Stage6 gives organizations a platform to promote their causes globally
San Diego, CA–February 16, 2007– DivX, Inc. (NASDAQ: DIVX) and 8 Wishes, a project that raises awareness and funds for children with dyslexia and learning differences, today announced a partnership to host an 8 Wishes video channel online at DivX® Stage6 (www.stage6.com/8_wishes).
In 2004, Paul Sanchez set off on a 10,000 mile bike ride around the United States on a mission to meet and make a difference for children with learning differences, a term he uses to express challenge rather than disability. His journey is the foundation for his future documentary, Solo Ride, which will raise funds to support his cause. As a precursor to his film, Paul made 8 wishes, including raising $1 million dollars and generating 100 million views of his “10,000 Miles and 8 Wishes” video.
The new Stage6 channel aims to fulfill his second wish by giving Paul’s video a platform to raise awareness about dyslexia and other learning differences among an engaged community of viewers worldwide. To help with the first wish, DivX will donate money each time someone watches the “10,000 Miles and 8 Wishes” video on Stage6.
Bloggers can help boost the number of views by linking to the video on Stage6 from their blogs. As an incentive, DivX will give each person who links to it a free copy of DivX Pro software (a US $19.99 value). See the Stage6 channel for details.
“8 Wishes was created to give hope and support to children who are chasing their dreams despite their learning differences,” said Sanchez. “My dyslexia set me back for so many years, but my viral videos give me the opportunity to make an impact nationally. With a video channel on Stage6, I can deliver high-quality, downloadable video to spread my message and create awareness of our cause.” “Paul perfectly embodies the type of content creator Stage6 strives to serve–someone who is passionate about his or her cause and who creates meaningful content intended to make a difference,” said Darrius Thompson, CXO, Community and Internet, DivX, Inc. “Stage6 gives creators like Paul a platform upon which to build a sincere content brand and leverage the power of the Internet to reach a global audience.”
While Stage6 offers a high-quality online viewing experience, 8 Wishes supporters can also take their videos beyond the PC to play on a range of compatible DivX Certified® DVD players, portable media players, in-car DVD players and other devices.
Devices that bear the DivX Certified logo have undergone rigorous testing to ensure interoperability, dependability and reliable video playback. To date, DivX partners Philips, Sony, Toshiba and other leading consumer electronics brands have shipped more than 70 million DivX Certified products worldwide.
Add your support to the cause by watching the 8 Wishes episodes in high-quality DivX video at www.stage6.com/8_wishes.
About 8 Wishes
In 2004, Paul Sanchez set out on a 10,000 mile bike ride around the perimeter of the United States to make a difference in the lives of children with dyslexia and learning differences. During his trip, he got to meet 13 children from around the country who are chasing their dreams despite their learning differences, and he wants every child to have the same opportunity. A personal sufferer from dyslexia and ADD, Paul created 8 Wishes to raise awareness and funds through social media and the Internet, a prologue to his documentary, “Solo Ride.” Each wish serves a specific purpose toward creating the documentary and reaching his goal of giving hope and support to these children. For more information on 8 Wishes please visit www.8wishes.com.
About DivX, Inc.
DivX creates products and services designed to improve the experience of media. Our first product offering was a video compression-decompression software library, or codec, which has been actively sought out and downloaded over 200 million times in the last four years, including over 60 million times during the last twelve months. We have since built on the success of our codec with other consumer software, including the DivX Player application, which is distributed from our website, www.divx.com. We also license our technologies to consumer hardware device manufacturers and certify their products to ensure the interoperable support of DivX-encoded content. In addition to technology licensing to consumer hardware device manufacturers, we currently generate revenue from software licensing, advertising and content distribution.
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; DivX’s ability to penetrate existing and new markets; 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 13, 2006. 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.