to better, more seamless consumer video experience by powering the professional creation, protected distribution and high-quality playback of highly efficient video to multiple devices and platforms. DivX, along with its subsidiary MainConcept, offers service providers, device manufacturers and integrators technologies that address the entire video supply chain with solutions for software applications, OTT content services and consumer electronics devices. Over 1 billion DivX enabled devices have shipped worldwide from major manufacturers and DivX consumer software products have been downloaded over 1 billion times. DivX is based in San Diego, CA, with offices across Europe and Asia. For more information on the company, visit www.divx.com/company.

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New DivX® OmniView™ Enables Broadcasters and Pay TV Operators to Securely Distribute High-Quality Multi-Screen OTT Video up to 4K

DivX Launches New Solution for Catch-Up TV, Live Streaming and Premium VOD for Broadcasters, Pay TV Operators, OTT Specialists and Platforms at IBC 2014

SAN DIEGO, CA, September 11, 2014—DivX, LLC, a leading provider of next-generation digital video solutions, today announced the launch of DivX® OmniView™, a suite of products for over-the-top video delivery that includes video encoding and packaging, Hollywood-approved DivX® DRM technology and secure players for multiple devices and platforms, including iOS, Android, Smart TVs and PCs. The company will demonstrate all elements of DivX OmniView at IBC 2014 from September 12-16 in Hall 5, stand C10.

The new solution enables broadcasters, pay TV operators, OTT specialists and platforms to deliver on the promise of “TV everywhere” by reaching multiple screens without sacrificing security or visual quality. DivX OmniView helps OTT services reduce operational costs and extend their service to lower bandwidth networks using industry-leading DivX® HEVC. In addition, the solution supports secure delivery of 4K content to Smart TVs and other devices.

DivX OmniView supports advanced streaming features that reduce buffering, improve quality of service and enable over-the-top services to differentiate from the competition. With support for live streaming across multiple screens using HEVC and MPEG-DASH, the new offering also helps video service providers extend their audience reach by tapping into the vast base of DivX Certified consumer electronics devices from major brands.

“DivX has always been about delivering a better video experience, and we see a real opportunity to leverage our industry-leading tools and technology along with our proven expertise building video ecosystems in order to improve the quality, efficiency and accessibility of multi-screen OTT video services,” said Dr. Kanaan Jemili, CEO of DivX, LLC. “DivX® OmniView™ is a flexible, easy-to-implement solution that can be integrated with any type of video service and supports virtually all business models, including electronic sell-through, rental, ad-supported delivery and subscription.”

To see how DivX OmniView in action and learn more about how DivX is delivering a better video experience, visit us at IBC in Hall 5, stand C10, or learn more at www.divx.com/solutions/multi-screen-video.

About DivX
DivX, LLC is leading the way to better, more seamless consumer video experience by powering the professional creation, protected distribution and high-quality playback of highly efficient video to multiple devices and platforms. DivX, along with its subsidiary MainConcept, offers service providers, device manufacturers and integrators technologies that address the entire video supply chain with solutions for software applications, OTT content services and consumer electronics devices. Over 1 billion DivX enabled devices have shipped worldwide from major manufacturers and DivX consumer software products have been downloaded over 1 billion times. DivX is based in San Diego, CA, with offices across Europe and Asia. For more information on the company, visit www.divx.com/solutions.

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DIVX PROVIDES 4K CONTENT BUNDLING SOLUTION FOR HOLLYWOOD MOVIES ON LG ULTRA HD TVS

LG First to Adopt DivX HEVC DRM and Player Technology to Provide Secure 4K Content with its Next-Generation TVs

SAN DIEGO, Calif., Sept. 11, 2014 — DivX, LLC, a leading provider of next-generation digital video solutions, and Ultra HD 4K TV leader LG Electronics announced that they will bundle premium Hollywood content in 4K resolution with selected new LG Ultra HD TVs using industry-leading DivX® DRM for Ultra HD content.

LG adopted the DivX DRM and secure player technology, part of the DivX® HEVC solution, based on its robust security, ease of integration and flexible use-cases. The Hollywood Studio content will be bundled on an external hard drive and DivX DRM will bind the files to the LG Ultra HD TV for a secure experience. In addition to bundling, DivX HEVC supports adaptive streaming and file-based playback of protected HD and Ultra HD/4K video.

“We want to show consumers who purchase our Ultra HD TVs the kind of amazing quality advancements that are possible with 4K technology and native 4K content, and the DivX® solution allows us to do just that,” said Dr. Nandhu Nandhakumar, senior vice president of LG Electronics. “DivX enables us to securely bundle high-quality 4K content with a robust DRM solution that is ideal for our next-generation 10-bit Ultra HD TVs.”

“We are excited to work with our longtime partner LG to help bring state-of-the-art 4K video to consumers,” said Dr. Kanaan Jemili, CEO of DivX, LLC. “LG has always been a market leader in adopting new technologies, and by choosing DivX HEVC and DRM solutions for their amazing Ultra HD TVs they are showing their commitment to extending that leadership position to the next-generation of consumer electronics devices.”

To date, over one billion DivX devices, including over 30,000 unique models, have shipped worldwide from multiple major consumer electronics brands. DivX recently received a 2014 Best Ultra HD Codec award from Ultra HDTV Magazine for its DivX 10 software and MainConcept HEVC SDK. DivX HEVC Ultra HD is the newest tier of content delivery solutions from DivX including encoding, multi-platform secure players, DRM and device certification for streaming and file based content.
Learn more about the DivX 4K Content Delivery Solution at www.divx.com/en/solutions/4K.

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About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing 82,000 people working in 119 locations around the world. With 2013 global sales of USD 53.10 billion (KRW 58.14 trillion), LG comprises five business units ― Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning & Energy Solution and Vehicle Components ― and is one of the world’s leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. LG Electronics is a 2014 ENERGY STAR Partner of the Year. For more news and information on LG Electronics, please visit www.LGnewsroom.com.

About LG Electronics USA
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $53 billion global force and technology leader in consumer electronics, home appliances and mobile communications. LG Electronics sells a range of stylish and innovative home entertainment products, mobile phones, home appliances, commercial displays, air conditioning systems and solar energy solutions in the United States, all under LG’s “Life’s Good” marketing theme. LG Electronics introduced the first Ultra HDTVs in the United States almost two years ago and its third-generation 2014 line-up is among the industry’s broadest and most advanced. For more information, please visit www.lg.com.

About DivX, LLC.
DivX, LLC is leading the way to better, more seamless consumer video experience by powering the professional creation, protected distribution and high-quality playback of highly efficient video to multiple devices and platforms. DivX, along with its subsidiary MainConcept, offers service providers, device manufacturers and integrators technologies that address the entire video supply chain with solutions for software applications, OTT content services and consumer electronics devices. Over 1 billion DivX enabled devices have shipped worldwide from major manufacturers and DivX consumer software products have been downloaded over 1 billion times. DivX is based in San Diego, Calif., with offices across Europe and Asia. For more information on the company, visit www.divx.com/solutions/company-about-us/

Media Contacts:

LG Electronics, Inc.

Juah Kim
+82 2 3777 3981
juah.kim@lge.com
www.LGnewsroom.com

LG Electronics USA

John I. Taylor
847-941-8181
John.taylor@lge.com

DivX Inc.
Tom Huntington
858-882-6413
tom.huntington@divx.com