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Canopus Co. Ltd Licenses DivX-R- Technology As Default Video Software Codec for Licensed Products.


Business Editors/High-Tech Writers

SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  & SAN JOSE San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
, Calif.--(BUSINESS WIRE)--Aug. 7, 2003

Partnership with DivXNetworks Brings World's Leading Video Compression Encoding digital video to take up less storage space and transmission bandwidth. See video codec and data compression.

video compression - Compression of sequences of images.
 

Technology to Canopus Advanced Video Production Solutions

DivXNetworks Inc., the company that created the revolutionary, patent-pending DivX(R) video compression company, and Canopus Corp. today announced a comprehensive technology licensing partnership.

Under the terms of the agreement, Canopus will include DivX Pro, the professional version of the popular DivX video technology, as the default video software codec A compression/decompression routine that is implemented in software only without requiring specialized DSP hardware. See codec.  across the company's licensed software and hardware products.

With a wide variety of award-winning products, Canopus is a leader in the content production market for professionals and video enthusiasts. DivX Pro is the most advanced video compression technology on the market and includes innovative encoding techniques and built-in video processing Video processing techniques are used in video codecs, video players and other devices. For example—commonly only design and video processing is different in TV sets of different manufactures.  tools to meet the rigorous demands of digital video professionals. Canopus will include DivX Pro in their video production products, including the popular MTV MTV
 in full Music Television

U.S. cable television network, established in 1980 to present videos of musicians and singers performing new rock music. MTV won a wide following among rock-music fans worldwide and greatly affected the popular-music business.
 series of video capture boards and ProCoder, the company's advanced multi file format converter.

"Canopus is well known as a global leader in high-end video software and hardware, and we are pleased that they have chosen to integrate DivX Pro into their product line," said Jordan Greenhall, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of DivXNetworks. "The combination of the industry-leading products from Canopus with the unsurpassed visual quality and compression of DivX Pro will provide video enthusiasts with a complete set of cutting-edge video tools for content production."

"The addition of DivX Pro will significantly enhance the capability of our products and thus the customer experience. We are pleased to work with DivXNetworks to provide our consumers with the best video editing See nonlinear video editing and video editor.  and personal recording solutions on the market," said Hiro Yamada, CEO of Canopus. "With its incredible visual quality, excellent compression ratio compression ratio

Degree to which the fuel mixture in an internal-combustion engine is compressed before ignition. It is defined as the volume of the combustion chamber with the piston farthest out divided by the volume with the piston in the full-compression position (
, and strong global brand, DivX is the most advanced MPEG-4 technology and as such provides an excellent fit with our high quality product line."

For more information on the DivX(R) Software Licensing program, write to licensing@divxnetworks.com. To learn more about Canopus video editing products, visit www.canopus.com.

About DivXNetworks

DivXNetworks is a consumer-focused video technology company positioned at the center of multimedia convergence. The company's core offering is the DivX(R) video codec, the world's most popular MPEG-4 compatible video compression technology with over 85 million users worldwide. Often called "the MP3 of video," the patent-pending DivX video technology offers DVD-quality at 10 times greater compression than MPEG-2 files, enabling full length films to easily fit on a CD or be delivered over broadband connections. DivX video technology powers a range of applications that span the convergence value chain, from a secure IP-based video-on-demand solution to next-generation consumer electronics products and video software applications. DivXNetworks is headquartered in San Diego, with a satellite office in Los Angeles. For more information, visit http://www.divxnetworks.com.

About Canopus Corp.

Based in San Jose, Calif., Canopus Corp. designs and markets award-winning, nonlinear video editing Editing video in the computer. Also called "nonlinear editing" (NLE), digital nonlinear systems provide high-quality post-production editing on a desktop computer. However, some detail may be lost if lossy compression is used to store the images (see lossy compression).  products for video professionals and enthusiasts. Canopus's DV editing, MPEG encoding, 3D DVE See digital video effects.  and video transcoding products combine innovative hardware and software designs to set new standards in performance, functionality and reliability. Canopus Corp.'s parent company, Canopus Co. Ltd., with headquarters in Kobe, is Japan's largest maker of video editing and graphics products. The company has offices in the U.K., Germany, Australia, Italy and China in addition to an extensive worldwide distributor network. For more information contact Canopus at 408-954-4500 or visit their Web site at www.canopus.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Aug 7, 2003
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