DivX and Veoh Networks Partner to Bring Online Video to the Digital Living Room Through...

DivX and Veoh Networks Partner to Bring Online Video to the Digital Living Room Through DivX Connected(TM)

Popular Video Content from Veoh to Be Easily Accessible Through
DivX Connected(TM) Platform
LAS VEGAS--(Business Wire)--DivX, Inc. (NASDAQ: DIVX) and Veoh Networks, Inc. (www.veoh.com)
today announced an agreement that will bring Veoh's leading Internet
television service to viewers through the DivX Connected(TM) platform.
The partnership will enable consumers to easily access many of their
favorite Web videos from Veoh on a variety of consumer electronics
devices.

Under the terms of the agreement, Veoh will make some of its most
exciting and unique video content from its popular Veoh.com site
accessible on DivX Connected devices, extending the content experience
beyond the limits of the PC and into 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 creating a Veoh service on the DivX Connected platform, we
offer consumers a compelling solution that allows them to watch
internet television in the comfort of their living rooms," said Joshua
Metzger, SVP Corporate Development, Veoh Networks, Inc. "Our
partnership with DivX further emphasizes Veoh's commitment to making
it as easy as possible for viewers to find, watch, and discover great
video content wherever and whenever they want to."

"The explosion of internet video has created a real desire from
viewers and filmmakers for solutions that seamlessly bridge the gap
between the home computer and the home theater," said Jerome "Gej"
Vashisht-Rota, Co-founder, Vice President & Group Business Manager,
Media Experience, at DivX, Inc. "By using an open approach, DivX
Connected brings together low-cost consumer electronics with
cutting-edge online services, including popular video sites like Veoh,
to create a uniquely enjoyable consumer experience."

For more information on DivX Connected, see
www.divx.com/connected. For more information on Veoh, see
www.veoh.com.

About Veoh Networks, Inc.

Named one of AdWeek's Top 10 Digital Hotlist sites in 2007, Veoh
Networks is an innovative Internet Television company that delivers
broadcast-quality video programming via the Internet.

The Veoh Networks portfolio includes Veoh.com, one of the most
popular video hosting services on the Internet, and VeohTV, a free
downloadable application that turns online video into Internet
Television. Veoh.com has more than 100,000 content publishers - from
CBS, Lions Gate, PBS, National Lampoon, Road and Track and Us Magazine
to thousands of independent filmmakers and content producers - and
currently attracts over 21 million unique users per month. VeohTV
makes it easy to turn any computer into a digital video recorder that
allows viewers to watch and record shows from thousands of Internet
video sources. For advertisers, Veoh offers compelling ways of
engaging with a targeted audience and measuring performance of their
ad buys.

Veoh Networks is a privately held company that is backed by
leading technology and media investors, including Goldman Sachs,
Shelter Capital Partners, Spark Capital, Michael Eisner's Tornante
Company, Time Warner Inc., Tom Freston and Jonathan Dolgen. The
company's principal offices are in Los Angeles and San Diego,
California.

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 Veoh Networks, Inc. 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 Veoh Networks, Inc. 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 Relations:
Tom Huntington, 858-882-0672
thuntington@divxcorp.com
or
Investor Relations:
Karen Fisher, 858-882-6415
kfisher@divxcorp.com
or
Veoh Networks, Inc.
Gaude Lydia Paez, 310-749-4963
gpaez@veoh.com

Copyright Business Wire 2008