Multi-Year Agreement Expands Relationship with Samsung
SAN DIEGO & SEOUL, Korea–(BUSINESS WIRE)–DivX, Inc. (NASDAQ:DIVX), a digital media company, today announced certification of the Samsung Omnia (model: SGH-i900), the newest handset in a growing series of DivX Certified® mobile products by Samsung Electronics Co., LTD.
DivX and Samsung recently entered into a multi-year agreement to include DivX encode and decode capabilities into Samsungs future mobile phones, signaling the companys leading edge in the competitive mobile market.
The Samsung Omnia is the first Windows Mobile-based DivX Certified phone on the market and the fourth Samsung mobile to achieve DivX Certification. It features 8GB/16GB of internal memory with a micro SD slot, allowing users to keep a media library on the device, and easily enjoy their video on a large 3.2-inch touch screen. It also features a TV-Out feature to play back content from the phone directly on the television screen. This powerful experience and a portable library gives users the choice of how and where to watch their video. DivX technology enables a high-quality media experience in which video content can be seamlessly transferred from the PC to the mobile environment and beyond.
“By including DivX video decoding in the Omnia, we’re giving our users the high-quality technology they would expect from a mobile phone with an advanced feature set,” said Younghee Lee, Vice President of Marketing for Samsung’s Telecommunication Business. “Samsung will continue to provide a flexible, enjoyable multimedia experience to our consumers with DivX on our mobile devices. It was of strategic importance to continue our relationship with DivX, for value added not only in the Omnia, but throughout the Samsung mobile line.”
“As the availability and creation of video content explodes, being able to take videos from the PC on-the-go and from the mobile to the living room is of increasing importance to consumers,” said Kevin Hell, CEO at DivX, Inc. “Samsung has recognized that DivX allows users to do more with their media, and were pleased that Samsung has continued to expand DivX certification to their mobile devices.”
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.
The DivX Certified Omnia launches in South East Asia mid June and will be available in European countries shortly thereafter. For more information on Samsung Mobile, visit www.samsungmobile.com. For more information on DivX, visit www.divx.com.
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.
About DivX, Inc.
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 environmentthe 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.
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 Companys 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; 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 most recent report filed with the Securities and Exchange Commission on May 9, 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.