DivX, Inc. Announces Pricing of Initial Public Offering

SAN DIEGO, Calif.- September 22, 2006- DivX, Inc. today announced the pricing of its initial public offering of 9,100,000 shares of common stock at a price to the public of $16.00 per share. 7,461,538 shares are being offered by DivX and 1,638,462 shares are being offered by certain of its stockholders. In addition, the selling stockholders have granted to the underwriters a 30-day option to purchase up to an additional 1,365,000 shares of common stock to cover over-allotments, if any. DivX’s common stock will be listed on The Nasdaq Global Market under the symbol DIVX.
The offering is being made through an underwriting syndicate led by J.P. Morgan Securities Inc. acting as sole book-running manager. Banc of America Securities LLC, Cowen and Company, LLC, Canaccord Adams Inc. and Montgomery & Co., LLC are acting as co-managers.

A registration statement relating to these securities was declared effective on September 21, 2006. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering of these securities is being made only by means of a written prospectus, copies of which may be obtained by contacting the prospectus department at J.P. Morgan Securities Inc., 4 Chase Metrotech Center, Brooklyn, NY 11245, (718) 242-8002.

About DivX

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 180 million times in the last four years, including over 50 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. We distribute this software from our website, DivX.com, which was visited on average by over five million unique visitors per month during the second quarter of 2006. We also license our technologies to consumer hardware device manufacturers and certify their products to ensure the interoperable support of DivX-encoded content. Over 46 million DivX Certified hardware devices have been shipped worldwide, including over 10 million devices reported to us by our customers during the second quarter of 2006. In addition to technology licensing to consumer hardware device manufacturers, we currently generate revenue from software licensing, advertising and content distribution.

Investor Contact: IR@divx.com