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Ulead Licenses DivX Video Compression Technology to Complement Video Editing Product Line in OEM Channel.

Business Editors/High-Tech Writers

SAN DIEGO & TORRANCE, Calif.--(BUSINESS WIRE)--Sept. 16, 2003

Ulead to Offer DivX as MPEG-4 Codec for VideoStudio and MediaStudio

Pro; First OEM Partner Is NEC Computers

DivXNetworks, Inc., the company that created the revolutionary, patent-pending DivX(R) video compression technology, and Ulead Systems, Inc., a leading developer of image editing, video editing, 3D animation and DVD authoring software, today announced a comprehensive software licensing and product integration partnership. Under the terms of the agreement, Ulead has licensed DivX video compression technology to distribute to its OEM partners along with the company's award-winning Ulead(R) VideoStudio(R) and Ulead(R) MediaStudio(R) Pro video editing software.

Ulead will promote DivX video technology to its OEM partners as a complement to VideoStudio and MediaStudio Pro. Ulead will distribute DivX Licensed(TM) software products through its wide-reaching channel to millions of consumers across the world. The first deal to distribute DivX licensed Ulead products is with NEC Computers of Japan.

"The combination of DivX's industry-leading MPEG-4 technology and our popular consumer and professional video editing software will offer video hobbyists and professional videographers a complete solution for creating high-quality home movies and professional video productions on their PCs," said Bill Hsiun, vice president of International Sales for Ulead Systems. "With its strong global brand and superior performance, DivX offers a compelling value-add for our partners worldwide."

The superior compression and video quality of DivX will enable users of Ulead software to easily create, edit and playback DVD-quality videos at sizes 7-10 times smaller than MPEG-2 files. DivX ranks among the world's most popular video technologies, with over 100 million downloads, averaging over 3 million downloads per month.

"Ulead is a leader in high-quality, video editing software, and we're very pleased that it has chosen DivX MPEG-4 video technology for both VideoStudio and MediaStudio Pro video editing software products," said Kevin Hell, chief marketing officer and managing director at DivXNetworks.

For more information on the DivX Licensed Software Program, write to licensing@divxnetworks.com. To learn more about Ulead, visit www.ulead.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 100 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, California, with satellite offices in Los Angeles and San Jose, CA, Taipei, Taiwan, and Dortmund, Germany. For more information, visit http://www.divxnetworks.com.

About Ulead Systems

Ulead Systems, Inc. is a leading developer of innovative video, imaging and graphics software for desktop, server, mobile and Internet platforms. As more people use digital technologies at home, school and the workplace, Ulead software empowers users of all levels with the tools to easily and affordably personalize, manage and share digital content. For more information on the company, its products and services, please visit Ulead's Web site at www.ulead.com or call 800-85-ULEAD (800-858-5323).
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 16, 2003
Words:560
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