China MobileSoft Selects InterVideo Multimedia Technology for Its Linux-Based Smart Phone Designs.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- InterVideo(R), Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :IVII), a pioneer in advancing DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. and MPEG-related software technologies, announced today that China MobileSoft (CMS (1) See content management system and color management system. (2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system. ) has selected InterVideo's iMobi(TM) video and audio codec (1) A hardware circuit that converts analog voice into PCM or ADPCM digital code and vice versa. The term may refer to only the A/D and D/A conversion, or it may include the compression technique for further reducing the signal (definition #2 below). See sampling and codec. technologies for its upcoming Linux smart phone embedded software Instructions that permanently reside in a ROM or flash memory chip. Embedded software may be immediately available to the CPU or, for faster execution, may be transferred to RAM first and then executed. designs. By incorporating InterVideo's iMobi(TM) multimedia codec (1) (enCOder/DECoder) A hardware circuit that performs analog-to-digital conversion (ADC) and digital-to-analog (DAC) conversion. When analog signals are entered into a computer, cellphone or other device via a microphone or video source such as VHS tape or analog TV, technologies, China MobileSoft will provide OEMs and ODMs with a complete solution for enhancing their smart phones with robust entertainment features. Well-known for its superior codec technology, InterVideo's patented video codec (1) A hardware circuit that converts analog video (NTSC, PAL, SECAM) into digital code and vice versa. The term may refer to only the A/D and D/A conversion, or it may include the compression technique for further reducing the signal (definition #2 below). See codec. algorithm allows consumers to record and playback high-quality, jitter-free video clips with ease. With InterVideo's next-generation technology for 3G cell phones and CMS's smart phone software, consumers will have outstanding video capabilities on their mobile phones. According to International Data Corporation (IDC), China is the largest mobile phone market in the world. The Chinese purchased, an increase of 15.8 percent over 2003, making IDC predicts that the market for mobile handsets will grow from sales of 92 million in 2004 to more than 400 million by 2009. "The combination of CMS's Linux mobile phone design and InterVideo's innovative multimedia solution will help OEMs and ODMs differentiate their products while speeding time to market," said Jiping Wang, 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 China MobileSoft. "We selected InterVideo because it is known worldwide for the quality of its products and has extensive experience in developing Linux multimedia software for some of the industry's leading manufacturers of high-end CE devices." Steve Ro, president and CEO of InterVideo, credits the engineers at both companies for collaborating to make this exciting new product design a reality. "The new CMS designs will turn smart phones into true entertainment solutions. MP3 playback offers high-quality audio-on-the-go, while MPEG-4 video encoding and decoding takes mobile video to a new dimension." Ro also noted, "For the new and upcoming 3G phones, it becomes more and more important for mobile phone ODMs and OEMs to include multimedia features, and we are delighted that China MobileSoft has chosen InterVideo to be their multimedia solution for their new designs." CMS provides mobile device manufacturers and original design manufacturers (ODM (Original Design Manufacturer) A contract manufacturer that uses its own designs and intellectual property (IP). See contract manufacturer. ) complete, integrated software platforms and user-friendly applications for the Chinese market. CMS currently has 10 licensees shipping CMS software on more than 30 phone models in China. CMS and its subsidiaries offer an array of software and applications for next-generation mobile phones. Licensing OEMs, ODMs and system integrators can obtain licensing and customer support information about InterVideo's codec and multimedia solution by contacting InterVideo at 510-651-0888 or visiting InterVideo's web site, www.intervideo.com. About China MobileSoft China MobileSoft Limited (CMS) is a leading Chinese mobile phone software company with business operations headquartered with its wholly-owned subsidiary -- MobileSoft Technology (Nanjing) in China. The international company PalmSource finished acquiring CMS in January, 2005. The acquisition of CMS is expected to further extend PalmSource's leadership as a software provider for phones and mobile devices worldwide. The combination of Palm OS and CMS's software products will give PalmSource one of the broadest lines of mobile software in the industry, powering mobile phones at all price points in all regions of the world. China MobileSoft Limited and its subsidiaries currently offer customers a wide range of software for mobile phones, including more than a dozen phone applications, operating software for smart and feature phones. The company has also been developing a version of Linux optimized for mobile devices. In the future, they plan to give the phone applications and phone software the Palm OS look-and-feel and data compatibility, extending the Palm OS ease-of-use to all classes of mobile phones worldwide. ACCESS Co., Ltd., (Tokyo Stock Exchange Tokyo Stock Exchange Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai. : 4813), a global provider of mobile content delivery and Internet access software, completed the acquisition of PalmSource in November 2005. PalmSource is now a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of ACCESS. For more information, contact China MobileSoft at 86-25-83207692 or visit its website at www.mobilesoft.com.cn, contact PalmSource by visiting its website www.palmsource.com, and contact Access by visiting its website at www.access.co.jp. About InterVideo, Inc. InterVideo is a leading provider of DVD software. InterVideo has developed a technology platform from which it has created a broad suite of integrated multimedia software products that allow users to capture, edit, author, burn, distribute, and play digital video. InterVideo's software is bundled with products sold by the majority of the top ten PC OEMs ranked in terms of sales Terms of sale Conditions under which a firm proposes to sell its goods or services for cash or credit. by IDC. The company is headquartered in Fremont, CA with regional offices in Europe, Taiwan, China and Japan. For more information, contact InterVideo at 510-651-0888 or visit the company's Web site at www.intervideo.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Except for the historical statements contained herein, the foregoing release contains forward-looking statements, including statements regarding the InterVideo MPEG (Moving Pictures Experts Group) An ISO/ITU standard for compressing digital video. Pronounced "em-peg," it is the universal standard for digital terrestrial, cable and satellite TV, DVDs and digital video recorders (DVRs). Codec Technology and iMobi(TM) handheld solution. These forward-looking statements are subject to risks and uncertainties, and actual results could differ materially due to several factors, including but not limited to the market acceptance of our new products and product enhancements, the ability to forecast customer behavior and recognize or respond to emerging trends, changing preferences or competitive factors, the resolution of any notices of claims regarding alleged infringement of third parties' intellectual property rights, the ability to maintain or expand our relationship with PC OEMS, system integrators and other risks and uncertainties. Please consult the various reports and documents filed by InterVideo with the U.S. Securities and Exchange Commission, including but not limited to InterVideo's Form 10-Q Form 10-Q See 10-Q. for other risk factors that could cause actual results to differ. All forward-looking statements are made as of the date hereof and InterVideo disclaims any responsibility to update or revise any forward-looking statement provided in this news release. InterVideo is a registered trademark. All other trademarks are the property of their respective holders. |
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