Relationship will Allow Consumers to Enjoy High-Quality DivX Video in the Home or on the Go
SAN DIEGO & MILPITAS, Calif. -- Jun. 13, 2007 DivX, Inc. (NASDAQ:DIVX) and SanDisk(R) Corporation (NASDAQ:SNDK) today announced a licensing agreement allowing SanDisk to include DivX(R) technology in SanDisk's Sansa(R) line of video-enabled products.
As a result of the partnership, future SanDisk video products can now include interoperability with the DivX Stage6 video website. This partnership is designed to provide SanDisk consumers with seamless access to the growing library of professional and user-generated video content available today in the popular DivX format.
"This partnership aims to allow our customers to take full advantage of innovative video features and content found only through DivX," said Daniel Schreiber, Senior Vice-President and General Manager for SanDisk's Audio Video Business Unit.
"Our agreement with SanDisk brings together pioneering consumer electronics with DivX's expertise for digital video," said Kevin Hell, President of DivX, Inc. "Adding DivX to the Sansa product line's arsenal of features will provide cutting-edge media capabilities to consumers, and strengthen the common media language we're building through the open DivX ecosystem."
Products that bear the DivX Certified logo have undergone a rigorous testing program to ensure a high-quality DivX media experience, including reliable video playback, interoperability with other DivX Certified devices and the visual quality users expect from DivX.
SanDisk expects to announce plans later this year for DivX support in its product lines.
About SanDisk
SanDisk is the original inventor of flash storage cards and is the world's largest supplier of flash data storage card products using its patented, high-density flash memory and controller technology. SanDisk is headquartered in Milpitas, CA and has operations worldwide, with more than half its sales outside the U.S.
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 220 million times since January 2003, including over 70 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, http://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.