- Created on 28 May 2009
New Toshiba REGZA series brings high-quality DivX video to U.S. and Europe
DivX, Inc (NASDAQ: DIVX), a digital media company, today announced the first line of DivX Certified® HDTVs from Toshiba. The striking new Toshiba REGZA XV, ZV and SV LCD HDTV series enhances consumers' viewing experience with support for high-quality DivX® video.
Available now in the United States and in Europe this summer, the REGZA LCD HDTVs deliver brilliantly sharp imagery and support next-generation home network connectivity. Leveraging unique features such as Resolution+ technology, these new HDTVs enable the consumer to up-convert DivX video files to full 1080p high definition while preserving the outstanding visual quality that Toshiba builds into its consumer electronic products.
DivX technology allows movies to be compressed to a fraction of their original size, while maintaining excellent visual quality. Users can fit over six hours of high-quality DivX video on a 4GB USB. With support for DivX video, consumers can easily playback their DivX content via the USB flash drive directly on the REGZA TV.
"We have worked with DivX in the past for a range of Toshiba products, including portable DVD players and LCD TV/DVD combo to support DivX playback," said Masayuki Ito, Senior Manager of the TV Product Planning Group, TV Division, in Toshiba's Digital Media Network Company. "Now that our new line of HDTVs is DivX Certified, we can increase the value we add for consumers so they can enjoy high-quality DivX video playback in the living room."
"DivX has long been a checklist feature in leading consumer electronics products, and it's clear that we've evolved to become a must-have feature in HDTVs," said Kevin Hell, Chief Executive Officer of DivX, Inc. "We are pleased to work with Toshiba to expand our ecosystem with the new series of Toshiba REGZA TVs soon to be available throughout the U.S. and Europe"
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 video, visit www.divx.com.
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 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.
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.