DivX Enters Into New Multiyear Contract with Philips Electronics to Bring DivX Video to Wide Variety of Consumer Electronics Devices

Agreement Will Help Enable Global Consumers to Enjoy High-Quality Digital Video on Any Kind of Device or Platform

SAN DIEGO — DivX, Inc. (NASDAQ:DIVX), a digital media company, today announced that it has entered into a new two-year license agreement with Philips Electronics. The agreement will enable Philips to continue to include DivX® video functionality on its wide range of consumer lifestyle products, including DVD players, portable devices, digital televisions and next-generation products including Blu-ray DVD devices.

DivX has become a global standard for a high-quality digital video experience that bridges the gap between the PC, the living room and mobile environments. With over 100 million DivX Certified® devices shipped into the market from a wide variety of major consumer electronics brands, DivX is the only video format that offers consumers an easy and flexible way to move video content across all the devices in their life, ensuring interoperability between DVD players, mobile phones, in-car devices, digital still cameras, gaming consoles and many other products that bear the DivX logo.

“Our goal is to provide consumers with an open and seamless digital media experience that lets them enjoy high-quality video across any device, from any manufacturer,” said Kevin Hell, CEO of DivX. “WeÂ’re extremely pleased to extend our relationship with Philips in order to continue offering global consumers the ability to access their video content on any device they choose.”

Products that bear the DivX Certified logo have undergone a rigorous testing program to ensure interoperability, security and visual quality. DivX Certified products are available from wide variety of major brands at retail outlets all over the word, enabling consumers to create, play and share high-quality video content across a range of devices and platforms.