- Created on 11 June 2009
Panasonic DMP-B15 allows consumers to enjoy high quality DivX® video anywhere
San Diego, CA and Tokyo, Japan - June 11 2009 - DivX, Inc. (NASDAQ:DIVX), a digital media company, and Panasonic Corporation today announced the launch of the world's first DivX Certified® portable Blu-ray Disc player. Available now in the United States, Canada, France and Australia, and soon in the rest of the world, the portable Panasonic DMP-B15 joins Panasonic's growing list of DivX Certified stand alone Blu-ray players, enabling consumers to enjoy DivX videos when they are at home or on the go.
The DMP-B15 incorporates the DivX Certified LSI "UniPhier®" integrated multimedia chip platform for high-quality DivX video playback and possesses all the functionality of Panasonic's stand alone Blu-ray players, including extensive visual, audio and network features. Its portability is enhanced by DivX compression technology which enables over six hours of high-quality DivX video to fit on just one DVD without sacrificing visual quality. The DMP-B15 can also be connected to an HDTV or used as a stand alone Blu-ray disc player.
"As the pioneer in the development of DVD and Blu-ray technologies, we are pleased to bring the first portable Blu-ray player to market with DivX Certified video playback," said Kazuhiko Nakamura, Group Manager of Product Technology, Video Business Unit, Network Business Group, Panasonic AVC Networks Company, Panasonic Corporation. "DivX Certification enables us to offer added value to our customer base by enhancing their viewing experience and providing them with true portability of their high-quality DivX videos on innovative Panasonic products."
A wide range of Panasonic products have received DivX Certification, with portable and stand alone Blu-ray players being the most recent additions to a list that includes HDTVs, DVD players, and in-car players. "The Blu-ray Disc player market is significant and growing, accounting for 9 percent of the total stand alone player market in 2009, up from just over 5 percent in 2008," said Sheri Greenspan, senior consumer analyst for iSuppli Corp.
"This is truly a landmark product that will fuel the growth of the Blu-ray market and extend the reach of our high-quality DivX video ecosystem," said Kevin Hell, Chief Executive Officer of DivX, Inc. "New products, such as this one, enable consumers to enjoy the DivX video experience seamlessly, anytime, anywhere. We look forward to expanding our business relationship with Panasonic as they continue to innovate and develop the latest in consumer electronics."
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.
For more information about Panasonic visit http://www.panasonic.com.
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.