Cabot Integrates DivX(R) Technology into Silicon Designs and Media Player Application to power Set Top Boxes, DVRs and HD Televisions with high-quality content
SAN DIEGO and BRISTOL, England, Jan. 8 /PRNewswire-FirstCall/ — DivX, Inc. (Nasdaq: DIVX), a digital media company, today announced an agreement with Cabot Communications, the specialist digital TV software supplier. The agreement will enable Cabot technology partners to include DivX(R) support on a variety of silicon platforms powering home consumer products including HDTVs, DVRs and Set Top Boxes (STBs). Cabot will also be able to add DivX support to their media player application, Media Browser, for networked TV sets and STBs.
The agreement with Cabot, which incorporates DivX technology at the most fundamental level of IC production, will allow devices using these chips to provide seamless playback of high-quality DivX video. IC products utilizing Cabot’s DivX implementation will be optimized for maximum performance to increase video decoding speed.
“Cabot is delighted to be working with DivX to offer manufacturers a solution for high-quality video playback on a wide range of digital TV devices,” commented Bob Lamb, Managing Director of Cabot Communications. “There is increasing demand for seamless media playback of premium content downloaded from the Internet and DivX technology perfectly complements our continually expanding range of IP-based solutions.”
Patrice Lagrange, Senior Vice President, Products, DivX, Inc., added, “As consumers continue to adopt the DivX format as a means to enjoy high-quality video, it is important for chip manufacturers to implement solutions that offer DivX support as a standard component within consumer electronics. By incorporating DivX technology into Cabot’s middleware, this agreement allows us to connect with major IC providers in the DTV environment and continues our expansion into emerging consumer electronics product categories.”
For more information on DivX technology and product offerings, visit www.divx.com
About DivX, Inc.
DivX, Inc. is a 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 100 million DivX Certified(R) devices have shipped into the market 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.
About Cabot Communications
Cabot Communications is a market leader in providing tailored DVB middleware solutions for the digital TV industry. Cabot software and services are designed to deliver competitive advantage to digital device manufacturers by providing ‘total’ solutions which are tailored to meet specific needs, according to market and cost criteria. Cabot’s solutions are formulated for the global DVB marketplace and easily overcome the problems presented by divergent standards, regulations and broadcast systems. With support for every digital transmission network, Cabot solutions minimize product development lifecycles and speed up time to market.
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.