SAN DIEGO, July 27 /PRNewswire-FirstCall/ -- DivX, Inc.
(Nasdaq: DIVX), a leading digital media company, announced today
that it will issue its earnings release for the second quarter 2010
after the market close on Wednesday, August
4, 2010.
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DivX management will host a conference call and simultaneous
audio webcast to discuss its second quarter 2010 results on
August 4, 2010 at 1:30 p.m. Pacific Time or 4:30 p.m. Eastern Time. To participate in
the call, please dial (877) 303-3149 or outside the U.S. (408)
427-3857 to access the conference call at least five minutes prior
to the start time. A live audio webcast will be available on the
Events and Presentations page at http://investors.divx.com.
An audio replay of the earnings conference call will be
available between 7:30 p.m. Eastern
Time August 4, 2010 and
Midnight, Eastern Time August 11,
2010 by calling (800) 642-1687 or (706) 645-9291, with
passcode 90715543.
In addition, the DivX and Sonic Solutions (Nasdaq: SNIC)
management teams will host a conference call and simultaneous
webcast to update shareholders on the proposed merger transaction
between the two companies at 2:30 p.m.
Pacific Time or 5:30 p.m. Eastern
Time on August 4, 2010.
To participate on this call, please dial (877) 293-5493 or
outside the U.S. (914) 495-8539 to access the conference call.
A live audio webcast will be available on the Events and
Presentations page at http://investors.divx.com.
An audio replay of the proposed merger update call will be
available between 10:30 p.m. Eastern
Time August 4, 2010 and
Midnight, Eastern Time August 11,
2010 by calling (800) 642-1687 or (706) 645-9291,
with passcode 90811287.
About DivX, Inc.
DivX, Inc. is a leading digital media company that enables
consumers to enjoy a high-quality video experience across any kind
of device. DivX creates, distributes and licenses digital video
technologies that span the "three screens" comprising today's
consumer media environment--the PC, the television and mobile
devices. Over 300 million DivX devices have shipped into the market
from leading consumer electronics manufacturers. DivX also offers
content providers and publishers a complete solution for the
distribution of secure, high-quality digital video content. Driven
by a globally recognized brand and a passionate community of
hundreds of millions of consumers, DivX is simplifying the video
experience to enable the digital home.
On June 2, 2010, DivX, Inc. and
Sonic Solutions announced a proposed merger transaction.
Sonic Solutions has filed with the Securities and Exchange
Commission (the "SEC") a registration statement on Form S-4
containing a preliminary joint proxy statement/prospectus in
connection with the proposed merger and both companies intend to
mail a definitive joint proxy statement/prospectus and other
relevant documents to Sonic and DivX shareholders following such
time that the registration statement is declared effective by the
SEC.
Additional Information
This press release is not a solicitation of a proxy, an offer to
purchase, nor a solicitation of an offer to sell shares of Sonic
Solutions, and it is not a substitute for any proxy statement or
other filings that may be made with the SEC with respect to the
merger. In connection with the proposed merger, Sonic
Solutions has filed a registration statement on Form S-4 containing
a joint proxy statement/prospectus of Sonic Solutions and DivX.
Investors and security holders are urged to carefully read the
Registration Statement on Form S-4 and related joint proxy
statement/prospectus and other documents filed with the SEC by
Sonic Solutions and DivX, because they contain important
information about Sonic Solutions, DivX and the proposed
transaction, including with respect to risks and uncertainties that
could delay or prevent the completion of the transaction. Such
documents are available free of charge at the SEC website
(www.sec.gov), from Sonic Solutions and its corporate website
(www.sonic.com) or from DivX and its corporate website
(www.divx.com).
Sonic Solutions, DivX and their respective directors, executive
officers and other members of their management may be deemed to be
soliciting proxies from shareholders of Sonic Solutions or DivX in
favor of the merger. Investors and stockholders may obtain more
detailed information regarding the direct and indirect interests in
the merger of persons who may, under the rules of the SEC, be
considered participants in the solicitation of these shareholders
in connection with the merger by reading the joint proxy
statement/prospectus described above. Additional information about
the directors and executive officers of Sonic Solutions may be
found in its definitive proxy statement filed with the SEC on
October 1, 2009. Additional information about the directors
and executive officers of DivX may be found in its definitive proxy
statement filed with the SEC on April 20, 2010. Such documents
are available free of charge at the SEC website (www.sec.gov), from
Sonic Solutions and its corporate website (www.sonic.com) or from
DivX and its corporate website (www.divx.com).
SOURCE DivX, Inc.