Aricent to provide support for DivX video technology on various mobile platforms
BERLIN, Aug 31, 2007 (BUSINESS WIRE) — DivX, Inc. (NASDAQ:DIVX) and Aricent, the full-service, full-spectrum communications software company, today announced a partnership for porting and optimizing DivX video products onto various mobile platforms for device manufacturers worldwide. This partnership will ultimately enable consumers to view high-quality DivX videos from the PC or the Internet on a wide variety of mobile devices.
Aricent, one of the world’s leading communications software companies, designs, develops and delivers multimedia applications and technologies for mobile phone OEMs including Motorola, Samsung and LG. DivX is a digital media company that has created an interoperable platform for consumers to enjoy high-quality video content on any device. Over 100 million certified devices from major consumer electronics manufacturers currently support DivX technology, including DVD players, digital still cameras and a wide variety of portable products. By offering a DivX technology solution to mobile handset manufacturers, Aricent will allow its clients’ mobile products to support the high-quality playback of DivX video files.
“By focusing exclusively on communications software, Aricent strives to provide the greatest depth and breadth of services and products to meet our clients’ needs,” said Deepak Mehrotra, Vice President, Mobile Terminals, Aricent. “We are excited to be working with DivX to provide a solution for seamless mobilization of high-quality video content across multiple interoperable consumer electronic device platforms.”
“Working closely with Aricent allows us to extend our value deep into the product development process to guarantee seamless integration of the DivX media solution into our partners products and services,” said Patrice Lagrange, Vice President and Group Business Manager, Media Languages, DivX, Inc. “This partnership allows consumers to extend their media experience beyond the PC and the living room to a wide-range of devices for video content on-the-go.”
Products that bear the DivX Certified® logo have undergone a rigorous testing program to ensure a high-quality DivX media experience, including reliable video creation and playback, interoperability with other DivX Certified devices and the visual quality users expect from DivX. To learn more about the DivX Certification Program, please visit www.divx.com.
About Aricent
With corporate offices in Palo Alto, California, Aricent is a full-service, full-spectrum communications software company. Aricent offers software services and products that enable the world’s leading communications equipment manufacturers, device manufacturers and service providers to improve time-to-revenue and maximize efficiency. Owned by Kohlberg Kravis Roberts & Co., Sequoia Capital and Flextronics International Ltd., Aricent has more than 350 clients worldwide, including Airtel, Alcatel-Lucent, Cisco, Ericsson, Inmarsat, Juniper, Motorola, NEC, Nokia, Samsung, Sony Ericsson, Texas Instruments, Virgin Mobile and Vodafone. For more information, visit www.aricent.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 240 million times since January 2003, including over 80 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; 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 August 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.