fbpx

Samsung and DivX Announce Agreement to Add DivX Video Support to Leading Line of Digital Televisions

October 15, 2008

SAN DIEGO & SEOUL, South Korea–(BUSINESS WIRE)–DivX, Inc. (Nasdaq:DIVX) and Samsung Electronics Co., Ltd. today announced a multiyear agreement to add high-quality DivX® video playback to a number of Samsung digital television models. The DivX Certified Samsung devices are expected to be available in worldwide markets beginning in early 2009, and will be able to playback DivX media files directly via USB slots or via Ethernet connection certified by DLNA.

The new devices will join a range of existing DivX Certified products from Samsung, including DVD players, mobile phones and more. DivX is a high-quality digital video technology that allows consumers to create and watch content on the PC, living room and on the go. Over 100 million DivX Certified® devices have already shipped worldwide from major manufacturers, including DVD players, mobile phones and gaming consoles.

“As an innovator in the consumer electronics space, Samsung has already embraced DivX functionality in a wide variety of products and we’re pleased to extend our already strong relationship to the digital television category,” said Kevin Hell, CEO of DivX, Inc. “DivX Certified digital televisions enable consumers to easily enjoy the high-quality content they create or discover on the PC in a true home theatre environment.”

“We are dedicated to providing the most compelling media experience through Samsung TV and AV devices. The addition of DivX support to our line of digital televisions will significantly enhance the consumer experience,” said Kyungshik Lee, Vice President of Visual Display Division at Samsung Electronics.

Products that bear the DivX Certified® logo have undergone a rigorous testing program to ensure a high-quality DivX media experience.

About DivX

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 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 Samsung Electronics

Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2007 consolidated sales of US$103.4 billion. Employing approximately 150,000 people in 134 offices in 62 countries, the company consists of four main business units: Digital Media Business, LCD Business, Semiconductor Business, and Telecommunication Business. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.

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; risks regarding 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 on August 8, 2008. 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.

Send me the DivX Newsletter!

Get exclusive updates, deals, tips and more.

<img src="/wp-content/uploads/2018/08/divx_logo.png" />
© 2024 DivX, LLC. All rights reserved. DivX® and associated logos are trademarks of DivX, LLC or its affiliates.