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As the only company authorized to resell MainConcept codec SDKs to the military, aerospace and government market segments, Sensing will provide customers within these highly vertical market segments with access to MainConcept's vast library of audio and video encoding and decoding codec products.
"We have been thrilled with the depth, functionality, and performance of MainConcept's decoder and encoder offerings," said Chad Partridge, Sensing's President. "Their products complement our software, and we have a long and successful history of integrating their codecs into our Tungsten Media Toolkit. We are pleased to further our relationship by establishing a full reseller agreement with MainConcept."
"The global military, government, and aerospace markets have interested MainConcept for some time, however we have lacked the right partner to help us gain market entry," said Dirk Peters, Managing Director and VP Sales Americas of MainConcept. "With Sensing Systems as our partner, we're confident we can bring our high quality audio and video codecs to these exciting markets."
About MainConcept
MainConcept GmbH, a wholly owned subsidiary of DivX, Inc. (NASDAQ: DIVX), is one of the world's premier providers of high-quality audio and video codec solutions for consumer and professional applications. Many of the world's best consumer electronics and computer manufacturers, handheld device makers, and creative software providers rely on MainConcept embedded codec solutions to deliver a superb audio and video experience to their customers, in virtually all popular consumer formats. MainConcept also provides comprehensive encoding and decoding solutions to the broadcast and professional video industry in the form of codecs for integration into creative software suites, as well as complete after-market plug-in solutions for adding new video format support into popular Non-Linear Editing (NLE) software packages. MainConcept The Codec People(R).
About Sensing
Sensing provides products and professional services for the development of intelligence systems normally involving media management, conversion, and exploitation. Sensing works with defense, surveillance, broadcast and related industries to provide software that adheres to standards, surpasses requirements, and exhibits superior distributed design and performance. Sensing leverages its expertise in software development, advanced digital media processing, and system architecture to provide state of the art software.
Forward-Looking Statements
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 DivX, Inc.'s visibility within the investment community. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause DivX's and MainConcept's 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 DivX(R) or MainConcept technologies may not grow as anticipated; the risk that anticipated market opportunities may not materialize at expected levels, or at all; the risk that DivX's and MainConcept's activities may not result in the growth of profitable revenue; risks and uncertainties related to the maintenance and strength of the DivX and MainConcept brands; risks associated with DivX's and MainConcept's ability to penetrate existing and new markets; risks regarding the effects of competition; the risk of DivX's and MainConcept's dependence on their licensees and partners; risks related to the effect of intellectual property rights claims; and other factors discussed in the "Risk Factors" section of DivX's most recent report filed with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement. MainConcept and DivX are providing this information as of the date of this release and do not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise. All trademarks are the property of their owners and are used for informational purposes only.
SOURCE MainConcept GmbH
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