SAN DIEGO & SEOUL, Korea, Apr 09, 2007 (BUSINESS WIRE) — DivX, Inc. (NASDAQ:DIVX) today announced the DivX Certification of the Samsung Ultra Video (SGH-F500) mobile phone, a revolutionary phone that features an unrivaled design and brings a superior range of multimedia experiences to consumers including high quality DivX(R) video playback. The F500 is the first mobile phone to achieve DivX Certification to ensure true interoperability between the device and the over 70 million DivX Certified consumer electronics devices in the world today.
A member of Samsung’s highly popular Ultra Edition line of handsets, the F500 offers users the latest in video features with a large LCD that has a unique swivel design so video content can be watched optimally. In any viewing situation, the F500 offers unparalleled access to high quality DivX movies on the go, either from the user’s own collection, from DivX’s own Stage 6 video website, or through other mobile content services.
“The addition of DivX Certification to the Samsung F500 mobile handset opens a broad ecosystem of digital media that can be taken on the road while preserving the kind of high-quality experience that video aficionados demand,” said Kevin Hell, President of DivX, Inc. “DivX is working to build a common digital media language that offers real interoperability across devices and platforms, and innovative devices like the Samsung Ultra F500 phone are an important piece of that ecosystem.”
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 Samsung Ultra Video F500 phone will be available later in 2007. Learn more about DivX Certification at www.divx.com/company.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2006 parent company sales of US$63.4 billion and net income of US$8.5 billion. Employing approximately 138,000 people in over 124 offices in 56 countries, the company consists of five main business units: Digital Media Business, LCD Business, Semiconductor Business, Telecommunication Network Business and Digital Appliance 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 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 200 million times since January 2003, including over 60 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 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; DivX’s ability to penetrate existing and new markets; 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 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.