Just like you never want to hear a doctor say "oops" in the operating room, you never want to see a going-concern statement in a financial report about a company you own. Accountants throw these in when they've been over the books, talked to customers, and checked the horoscopes and have concluded there is "substantial doubt" about a company's ability to remain in business. In short, don't blame the accountants if the company files for bankruptcy protection.

You¿d reckon that a going-concern statement would be enough to send investors running to the exits, but it's not. True, many large institutions automatically bail when an existing company gets slapped with one of these, but many individuals (often wrongly) take a chance they know more than the bean counters.

During the tech boom of the late 1990s, many companies actually went public even though they had been hit with going-concern statements. Many of those companies subsequently disappeared. Enough said.

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Monday, July 28, 2008

Samsung INNOV8, An 8-Megapixel Camera Phone, is Certified for DivX(R) Video Playback

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Comtex

SAN DIEGO & SEOUL, South Korea, Jul 28, 2008 (BUSINESS WIRE) ----DivX, Inc. (NASDAQ:DIVX), a digital media company, today announced certification of the Samsung INNOV8 (Model name: i8510; pronounced (in-uh-veyt)), the fifth DivX Certified(R) handset by Samsung Electronics Co.

DivX enables a high-quality media experience for consumers by making it easy to transfer video content from the PC to the mobile environment and beyond. The Samsung INNOV8 boasts DivX video playback capability, an 8-megapixel camera, and high-capacity 16GB internal memory and TV-out, allowing users of this advanced-feature phone to seamlessly view their high-quality images and DivX video when and where they choose. The Samsung INNOV8 runs on Symbian S60, the market-leading operating system for smart phones, and is the first Symbian-based mobile device to achieve DivX Certification(TM).

"Samsung INNOV8 users value video and image quality on their devices, and Samsung is dedicated to upholding their expectations of a superior multimedia experience," said Younghee Lee, Vice President of Samsung Mobile Marketing Group. "Expanding the offering of Samsung mobile phones with DivX technology allows us to provide consumers with advanced media features and reliable high-quality."

"We are extremely pleased that Samsung considers DivX a key feature on their cutting-edge, advanced mobile phones," said Kevin Hell, Chief Executive Officer at DivX, Inc. "DivX technology allows users to enjoy the same quality video they get on their PCs or in the living room on their mobile devices. The Samsung INNOV8 combines high-quality DivX video, high-resolution still images and advanced user features to allow consumers to do more with their media."

Products that bear the DivX Certified(R) logo have undergone a rigorous testing program to ensure a high-quality DivX media experience, including reliable video creation and playback, interoperability with other DivX Certified devices, and the visual quality users expect from DivX.

For more information on Samsung Mobile, visit www.samsungmobile.com. For more information on DivX, visit www.divx.com.

About DivX, Inc.

DivX, Inc. is a 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 100 million DivX Certified 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.

About Samsung Electronics

Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2007 consolidated sales of US$103.4 billion. Employing approximately 150,000 people in 134 offices in 62 countries, the company consists of four main business units: Digital Media Business, LCD Business, Semiconductor Business, and Telecommunication Business. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.

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's visibility within the investment community. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause DivX'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 technology may not grow as anticipated; the risk that anticipated market opportunities may not materialize at expected levels, or at all; the risk that the Company's activities may not result in the growth of profitable revenue; risks and uncertainties related to the maintenance and strength of the DivX brand; risks associated with DivX's ability to penetrate existing and new markets; risks regarding the effects of competition; DivX's dependence on its licensees and partners; 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 on May 12, 2008. All forward-looking statements are qualified in their entirety by this cautionary statement. DivX is providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.

SOURCE: DivX, Inc.

DivX, Inc. Media Contact: Jon Paul McLeary, 858-882-6425 Jpmcleary@divxcorp.com or Investor
   Contact: Karen Fisher, 858-882-6415 kfisher@divxcorp.com

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