SAN DIEGO and Tokyo– April 5, 2010 – DivX, Inc. (NASDAQ:DIVX), a leading digital media company, today announced a new partnership with Sharp Corporation to enable high-quality DivX video on digital TVs. Consumers who purchase the newly DivX Certified AQUOS LE820 TV line will be able to enjoy DivX HD 1080p videos in the DivX format using the TV’s USB slot.
The LE820 series features Sharp’s proprietary four primary color technology for more sparkling golds, Caribbean blues and sunflower yellows. The new AQUOS LEDs offer a stunning new contemporary design that pushes the envelope for flat-screen television artistry. At only 1.6-inches thin, the full-front panel glass extends to meet the slim border for a subtle edge that befits the elegance of a modern home theater.
Now available in Europe, the LE820 will enable consumers to easily playback DivX videos up to 1080p HD from the PC or the Internet through the USB slot. Typical HD video requires a considerable amount of digital storage space, but DivX HD video provides a superior media experience by maintaining the highest visual quality while significantly reducing the video file size. Using DivX technology, users can fit approximately two hours of high-quality DivX HD video on an 8GB USB thumb drive.
"Sharp is highly regarded for providing innovative and stylish TVs,” said Kevin Hell, Chief Executive Officer, DivX, Inc. “We are excited to grow our relationship with them and take consumers’ viewing experiences to a whole new level. As a key feature in Sharp’s new line of LED LCD TVs, DivX technology offers consumers an easy way to play their high definition DivX videos from a USB thumb drive.”
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 high-quality users expect from DivX.
For more information about DivX, visit www.divx.com.
About DivX:
DivX, Inc. is a leading 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 250 million DivX devices have shipped into the market worldwide 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 and the availability of certain DivX enabled products to consumers. 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; the risk of DivX's dependence on its licensees and partners; risks related to the effect of intellectual property rights claims; risks related to DivX's partners' ability to make certain products available to consumers on specified timelines, or at all; and other factors discussed in the "Risk Factors" section of DivX's most recent report filed with the Securities and Exchange Commission. 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.
