Leading Video Compression Technology Will Enable Snazzi* Users to Convert Home Movies to High-Quality DivX Videos for Viewing on Home Theatre Systems
San Diego, CA and Singapore—March 11, 2004—DivXNetworks, Inc., the company that created the revolutionary, patent-pending DivX® video compression technology, and V One Multimedia, a provider of easy-to-use digital video editing solutions, today announced a partnership to enable consumers to easily create high-quality DivX videos from digital camcorders and other source material.
Under the technology and marketing agreement, V One has licensed DivX video software for use in its Snazzi* DV.AVIO video editing solution, an internal analog video & audio (AV) and digital video (DV) I/O card for the PC. V One plans to work with DivXNetworks to integrate DivX software into its SnaZio* range of TV Tuner products, namely SnaZio* Pocket PVR & SnaZio* TVPVR. The two companies will promote these DivX Licensed products on DivX.com, the hub of the global DivX community which receives over 8 million visitors per month.
DivX, often called the “MP3 of video,” offers excellent compression ratios and unparalleled visual quality and is among the world’s most popular video technologies with over 100 million users. The Snazzi* DV.AVIO video editing solution (which available in EVO Edition & Premiere Pro Edition) enables consumers to capture DV content from personal camcorders and use the DivX software encoder to create high-quality, highly compressed DivX files. The resulting DivX videos can then easily be distributed online or burned to standard data CDs for viewing on a wide variety of DivX Certified consumer electronics devices. The SnaZio* range of TV Tuner products enable users to capture their favorite TV programs and encode them to high-quality DivX files for distribution & viewing.
“The Snazzi* product is a good solution for users who want to turn their home movies into high-quality videos that are small enough to send to friends and family online or burn to a standard data CD,” said Kevin Hell, chief marketing officer and managing director at DivXNetworks, Inc. “We will continue to work with partners to create solutions that let our users easily convert video content into DivX files that can be played back on the millions of DivX Certified DVD players slated to hit retail shelves this year.”
“The addition of DivX video to our Snazzi* and SnaZio* product provides our users with the ability to create great-looking videos in one of the most popular video formats in the world,” said T.S. Tan, founder and CEO of V One Multimedia. “We are excited to work with DivXNetworks to market these DivX licensed products to the millions of digital video enthusiasts around the world who visit DivX.com.”
For more information on licensing DivX software, write to licensing@divxnetworks.com. To learn more about V One Multimedia and its range of DivX Licensed products, visit www.vonemm.com or visit the V One Multimedia booth at the upcoming CeBIT show at Singapore Pavilion, Hall 2, Booth 02.
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 ® video codec, among the world’s most popular video compression technologies 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.
About V One Multimedia
V One Multimedia, founded in 1997, develops and markets affordable, easy-to-use personal and prosumer digital video computing and peripheral products for mainstream users. The company has over 7 years of experience in educating consumers in home video authoring to VCD, SVCD and DVD disks. V One Multimedia’s products allow consumers to capture, edit and share digital video and photos with high-quality results. V One Multimedia’s family of innovative products includes those under the branding of Snazzi*, SnaZio* and SnaVio*. The company is headquartered in Singapore and with regional sales offices in the US, UK, Germany, China, Hong Kong, Taiwan, Japan, Australia, India & Pakistan. For more information, visit www.vonemm.com or www.snazzi.com.