Advanced Video Compression Technology from DivXNetworks to be Included in Future Easy CD & DVD Creator(TM) and VideoWave(R) Releases
SANTA CLARA, Calif., Dec. 9 — Roxio, Inc. (Nasdaq: ROXI), The Digital Media Company® and provider of the best selling digital media software in the world, announced today a licensing agreement with DivXNetworks, Inc. Under terms of the agreement, DivX® video compression technology will be integrated into Roxio’s line of best-selling burning and digital video software. Roxio products that will include DivX technology include follow on releases of Easy CD & DVD Creator(TM): The Digital Media Suite® and VideoWave®.
The addition of DivX technology will enable Roxio customers to more easily acquire, edit and create video content using one of the most popular video formats available. DivX video content can then be burned onto CD and played back on DivX Certified(TM) set top players or shared over the Internet. DivX technology efficiently compresses video content into a more manageable file size without sacrificing quality, allowing it to be more easily stored or shared. For example, an MPEG-2 video file, the format used for DVD-Video, can be compressed down to one tenth of its original size. VHS-quality video can be reduced to nearly one hundredth of its original size without losing frames, size or resolution. Using DivX video compression, Roxio applications will enable users to reduce digital video down to sizes small enough to be sent over the Internet, while maintaining excellent visual quality.
“Roxio strives to provide our customers with the broadest range of tools with which to be creative with their digital media,” said Vito Salvaggio, Roxio Vice President of Product Management. “DivX has earned a great reputation among video enthusiasts. By integrating DivX technology in our products, we’re making it easy for Roxio’s customers to create video projects in a popular, highly compressed format for viewing on their PCs, burning to CD or sharing via the Internet without compromising picture size or quality.”
“With over 100 million users worldwide, our technology is quickly becoming the standard in video compression,” said Kevin Hell, DivXNetworks’ Chief Marketing Officer and Managing Director. “Roxio’s leadership position in CD and DVD creation for the PC and the Macintosh gives us a great opportunity to reach a broad audience of digital media consumers with an easy-to-use multimedia application that takes advantage of the great performance and visual quality of DivX video.”
About Roxio: Roxio, Inc. provides the best selling digital media software in the world. Roxio makes award-winning software products for CD/DVD burning, photo editing and video editing. Roxio’s family of products includes category-leading products Easy CD & DVD Creator(TM), Digital Media Suite(TM), Easy CD Creator® (Windows) and Toast® (Macintosh) for CD/DVD burning, PhotoSuite® for digital photography, and VideoWave® for digital video. Roxio also owns Napster®. Roxio’s current installed base is in excess of 100 million users. Roxio distributes its products globally through strategic partnerships with major hardware manufacturers, in stores with the leading worldwide retailers, through Internet partnerships and also sells its products direct at . Headquartered in Santa Clara, California, Roxio also maintains offices in Minnesota, Canada, United Kingdom, Netherlands, and Japan. The company currently employs approximately 500 people worldwide. Roxio is a member of the S&P; SmallCap 600 and the Russell 2000 Index.
About DivXNetworks: DivXNetworks is a consumer-focused video technology company positioned at the center of multimedia convergence. The company’s core offering is the DivX (R) video codec, the popular video compression technology with over 100 million users worldwide. Often called “the MP3 of video,” the patent-pending DivX video technology offers DVD-quality at 10 times greater compression than MPEG-2 files, enabling full length films to easily fit on a CD or be delivered over broadband connections. DivX video technology powers a range of applications that span the convergence value chain, from a secure IP-based video-on-demand solution to next-generation consumer electronics products and video software applications. DivXNetworks is headquartered in San Diego, California, with satellite offices in Los Angeles and San Jose, CA, Taipei, Taiwan, and Dortmund, Germany. For more information, visit https://www.divxnetworks.com .
NOTE: All rights reserved. Roxio, the Roxio tagline, Easy CD & DVD Creator, The Digital Media Suite, Easy CD Creator, PhotoSuite, VideoWave, Toast and Napster are either trademarks or registered trademarks of Roxio, Inc. or its subsidiaries in the United States and/or other countries. DivX and DivX Certified are trademarks of DivXNetworks, Inc. All other trademarks used are owned by their respective owners.