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PRESS RELEASE: Casio Expands Line of DivX Certified Digital Cameras
The EXILIM® Card EX-S770D Provides High Quality DivX Video Capture Interoperable with Millions of Devices
SAN DIEGO--(BUSINESS WIRE)--DivX, Inc. (NASDAQ:DIVX) announced today that Casio will introduce a new model to its line of DivX Certified digital still cameras in Europe. The DivX Certified Casio EXILIM® Card EX-S770D model will be available online throughout Europe in November.
The new model is a successor to the popular EX-S600D, the first DivX Certified camera from Casio. The EX-S770D improves on its predecessor by increasing the megapixel count to 7.2 and allowing for video capture in a wide-format movie function (16:9 aspect ratio) that combines with DivX functionality to create breath-taking video.
In addition, the Casio EXILIM® EX-S770D camera allows consumers to easily access the interoperable DivX ecosystem, to play, create and share high-quality video content across a range of devices and platforms. This includes DVD players, recorders and portable media players. Content created on the camera can be played on all PCs with DivX software installed and on DivX Certified consumer electronics devices from the world's leading brands.
"I am very excited about the release of our new EXILIM® Card EX-S770D digital camera, which features the outstanding DivX technology that users appreciated so much in its predecessor, the EX-S600D," said Susumu Takashima, director at Casio and head of the Digital Camera Unit. "Casio's card-sized digital cameras are designed to deliver high performance in a compact, slim shape, and have been very well received by the market. Users are making the most of our cameras to take not only still images, but movies as well, all with the greatest of ease. Our latest card-sized model takes movies in DivX® format, and is being marketed in Europe where DivX is extremely popular. Compared to previous models, the EX-S770D also has a larger display. We look forward to countless users experiencing the joy of taking and viewing both still shots and movies."
"By expanding their line of DivX Certified digital cameras, Casio is giving consumers the ability to create very high quality video that they can experience in a truly open and interoperable way," said Jim Geison, Vice President of Worldwide Sales, DivX. "Users of the EX-S770D can easily share and distribute their personal content across a wide range of devices, an advantage that is not offered by other digital video technologies that are confined to the PC."
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 50 million DivX Certified devices from a variety of manufacturers have shipped worldwide.
For more information on DivX Certification, visit http://www.divx.com/certification . To learn more about DivX Certified Casio cameras, please visit http://www.divx.com/casio-digital-camera .
About DivX, Inc.
DivX creates products and services designed to improve the experience of media. Our first product offering was a video compression-decompression software library, or codec, which has been actively sought out and downloaded over 180 million times in the last four years, including over 50 million times during the last twelve months. We have since built on the success of our codec with other consumer software, including the DivX Player application, which is distributed from our website, http://DivX.com. We also license our technologies to consumer hardware device manufacturers and certify their products to ensure the interoperable support of DivX-encoded content. In addition to technology licensing to consumer hardware device manufacturers, we currently generate revenue from software licensing, advertising and content distribution.
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 growth in customers' use of DivX technology, the Company's position at the forefront of market opportunities, and activities intended to drive profitable rapid revenue growth. 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; DivX's ability to penetrate existing and new markets; the effects of competition; DivX's dependence on its licensees and partners; the effect of intellectual property rights claims; and other factors discussed in the "Risk Factors" section of DivX's final prospectus filed with the SEC on September 22, 2006. 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.
EXILIM is a registered trademark of Casio Computer Co., Ltd.
(First posted on Wednesday, November 8, 2006 at 12:32 EST)