Visteon Brings Popular Digital Media Format to the Streets
13 October 2006 - 4:20AM
PR Newswire (US)
DVD devices that play back DivX format to be available on 2007
Volvo SUV VAN BUREN TOWNSHIP, Mich., Oct. 12 /PRNewswire/ --
Visteon Corporation (NYSE:VC) and DivX, Inc. (NASDAQ:DIVX) today
announced that the Rear Seat Entertainment System (RSE), which will
be available as an option on the 2007 Volvo XC90 sport utility
vehicle, is DivX Certified. The Visteon product is the first DVD
player factory-installed by an automaker to carry DivX
certification, which assures consumers it will play all DivX videos
correctly. (Logo:
http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) "Visteon
continues to bring the latest innovations in mobile electronics to
the automotive market," said Steve Meszaros, vice president of
Visteon's electronics product group. "DivX is an increasingly
popular technology for the on-the-go digital media lifestyle, and
we're excited to be the first to bring DivX video playback
capability to the original-equipment automotive environment." As a
DivX Certified device, Visteon's DVD player supports high quality
playback of all versions of DivX video, purchased or rented DivX
movies, and all the content available from the DivX Stage6 video
community site. Visteon's system features two seven-inch
headrest-mounted color monitors, a DVD player and two infrared
wireless headsets for a complete in-vehicle rear-seat entertainment
experience. "The Visteon player is a powerful and elegant device
that will let Volvo passengers enjoy their entire library of video
content wherever they are," said Jim Geison, senior vice president
of worldwide sales at DivX, Inc. "By achieving DivX Certification
for its player, Visteon is providing real value for the user by
ensuring compatibility with one of the most popular and widely used
digital media formats on the market." DivX Certified products
enable consumers to create, play, and share high- quality video
content across a range of devices and platforms. Products that bear
the DivX Certified logo have undergone rigorous testing to ensure
interoperability and visual quality. More than 46 million DivX
Certified devices have been shipped worldwide. To learn more about
the DivX Certification program for consumer electronics devices,
visit http://www.divx.com/certification . Visteon provides advanced
in-vehicle entertainment, driver information and wireless
connectivity products globally. Its electronic product lines
include audio systems, driver information systems and infotainment
-- information, entertainment and multimedia. Visteon Corporation
is a leading global automotive supplier that designs, engineers and
manufactures innovative climate, interior, electronic and lighting
products for vehicle manufacturers, and also provides a range of
products and services to aftermarket customers. With corporate
offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and
Kerpen, Germany; the company has more than 170 facilities in 24
countries and employs approximately 49,000 people. About DivX 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 180 million times in
the last four years, including over 50 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. We distribute this software from our website,
http://divx.com/ , which was visited on average by over five
million unique visitors per month during the second quarter of
2006. We also license our technologies to consumer hardware device
manufacturers and certify their products to ensure the
interoperable support of DivX-encoded content. Over 46 million DivX
Certified hardware devices have been shipped worldwide, including
over 10 million devices reported to us by our customers during the
second quarter of 2006. In addition to technology licensing to
consumer hardware device manufacturers, we currently generate
revenue from software licensing, advertising and content
distribution.
http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO DATASOURCE:
Visteon Corporation CONTACT: Julie Vangel, +1-734-710-5589, , or
Jonna Christensen, (+44) 1268-701094, , both of Visteon Corporation
Web site: http://www.visteon.com/ http://divx.com/
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