PENTAX Launches Sixth DivX Certified(R) Digital Camera.
SAN DIEGO & GOLDEN, Colo. -- DivX, Inc. (NASDAQ:DIVX) and PENTAX Imaging Company today announced the DivX certification of the PENTAX Optio A30, the innovative imaging company's sixth DivX Certified digital camera in 18 months.
As a DivX Certified digital camera, the Optio A30 makes it easy for users to create their own media. With the push of a button on a palm-sized digital camera, users can instantly record high-quality DivX video and play it back on any of the 70 million DivX Certified consumer electronic devices available today.
The PENTAX Optio A30 camera is a 10-megapixel still camera with unprecedented video capabilities. It sports a 2.5 inch color LCD for optimal still and video capture, and can capture up to one hour of high-quality DivX video on a 1GB media card.
When evaluating digital cameras for purchase, consumers used to only look for an easy way to shoot good still photos. With the growth of online video sharing sites like Stage6 and Photobucket, consumers are demanding more from their digital cameras. In addition to still shots, cameras must also offer video recording capabilities.
"When it comes to giving consumers what they want, the ability to record high-quality DivX video has become an important product differentiator for PENTAX," said John Carlson, Product Manager at PENTAX Imaging Company. "We're excited to work with the DivX team to release our sixth consecutive DivX Certified digital still camera."
"PENTAX is an innovator, as evidenced by their decision to release the world's first ever DivX Certified digital camera two years ago," said Kevin Hell, CXO, Partners and Licensing at DivX, Inc. "By partnering with PENTAX to certify even more devices, we are extending the DivX common media language by allowing consumers to easily create, play and share high-quality DivX content across more platforms and consumer electronic devices."
Video creation on consumer-grade digital cameras is increasing in popularity. "Fifty percent of digital camera users shoot video clips with their cameras about twice per month," reports IDC Research Manager Chris Chute. "Given this trend, IDC believes video capture in digital cameras will re-shape how consumers view photography and create media overall."
While recording video using a digital camera is becoming more commonplace, most consumers still don't know what they can do with the video or how to get the video off the device. DivX solves this problem by letting users easily transfer their video footage from the PENTAX digital camera to a range of different products and platforms -- from DivX Certified devices like DVD players, portable media players and digital televisions to Internet video sharing platforms.
Products that bear the DivX Certified logo have undergone a rigorous testing program to ensure a high-quality DivX media experience, including reliable video creation and playback, interoperability with other DivX Certified devices and the visual quality users expect from DivX. The DivX Certified PENTAX Optio A30 digital camera will be available mid March at retail stores worldwide. Learn more about DivX Certification at www.divx.com/company.
PENTAX Imaging Company is an innovative leader in the production of digital and film cameras, scopes, eyepieces, binoculars, lenses, mobile printers, scanners and internet cameras. For more than 80 years, PENTAX technology has developed durable, reliable products that meet the needs of consumers and businesses. Learn more at www.pentaximaging.com.
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 200 million times in the last four years, including over 60 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, www.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 DivX's visibility within the investment community. 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 quarterly report on Form 10-Q filed with the SEC on November 13, 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.
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|Date:||Feb 22, 2007|
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