DivX and Jaman Sign Agreement to Offer International and Independent Movies on the...
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DivX and Jaman Sign Agreement to Offer International and Independent Movies on the DivX Connected(TM) Platform Video Selections From Jaman.com to be Available in the Living Room Through DivX Connected(TM) Platform LAS VEGAS--(Business Wire)--DivX, Inc. (NASDAQ:DIVX) and Jaman.com, the leading international and independent Internet film service, today announced an agreement to add video titles from the Jaman.com library to the DivX Connected(TM) platform, a solution that provides consumers with easily accessible high-quality digital media content through a variety of consumer electronics devices. The thousands of titles available at Jaman.com include foreign, independent, short, and documentary films. The two companies will work together to make selections from the Jaman library available to users of DivX Connected devices, extending the content experience beyond the limits of the PC to the living room. The first DivX Connected device available to consumers from D-Link is presently for sale online in the UK, France, and Germany and will be released in the US in 2008. "By working with DivX to make Jaman video available on the DivX Connected platform, we can offer our users a compelling solution to bring internet-distributed international and independent films directly into their living rooms," said Jaman's CEO Gaurav Dhillon. "We want to give our users the ability to watch their content how and where the like, beyond just the PC." "Jaman's model of distributing high quality movies over the internet offers viewers a uniquely diverse range of content, but viewers want flexibility over where they watch those films," said Jerome "Gej" Vashisht-Rota, Co-founder, Vice President & Group Business Manager, Media Experience, at DivX, Inc. "Because DivX Connected is an open platform, we can partner with services like Jaman, and together bring compelling new content to the living room for a truly cinematic experience." For more information on DivX Connected, see www.divx.com/connected. For more information on Jaman, see www.jaman.com. About Jaman Jaman.com is revolutionizing the way people discover, enjoy and share movies all over the world. The company is pioneering entertainment on the Internet by delivering hi-def films to a growing online community of fans and filmmakers. Jaman.com is based in San Mateo, California and is backed by luminaries in technology and media (more at http://www.jaman.com/about). Join Jaman, Join the World(TM). About DivX, Inc. DivX, Inc. is a digital media company that enables consumers to enjoy a high-quality video experience across any kind of device. DivX creates, distributes and licenses digital video technologies that span the "three screens" comprising today's consumer media environment--the PC, the television and mobile devices. Over 100 million DivX Certified(R) devices have shipped into the market from leading consumer electronics manufacturers. DivX also offers content providers and publishers a complete solution for the distribution of secure, high-quality digital video content. Driven by a globally recognized brand and a passionate community of hundreds of millions of consumers, DivX is simplifying the video experience to enable the digital home. Forward-Looking Statements 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 the anticipated benefits of the agreement between Jaman.com and DivX, DivX's customers and shareholders, activities expected to occur in connection with the agreement, and the expected increase to DivX's market opportunity related to DivX Connected consumer electronics devices. 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: risks that the anticipated benefits of the Jaman.com agreement with DivX may not materialize to the extent expected, or at all; risks related to the uncertainty surrounding DivX's success in developing DivX Connected consumer electronics devices; risks related to the timely development of DivX Connected consumer electronics devices; risks related to the anticipated consumer adoption and benefits of DivX Connected consumer electronics devices; the risk that the anticipated market opportunities may not materialize as expected, or at all; the risk that customer use of DivX technology may not grow as anticipated; 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; risks associated with DivX's ability to penetrate existing and new markets; risks regarding 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 14, 2007. 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. DivX, Inc. Media Contact: Tom Huntington, 858-882-0672 firstname.lastname@example.org or Investor Contact: Karen Fisher, 858-882-6415 email@example.com Copyright Business Wire 2008
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