Film Fresh Offers High-Quality Independent and Foreign Films in DivX Format; Compatible with Millions of Consumer Electronics Devices
SAN DIEGO & LOS ANGELES–(BUSINESS WIRE)–DivX, Inc. (NASDAQ:DIVX) and Film Fresh today announced a partnership to offer an online video-on-demand service on FilmFresh.com. The new service allows users to rent or purchase films in the high-quality DivX® media format and view that content on any of the millions of DivX Certified consumer electronics devices from major manufacturers.
Film Fresh was created to foster the distribution of great works of global cinema, including smaller U.S.-based independent films often overlooked by major studios. With a large international DVD collection for sale, along with a number of tools for community interaction, the Film Fresh website gives users the opportunity to discover interesting content, and now also expands viewing flexibility by providing the option to rent or buy films in DivX.
Partnering with DivX gives Film Fresh customers instant access to exceptional content from around the world, formatted in the DivX media format for faster download and high quality, said Rick Bolton, Founder of Film Fresh. We’re particularly excited that DivX allows users to transfer the films they download to DivX-enabled DVD players, personal media players, mobile phones, in-car players and other media devices.
Were thrilled to work with Film Fresh to increase exposure to innovative international films valued by audiences who share our passion for meaningful content, said Darrius Thompson, Co-Founder, Senior Vice President of Strategy and New Business at DivX, Inc. The alignment of vision for providing the tools to access great works of cinema will impact the transformation of content, leading to a better media future that is open, connected and pure digital.
Users can take DivX content from the PC for playback on one of 90 million DivX Certified consumer electronics devices from leading brands worldwide. 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.
To experience the full value of the DivX ecosystem, download the DivX Player from www.divx.com/divx and choose a film to rent or buy from the Film Fresh collection at www.filmfresh.com. Register your DivX Certified player (for instructions, see vod.divx.com/howitworks.php) to transfer your downloaded DivX videos to the living room via disc, USB or your home network.
Users may also browse video trailers on the Film Fresh channel on DivX Stage6 (www.stage6.com/Film-Fresh), an online community for people who love video. To start downloading films, visit www.filmfresh.com.
About Film Fresh
Film Fresh collects great contemporary films from around the world and makes them available to film lovers throughout North America at FilmFresh.com. On its Web site, viewers can read about and discover new films, exchange ideas, and purchase films for home delivery on DVD and via download. The company, founded in 2006, is headquarters in Los Angeles, CA.
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 220 million times since January 2003, including over 70 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 DivXs visibility within the investment community. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause DivXs 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 Companys activities may not result in the growth of profitable revenue, risks and uncertainties related to the maintenance and strength of the DivX brand; DivXs ability to penetrate existing and new markets; the effects of competition; DivXs dependence on its licensees and partners; the effect of intellectual property rights claims; and other factors discussed in the “Risk Factors” section of DivXs 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.