Novatek Adopts DivX Plus Streaming
New Processors for Flat-Panel TVs to Support Rovi's Advanced Adaptive Streaming Format and the Delivery of a Consistent, High-Quality Digital Streaming Media Experience
LAS VEGAS, Jan. 9, 2013 (GLOBE NEWSWIRE) -- (CONSUMER ELECTRONICS SHOW 2013) -- Rovi Corporation (Nasdaq:ROVI), driving digital entertainment innovation, today announced that Novatek Microelectronics Corp. is set to integrate DivX Plus Streaming® technology into its upcoming SOC product designed to deliver an optimal balance of features and performance for the high-volume DTV segment. The inclusion of DivX Plus Streaming will enable CE manufacturers to rapidly deploy devices compatible with a range of video services from retailers, operators, and content owners and deliver a more advanced streaming experience to consumers.
The adaptive streaming solution, DivX Plus Streaming, not only dynamically adjusts streams to help deliver maximum visual quality based on available bandwidth, but also offers an advanced feature set with support for 1080p, subtitles, multiple language tracks, and trick-play functions such as smooth fast forward and rewind. DivX Plus Streaming expands the value of the already popular DivX Plus® HD Certification program, which brings these same advanced multimedia features to 'download to own' video content.
"Our advanced multimedia solutions provide designers with an abundant array of features for a wide range of applications in Set Top Boxes and DTVs," said J. H. Chang, Senior Vice President of Novatek. "DivX Plus Streaming enhances this feature set and will help our customers deliver an optimized and trouble-free over-the-top entertainment experience."
"Integration into Novatek SOCs represents another major milestone for DivX Plus Streaming and will result in broader access to richer entertainment experiences for more consumers," said Simon Adams, SVP, Sales and Marketing, Consumer Electronics, Rovi Corporation. "DivX Plus Streaming is part of a broader range of solutions we are developing to advance the entertainment experience for consumers and provide our customers with the solutions they need to drive product satisfaction and over-the-top service usage."
To develop DivX Plus Streaming, Rovi built upon core DivX® technologies recognized by millions of consumers around the world for delivering great video performance, visual quality, and multi-screen interoperability. DivX Plus Streaming Certification rigorously tests and validates interoperability between entertainment services and devices to ensure an optimal consumer experience. DivX Plus Streaming expands the value of the popular DivX and DivX Plus® HD Certification programs, which first brought advanced multimedia features to 'download to own' video content and have resulted in the shipment of more than 750 million consumer electronics devices by top-tier manufacturers.
Novatek Microelectronics Corp. is a world-class leader in developing and delivering innovative flat-panel display driver ICs and SoC solution and services based on its advanced technologies. Headquartered in Hsinchu Science-based Industrial Park, Taiwan, Novatek is Taiwan's second largest fables-chip design company traded on Taiwan Stock Exchange market with the stock code: 3034.
About Rovi Corporation
Rovi powers the discovery, delivery, display and monetization of digital entertainment. With innovative technology solutions for consumer electronics manufacturers, service providers, content producers, advertisers, retailers and websites, Rovi connects people and the entertainment they love. The company holds over 5,000 issued or pending patents worldwide and is headquartered in Santa Clara, California. More information about Rovi can be found at rovicorp.com.
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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 September 30, 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