DivX Now Showing on Blu-ray DVD Players
DivX, Inc. (NASDAQ:DIVX), a digital media company, today announced that it has granted DivX Certification to six new Blu-ray DVD players from Panasonic, Philips, and Denon.
The new DivX Certified DVD models join the world’s best-selling Blu-ray playback device, the Sony PLAYSTATION 3, which has been capable of DivX playback since December, 2007. The growth of DivX technology in the emerging Blu-ray market demonstrates growing traction of the Company’s licensing business into new product categories. DivX technology has already become a de facto standard on standard definition DVD devices, with an estimated 41 percent penetration in the global market as of the end of 2007.
Thanks to the superior compression and high visual quality of the DivX format, consumers can take advantage of Blu-ray technology to store and playback over 25 hours of DVD-quality video on a single Blu-ray disc. Newly certified DVD players include devices from Panasonic (Model: DMP-BD30EE), Philips (Model: BDP7200) and Denon (Models: DVD-2500BTC1B, DVD-3800BDC1B, DVD-3800BDSP and DVD-2500BTSP).
“The end of the format war creates more opportunity for Blu-ray products,” said In-Stat Principal Analyst, Michelle Abraham, Converged Markets & Technologies, Multimedia. “In-Stat expects worldwide shipments of Blu-ray players to reach 23 million in 2011. DivX is well-positioned to become a standard feature on Blu-ray devices, just as it has shipped in millions of DVD players worldwide.”
“Blu-ray technology clearly represents an important standard for the future of digital media, and we’re pleased that our partners continue to recognize DivX technology as an important feature on next-generation devices,” said Kevin Hell, CEO of DivX, Inc. “The DivX logo has become a symbol of a high-quality digital video experience on any kind of device or platform.”
Products that bear the DivX Certified logo have undergone a rigorous testing program to ensure interoperability, security and visual quality. DivX Certified products enable consumers to create, play and share high-quality video content across a range of devices and platforms. Over 100 million DivX Certified devices from a variety of manufacturers have shipped worldwide.
About DivX, Inc.
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.
