DivXNetworks Chooses Protexis for Launch of DivX Pro 5.0; Heavy Volume Experienced
March 6, 2002, Vancouver, BC – Protexis Inc., a leading provider of software license transaction services, announced today that DivXNetworks has chosen the state-of-the-art Protexis nTitles™ system for the release of its DivX Pro 5.0 video compression software. Early transaction volumes on the Protexis nTitles system and DivXNetworks download servers have been higher than anticipated.
The Protexis nTitles system is a sophisticated license transaction system that combines product activation and registration with integrated commerce capability. The nTitles system makes software purchasing easy while preventing unauthorized copying. Protexis solutions have satisfied global requirements.
The DivX Pro 5.0 product is the first software release from DivXNetworks designed specifically for video professionals. DivXNetworks is the company that created the revolutionary patent-pending DivX ™ video compression technology, often called the "MP3 of video." DivX video technology enables the distribution of full-screen, DVD-quality video over standard broadband networks. The next generation of video compression technology, DivX Pro 5.0 is an industrial strength suite of video tools that provides unsurpassed video quality and performance. The new DivX Pro 5.0 release achieves double real-time encoding speeds, with dramatically improved playback performance and visual quality.
Joe Bezdek, director of product management and co-founder of DivXNetworks selected nTitles over competing systems. He stated that "Protexis made integration of the nTitles system with our new DivX Pro 5.0 product easy by accommodating our existing processes, leveraging our business model and adding new functionality. When we were evaluating licensing solutions, the cost and effort required to implement and maintain our chosen system were important considerations. Protexis was able to meet all of our requirements and nTitles offers us the flexibility and freedom we need to make DivX Pro 5.0 a success."
"We are very excited about the launch of DivX Pro 5.0," said Tom Armstrong, Vice President of Business Development for Protexis. "DivX Pro 5.0 is a revolutionary product which promises to be one of the top ten next-generation video applications. Previous versions of DivX have occupied the top download spot for multimedia applications on CNet's Download.com site for an extended period as measured by Akamai, a global content distribution network. Protexis looks forward to helping DivXNetworks convert the exciting new features of DivX Pro 5.0 into sales. We are proud of our involvement with DivXNetworks and pleased that we have been able to help facilitate the launch of their new product line."
About DivXNetworks
DivXNetworks is a leading technology company that enables the rapid proliferation of video content over internet Protocol (IP) networks by combining the lightweight, ubiquitous access of the internet with DVD-quality video performance. The company's approach is built upon the success of the DivX™ codec, a leading standard for MPEG-4 video distribution with over 50 million users worldwide, and the DivX Open Video System™, a next-generation content delivery system that provides unsurpassed aggregation, promotion, and distribution of video content for mass markets. DivXNetworks is headquartered in San Diego, California, with a satellite office in Los Angeles. For more information about DivXNetworks, visit www.divxnetworks.com.
About Protexis
Protexis Inc. is a privately held company with head offices in Vancouver, BC. The Protexis nTitles software license transaction system combines the best of product activation and copy protection with user registration, channel support and e-commerce capabilities. The company's patented technology offers software publishers flexible, internet-based solutions for securing software and providing electronic licenses through any distribution channel. Protexis is venture-backed and investors include the Canadian Science & Technology Growth Fund Inc., Trudell Medical Limited and Silicon Valley based Sunwolf Ventures LLC.
About nTitles
The Protexis nTitles system is a software license transaction system that supports all channels of distribution. nTitles incorporates product activation, registration, persistent and flexible copy protection, powerful channel support and integrated commerce capability. nTitles delivers all the benefits of an easy-to-use activation system and adds fully integrated payment and channel support capability.
For additional information on Protexis and its electronic software licensing products and solutions visit our web site at www.protexis.com, call (604) 915-5200 or email info@protexis.com.
CONTACTS:
Monique Hui
Protexis Inc.
T: 604.806.3390
monique.hui@protexis.com
Tom Huntington
DivXNetworks
T: 858.909.5358
thuntington@divxnetworks.com
Note: This News Release may contain future-oriented information that is based upon the Protexis business plans. Protexis and nTitles are trademarks of Protexis Inc. DivX and DivX Pro are trademarks of DivXNetworks. All of DivXNetworks products are patent pending with the United States Patent and Trademark Office covering the company's core technology. All other registered and unregistered trademarks in this document are the sole property of their respective owners.
