GlobeNewswire
2012-07-19
Supports the Delivery of a Feature-Rich, Premium Digital
Entertainment Experience to Connected Devices
SANTA CLARA, Calif., July 19, 2012 (GLOBE NEWSWIRE) -- Rovi Corporation
(NASDAQ: ROVI) today announced its DivX(R) Plus Streaming technology
will be integrated into the "UniPhier(R)" series of digital television
and Blu-ray Disc(TM) integrated circuit (IC) solutions from Panasonic
Corporation's Semiconductor Business Group. Designed to quickly enable
advanced entertainment experiences across the connected device
ecosystem, DivX Plus Streaming was selected by Panasonic SoC for its
ability to deliver more high-quality video content and advanced
multimedia features as part of the over-the-top entertainment
experience.
DivX Plus Streaming brings a robust, cutting-edge feature set to
streaming media that is typically characteristic of the Blu-ray Disc
consumer experience. By dynamically adjusting video streams and
delivering maximum visual quality based on available bandwidth, DivX
Plus Streaming eliminates jumpiness, pauses, and buffering during video
playback. The solution supports 1080p high definition, subtitles,
multiple language tracks, and trick-play features such as smooth fast
forward and rewind, quick-start playback, and resume playback across
devices. DivX Plus Streaming also works in conjunction with Rovi's DivX
Plus HD certification to enable offline playback of digital video files
with similar advanced features.
"The agreement with Panasonic SoC is evidence of the momentum of DivX
Plus Streaming and will help quickly fuel expansion of the ecosystem of
digital entertainment products that support this next-generation
technology," said Matt Milne, EVP, worldwide sales and marketing, Rovi
Corporation. "DivX Plus Streaming offers an end-to-end solution for
retailers, and CE and IC manufacturers that is lightweight and easy to
integrate yet provides the benefits of a flexible DRM framework for the
secure encoding, delivery and consumption of streamed video content."
To develop DivX Plus Streaming, Rovi built upon core DivX(R)
technologies recognized by millions of consumers around the world for
delivering great video performance, visual quality, and multi-screen
interoperability. The solution also utilizes trusted digital rights
management technology currently used by a number of online retailers
offering movies in the DivX format including WB Shop and Media Markt.
To accelerate time to market and device integration, Rovi has built out
the existing certification program used for DivX technology device
validation and compatibility -- a program that has resulted in shipment
by top-tier manufacturers of over 600 million DivX-compatible consumer
electronics devices into the market.
*"UniPhier" is a registered trademark of Panasonic Corporation
About Rovi Corporation
Rovi Corporation is focused on revolutionizing the digital
entertainment landscape by delivering solutions that enable consumers
to intuitively connect to new entertainment from many sources and
locations. The company also provides extensive entertainment discovery
solutions for television, movies, music and photos to its customers in
the consumer electronics, cable and satellite, entertainment and online
distribution markets. These solutions, complemented by industry leading
entertainment data, create the connections between people and
technology, and enable them to discover and manage entertainment in an
enjoyable form.
Rovi holds over 5,100 issued or pending patents worldwide and is
headquartered in Santa Clara, California, with numerous offices across
the United States and around the world including Japan, China,
Luxembourg, and the United Kingdom. More information about Rovi can be
found at http://www.rovicorp.com/.
The Rovi Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6482
Forward Looking Statements
All statements contained herein that are not statements of historical
fact, including statements that use the words "will" or "is expected
to," or similar words that describe the Company's or its management's
future plans, objectives, or goals, are "forward-looking statements"
and are made pursuant to the Safe-Harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that could cause the actual results of the Company to be
materially different from the historical results and/or from any future
results or outcomes expressed or implied by such forward-looking
statements. Such factors are further addressed in the Company's most
recent report on Form 10-Q for the period ended March 31, 2012 and such
other documents as are filed with the Securities and Exchange
Commission from time to time (available at www.sec.gov). The Company
assumes no obligation to update any forward-looking statements in order
to reflect events or circumstances that may arise after the date of
this release, except as required by law.
CONTACT: Chris Taylor
Rovi Corporation
408-562-3077
Chris.D.Taylor@rovicorp.com