Aachen, Germany and Taipei, Taiwan - January 09, 2008 - MainConcept AG, a wholly-owned subsidiary of DivX, Inc. (NASDAQ: DIVX) and the world’s leading provider of audio and video codecs and software development kits to the broadcast, film, and consumer markets today announced that the company has licensed its MPEG-2 Pro and DVCPRO HD SDK to Gorilla Science & Technology. Known as a leader in tapeless broadcasting solutions, Gorilla will embed MainConcept’s technology into the latest version of MAGS (Media Asset Generation System) to be released in the near future.
Gorilla’s MAGS solution is positioned as the premier tapeless solution for transferring analog or digital audio and video from one format to another digital format to facilitate better and faster production, repurposing, archiving, collaboration, and distributing of media assets. To provide high quality MPEG-2 Pro and DVCPRO HD file processing capabilities within MAGS, MainConcept’s SDK will be embedded into the MAGS architecture.
“We are honored that Gorilla has chosen our MPEG-2 and DVCPRO HD technology,” said Masashi Nemoto, President of MainConcept Japan. “Our collaboration with Gorilla allows more clients to benefit from MainConcept's ultra-fast, high quality MPEG-2 Pro and DVCPro HD technology. Around the world, Gorilla is recognized as a leader in innovation, quality and efficiency. We are proud of being able to contribute to their success.”
“The addition of MainConcept’s codec technology to Gorilla’s popular MAGS product line is a benefit for our high-profile broadcast customers,“ said Mike Wang, Business Development Director of Gorilla Science & Technology. “We view working with MainConcept as a strategic goal of our business. Gorilla MAGS and its sub-products, with MainConcept technology embedded, are now being introduced in the European and Asian markets, giving both companies momentum for future successes.”
About Gorilla Science & Technology
Gorilla Science & Technology is the front-runner and provider of the most advanced technologies and solutions for broadcasters, and the leader of the few companies that have domain specific content management kernels. With Gorilla’s modularized Tapeless Broadcast Solutions, broadcasters and all professional content providers can build a full-scale Tapeless environment, from ingestion, production, playout, to management and archive, with distinctly specific content types processing (Sports, News, Program, Documentary, Music Video, and Animation).
Operating worldwide, Gorilla provides 7 modularized solutions to serve high-profiled customers: Post-production automation with broadcast recording; MAM & Tiered Archiving; MAM & Archive with Playout Automation; MAM & Archive with DAM & Publishing; Newsroom Automation; Historical Library Production; Complete Tapeless Environment. Gorilla also helps customers convert broadcast-quality contents into different format media assets for secondary distribution channels, such as VOD, IPTV, Mobile TV, at a time when digital explosion is most actively encouraging them to provide more channels, content, and services. For more information visit www.gorillascience.com.
About MainConcept
MainConcept is the worldwide leading provider of high-quality codec technology for the broadcast, film, consumer electronics, computer software, medical imaging and security markets. MainConcept solutions are optimized for various platforms including PCs, set-top boxes, portable media players and mobile phones. MainConcept supports the most popular industry standards such as MPEG-2, MPEG-4 Part 2, H.264/AVC, VC-1, DV, DVCPRO, DVCPRO HD, JPEG2000, AAC, HE-AAC and AC3.
MainConcept is headquartered in Germany with subsidiaries in the USA, Russia, and Japan. The company serves the Asia-Pacific region through key distribution partners in China, Korea, and Taiwan. MainConcept customers include some of the most respected international companies including Adobe, Leitch/Harris, Microsoft, mobiTV, Sonic Solutions, Sony, and Panasonic.
MainConcept is a wholly owned subsidiary of DivX. For more information about MainConcept and available codecs visit www.mainconcept.com. Parties interested in licensing MainConcept technology can contact the company at sales(at)mainconcept.com.
Forward Looking Statement
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 visibility within the investment community. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause 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 the identified 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 applicable brands; risks associated with the Company’s ability to penetrate existing and new markets; risks regarding the effects of competition; the Company’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.
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