MEDIA RELEASE PR35968
Samsung Introduces its First DivX Certified(R) MP3 Player at IFA 2009
SAN DIEGO and SEOUL, Sept. 3 /PRNewswire-AsiaNet/ --
Newest Samsung MP3 player allows consumers to view high-quality
DivX(R) videos while on the go
DivX, Inc. (Nasdaq: DIVX), a digital media company, and Samsung
Electronics Co., LTD, a leading mobile provider, today announced the launch
of Samsung's first DivX Certified(R) MP3 player, the R1, the newest edition
to Samsung's BEAT line of portable media players. Now available in Russia and
Europe, the R1 is designed to playback high-quality DivX(R) video.
DivX technology produces highly compressed video suitable for mobile
platforms that require minimal storage for the highest quality experience
possible. Consumers can playback any DivX video stored in the device's
internal memory. The slimmest player in the Samsung BEAT line, the R1's
2.6-inch screen display is available with 8 or 16 GB of storage space, making
it ideal for consumers on the move.
"We have long recognized the value of DivX technology and have
incorporated it into many of our CE devices for the home, including digital
TVs, Blu-ray and DVD players," said Jooho Song, Vice President at Samsung
Electronics. "By obtaining DivX Certification of our latest multimedia
player, we're giving our customers the freedom to enjoy their DivX video
libraries when they're on the go."
"With DivX technology, the Samsung R1 packs an amazing amount of
high-quality video into an incredibly small package that consumers can take
with them everywhere they go," said Eric Rodli, Executive Vice President,
Licensing at DivX. "We're pleased to expand our relationship with Samsung and
look forward to making the R1 the first of many DivX Certified portable media
players from this market leader."
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.
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 200 million DivX 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$105 billion. Employing approximately 150,000
people in 134 offices in 62 countries, the company consists of two main
business units: Digital Media & Communications and Device Solutions.
Recognized as one of the fastest growing global brands, Samsung Electronics
is a leading producer of digital TVs, memory chips, mobile phones and
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; the risk of
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. 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.
SOURCE: DivX, Inc.
CONTACT: Media, Jennifer Baumgartner,
+1-503-901-5371,
jbaumgartner@divxcorp.com;
or Investors, Karen Fisher,
+1-858-882-6415,
kfisher@divxcorp.com,
both of DivX, Inc.
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