SAN DIEGO and BERLIN, Sept. 2 /PRNewswire/ — DivX, Inc. (Nasdaq: DIVX), a leading digital media company connecting people and entertainment, and Yamaha, an international leader in audio and video products, today announced at the IFA trade show the worldwide launch of Yamaha DivX Plus(TM) HD Certified Blu-ray players. These new 3D-ready players bring the best in visual quality and full-featured media capabilities, enabling stunning playback of full 1080p DivX Plus HD video using the MKV container.
Yamaha’s new line of Blu-ray players are 3D-ready and feature universal playback (BD, SA-CD, DVD-Audio/Video, CD). The BD-S1067 will be available in Europe to start, and Yamaha plans to launch additional DivX HD Certified Blu-ray player models in North America, Oceania and other areas in the future.
With DivX Plus HD technology, these Blu-ray devices will empower consumers to enjoy their personal and Internet video collections in the DivX format directly on their TVs. DivX makes it simple to load and playback digital videos up to 1080p and Hollywood movies in DivX.
DivX Plus HD Certification is the premium level of certification available from DivX, optimized for consumer electronics products and supports the playback of all content created with DivX software. Available on www.divx.com, DivX Plus Software allows users to create and playback H.264 video in an .mkv file container. DivX Plus HD Certified devices will playback all previous versions of DivX video and DivX Plus HD video files with the .mkv file extension and AAC audio created with third-party tools.
Known for great performance, visual quality and interoperability on any DivX Certified® device, DivX provides consumers with a comprehensive digital media solution supporting the majority of high-quality Internet video on their TVs or other consumer electronics devices. In addition, DivX also supports the secure playback of major Hollywood titles from major studios, and many online movie download sites now distribute Hollywood content in the DivX format worldwide.
“We are pleased to partner with an industry leader such as Yamaha to add DivX Plus HD Certification to their new global Blu-ray line,” said Matt Milne, Executive Vice President, Sales and Marketing, DivX, Inc. “OEMs recognize the value of DivX Plus HD Certification as a way to take HD video to the next level at home or on the go.”
“At Yamaha we are known for our unique heritage of artisanship and technological know-how, and our partnership with DivX to enhance our video playback capabilities reflects that commitment to excellence,” said Shuichi Esaki, AV Technology Development Department Manager, Yamaha. “With DivX Plus HD support for MKV video playback, our new players will transform how consumers enjoy HD movies and Internet video.”
For more information about DivX, visit www.divx.com
For more information about Yamaha, visit www.global.yamaha.com/about/index.html
About DivX
DivX, Inc. is a leading 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 300 million DivX devices have shipped into the market worldwide 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.
On June 2, 2010, DivX, Inc. and Sonic Solutions announced a proposed merger transaction. Sonic Solutions has filed with the Securities and Exchange Commission (the “SEC”) a registration statement on Form S-4 containing a preliminary joint proxy statement/prospectus in connection with the proposed merger and both companies intend to mail a definitive joint proxy statement/prospectus and other relevant documents to Sonic and DivX shareholders following such time that the registration statement is declared effective by the SEC.
About YAMAHA CORPORATION
Yamaha, founded in 1887, is one of the world’s leading manufacturers of comprehensive music instruments. Yamaha has grown through developing a broad spectrum of businesses, including audio and video products, electronic devices and information technology products. In the audio and video products business fields, based on years of know-how in construction acoustics, semiconductor technology, and acoustic design, Yamaha offers digital home theater systems that fully exploit Yamaha’s original digital sound field processing (DSP) technology. Yamaha is headquartered in Hamamatsu City, Shizuoka, Japan, and its group now has 93 sales and production subsidiaries.
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 and the availability of certain DivX enabled products to consumers. 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; the risk of DivX’s dependence on its licensees and partners; risks related to the effect of intellectual property rights claims; risks related to DivX’s partners’ ability to make certain products available to consumers on specified timelines, or at all; and other factors discussed in the “Risk Factors” section of DivX’s most recent report filed with the Securities and Exchange Commission. 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.
Additional Information
This press release is not a solicitation of a proxy, an offer to purchase, nor a solicitation of an offer to sell shares of Sonic Solutions, and it is not a substitute for any proxy statement or other filings that may be made with the SEC with respect to the merger. In connection with the proposed merger, Sonic Solutions has filed a registration statement on Form S-4 containing a joint proxy statement/prospectus of Sonic Solutions and DivX. Investors and security holders are urged to carefully read the Registration Statement on Form S-4 and related joint proxy statement/prospectus and other documents filed with the SEC by Sonic Solutions and DivX, because they contain important information about Sonic Solutions, DivX and the proposed transaction, including with respect to risks and uncertainties that could delay or prevent the completion of the transaction. Such documents are available free of charge at the SEC website (www.sec.gov), from Sonic Solutions and its corporate website (www.sonic.com) or from DivX and its corporate website (www.divx.com).
Sonic Solutions, DivX and their respective directors, executive officers and other members of their management may be deemed to be soliciting proxies from shareholders of Sonic Solutions or DivX in favor of the merger. Investors and stockholders may obtain more detailed information regarding the direct and indirect interests in the merger of persons who may, under the rules of the SEC, be considered participants in the solicitation of these shareholders in connection with the merger by reading the joint proxy statement/prospectus described above. Additional information about the directors and executive officers of Sonic Solutions may be found in its definitive proxy statement filed with the SEC on October 1, 2009. Additional information about the directors and executive officers of DivX may be found in its definitive proxy statement filed with the SEC on April 20, 2010. Such documents are available free of charge at the SEC website (www.sec.gov), from Sonic Solutions and its corporate website (www.sonic.com) or from DivX and its corporate website (www.divx.com).