PLAINVIEW, NY --(Marketwired - April 30, 2015) - NeuLion , Inc. (
"Licensing DivX's HEVC solution for the latest release of our encoding software means that we have widened the breadth and depth of our product offering, putting us a step ahead of the competition. By bringing 4K video creation in reach of our users, we're delivering an augmented experience by meeting the increasing demand for content across new Ultra HD devices," commented Tak Ebine, CEO, PEGASYS.
A comprehensive encoding solution for popular video formats, TMPGEnc Video Mastering Works 6 provides a rich feature set. Users can import, edit and encode their videos, add clips in any format, and delete unwanted scenes. They can correct and enhance their video and audio and encode it specifically to the format of their choice using custom settings or templates for popular formats. With DivX HEVC profiles integrated, end users will enjoy up to 30-45 percent bitrate savings over H.264 video.
"We're delighted to welcome PEGASYS onto the expanding list of partners that have adopted the DivX HEVC profile to deliver a higher quality video experience to consumers," said NeuLion CEO Dr. Kanaan Jemili. "We take great pride in developing the latest video offerings that showcase the power of HEVC with its 30-45 percent bitrate savings over H.264, to drive high-quality video experiences to a range of home and mobile devices."
The DivX HEVC solution integrates the MainConcept® HEVC SDK and is designed to accelerate the adoption of the latest compression standard across the entire video distribution chain, including the creation, delivery and multi-screen playback of high-quality content. The DivX HEVC solution continues to deliver industry-leading encoding quality and decode performance. In internal company benchmark tests, DivX HEVC achieves 30-45 percent bitrate savings over H.264. The patent-pending Smart Adaptive Bitrate Encoding Technology (SABET™) achieved more than a 30 percent performance gain with transcoding adaptive formats such as DivX HEVC adaptive streaming.
About PEGASYS Inc. PEGASYS Inc. takes video to the next level. Headquartered in Tokyo, Japan, PEGASYS was established in November 2001 with the release of TMPGEnc Plus -- probably the world's most popular MPEG-1/2 video encoding software and at the time, was the only freeware video encoder. The company's two flagship products, the TMPGEnc Video Mastering Works 6 video encoder and TMPGEnc Authoring Works 5, anchor a strong line of retail and OEM digital video editing and encoding products for home and professional users. The recognized leaders in developing quality video encoding tools for MPEG applications, PEGASYS Inc.'s encoding technology is also incorporated into numerous commercial and professional video editing and DVD-creation software products. For information about PEGASYS Inc. and its products, visit www.pegasys-inc.com .
About NeuLion
NeuLion, Inc. (
Forward-Looking Statements Certain statements herein are forward-looking statements and represent NeuLion's current intentions in respect of future activities. Forward-looking statements can be identified by the use of the words "will," "expect," "seek," "anticipate," "believe," "plan," "estimate," "expect," and "intend" and statements that an event or result "may," "will," "can," "should," "could," or "might" occur or be achieved and other similar expressions. These statements, in addressing future events and conditions, involve inherent risks and uncertainties. Although the forward-looking statements contained in this release are based upon what management believes to be reasonable assumptions, NeuLion cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and NeuLion assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Many factors could cause NeuLion's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including: our ability to derive anticipated benefits from the acquisition of DivX; our ability to successfully integrate the operations of DivX; our ability to realize some or all of the anticipated benefits of our partnerships; general economic and market segment conditions; our customers' subscriber levels and financial health; our ability to pursue and consummate acquisitions in a timely manner; our continued relationships with our customers; our ability to negotiate favorable terms for contract renewals; competitor activity; product capability and acceptance rates; technology changes; regulatory changes; foreign exchange risk; interest rate risk; and credit risk. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. A more detailed assessment of the risks that could cause actual results to materially differ from current expectations is contained in the "Risk Factors" section of NeuLion's Annual Report on Form 10-K for the fiscal year ended December 31, 2014, which is available on www.sec.gov and filed on www.sedar.com .
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