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DivX, Inc. Announces CFO Transition

April 24, 2007

CFO John Tanner will remain with the Company during transition

San Diego, CA — April 24, 2007 — DivX, Inc. (NASDAQ: DIVX) today announced that chief financial officer John Tanner will be leaving the Company at the end of May for personal reasons. Mr. Tanner has agreed to remain with the Company in a consulting role beyond the end of May if necessary during the search process and to help with the transition.
Jordan Greenhall, co-founder and CEO of DivX, Inc, said, “John has been an important contributor to DivX ever since he joined the Company in late 2004. He has helped guide our strong revenue growth and profitability, providing the critical financial counsel and structure that resulted in our successful initial public offering last Fall. We have started the search for John’s replacement, and I am pleased that he will be staying with the Company to help with this transition.”

John Tanner added, “While I will be sorry to leave DivX, this Company has provided me with great many very positive experiences and good friends, and I am extremely proud of the successes we have shared. It is important that I communicate clearly that I am leaving the Company purely for personal reasons, and that I continue to believe strongly in the DivX vision of creating a better digital media future.”

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 since January 2003, 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 annual report on Form 10-K filed with the SEC on March 29, 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.

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