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DivX Certified KiSS DP-500 Networked DVD Player Now Available for Sale on DivX.com

SAN DIEGO, MILPITAS, Calif., & HORSHOLM, Denmark--(BUSINESS WIRE)--Aug. 12, 2003--The first officially DivX Certified(TM) DVD player, the KiSS DP-500, is now available for sale on www.divx.com. The DP-500, powered by the EM8550 DVD processor from Sigma Designs (Nasdaq: SIGM), is a revolutionary network-connected DVD player from KiSS Technology that is capable of playing back DivX video, including versions 3.xx, 4.xx and 5.xx. DivX.com is the first retail channel in the United States to offer the DP-500 for sale at the price of U.S. $299.

The "DivX Certified" badge ensures consumers that a device will play back DivX® video content (including DivX 3.11) at the highest possible level of visual quality. The KiSS DP-500 is the first network-capable DVD player to offer DivX playback, enabling users to download DivX content from the Internet and then play it directly on a television.

"We're very excited to bring our users the first DivX Certified DVD player on DivX.com in the form of the KiSS DP-500, which is the kind of next-generation connected device that will help shape the future of consumer electronics," said Jordan Greenhall, CEO and co-founder of DivXNetworks Inc. "We created the DivX Certified process to bring consumers, content providers and CE companies together to facilitate real convergence and meet global demand. Devices like the DP-500 will empower our users to create, distribute and enjoy their video content on a variety of devices and platforms throughout the connected home."

In addition to supporting DivX video technology, the DP-500 offers a number of cutting-edge features, including progressive scan, Ethernet 10/100, Internet radio streaming, PC-Link, support for DVD, SVCD, VCD, CD, MP3, Ogg Vorbis, CD-RW & DVD-RW/+RW playback, and a photo album feature that enables users to view digital photos on a television.

"We are excited to work with DivXNetworks as our first retail channel for the U.S. market, which highlights the significance of our DP-500 as the first DivX Certified DVD player," said Peter Wilmar Christensen, CEO of KiSS Technology. "Our team has worked diligently to create an innovative next-generation DVD player that sets a new standard for networked consumer products, and we look forward to bringing that device to the worldwide community of video enthusiasts and early adopters in the DivX community."

"The KiSS DP-500 is an ideal device for consumers who have been anxiously awaiting high-quality products that will enable them to bring their DivX content beyond the PC to their living rooms," said Ken Lowe, vice president of strategic marketing of Sigma Designs.

To learn more about the DivX Certified program, visit www.divx.com/divxcertified. For more information on the KiSS DP-500, visit http://www.divx.com/hardware/detail.php?id=55.

About DivXNetworks

DivXNetworks is a consumer-focused video technology company positioned at the center of multimedia convergence. The company's core offering is the DivX® video codec, the world's most popular MPEG-4 compatible video compression technology with over 85 million users worldwide. Often called "the MP3 of video," the patent-pending DivX video technology offers DVD-quality at 10 times greater compression than MPEG-2 files, enabling full-length films to easily fit on a CD or be delivered over broadband connections. DivX video technology powers a range of applications that span the convergence value chain, from a secure IP-based video-on-demand solution to next-generation consumer electronics products and video software applications. DivXNetworks has headquarters in San Diego, and satellite offices in Los Angeles and San Jose, Calif., Taipei, Taiwan, and Dortmund, Germany. For more information, visit http://www.divxnetworks.com.

About KiSS Technology

KiSS Technology A/S was founded in 1994 and has established itself as one of the leading manufacturers of DVD products and DVB-receivers throughout the world. KiSS Technology headquarters is in Hoersholm, Denmark. KiSS Technology A/S has four principal activities: DVD solutions, Plasma and TFT Displays, DVB solutions and distribution of multimedia products. Visit the company's Web site at www.kiss-technology.com/.

About Sigma Designs Inc.

Sigma Designs specializes in silicon-based MPEG decoding for streaming video, progressive DVD playback and advanced digital set-top boxes. The company's award-winning REALmagic® Video Streaming Technology is used in both commercial and consumer applications providing highly integrated solutions for high-quality decoding of MPEG-1, MPEG-2 and MPEG-4. With headquarters in Milpitas, Calif., the company also has sales offices in China, Europe, Hong Kong, Japan, Korea and Taiwan. For more information, visit the company's Web site at www.sigmadesigns.com/.


Contact:

     DivXNetworks
     Tom Huntington, 858-909-5358
     thuntington@divxnetworks.com
         or
     KiSS Technology
     Bo Lustrup, +45 45 17 00 80
     blu@kiss-technology.com
         or
     Sigma Designs
     Stephanie Porter, 408-957-9758
     Stephanie_porter@sdesigns.com

Source: DivXNetworks

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