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DivX Announces Panasonic Blu-ray Chip Now Certified for DivX Plus(TM) HD Playback

May 24, 2010

05/24/2010 | 08:05am EST
SAN DIEGO, May 24 /PRNewswire-FirstCall/ — DivX, Inc. (Nasdaq: DIVX), a leading digital media company, today announced the DivX Plus(TM) HD Certification of the latest System LSI (Model: MN2WS0141DFF) in the UniPhier® series from Panasonic Corporation. This chip is designed to enable Blu-ray players to play everything from personal to Internet content in the DivX® format, as well as guarantee compatibility with H.264/MKV DivX Plus HD files.

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, the newly released 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.

“DivX Plus HD Certification has been adopted by leading IC providers such as Panasonic, paving the way for strong DivX Plus HD support in 2010 and 2011 Blu-ray products,” said Kevin Hell, Chief Executive Officer at DivX. “Panasonic’s adoption of DivX Plus HD technology makes it possible for consumers to watch their entire collection of video files, including MKV, in the living room and beyond.”

“The DivX Certified UniPhier® System LSI enables the playback of DivX Plus(TM) HD on Blu-ray players, which is the most significant advantage of next generation Blu-ray devices,” said Yasuhiro Nakakura, Director, Consumer Electronics System LSI Business Unit, Semiconductor Company, Panasonic Corporation. “Since we began partnering with DivX in the semiconductor domain in 2005, we have developed DivX Certified ICs that set manufacturers have incorporated into a wide range of successful CE devices.”

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.

For more information about DivX video, visit www.divx.com.

UniPhier is a registered trademark of Panasonic Corporation.

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.

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; the risk of DivX’s dependence on its licensees and partners; risks related to the effect of intellectual property rights claims; 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.

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