San Diego, CA and Hψrsholm, Denmark-DivXNetworks, Inc, the company that created the revolutionary patent-pending DivX video compression technology, and KiSS Technology, a leading Scandinavian manufacturer of DVD products throughout the world, today announced that the DP-450 from KiSS Technology is the first DVD player to offer compatibility with certain versions of DivX video technology. The KiSS DP-450, set for release in late October, will enable playback of videos encoded in DivX versions 4.xx and 5.xx. Additionally, the two companies are working closely together to develop future products that will be "DivX Certified" and offer full compatibility with all versions of DivX video. DivX video compression technology, often called the "MP3 of video," offers 7-10 times greater compression than MPEG-2 technology with no loss in visual quality. Hailed as a "revolutionary product" by Tom's Hardware Guide, DivX has been downloaded over 70 million times worldwide.

"Our new progressive Scan DP-450 DVD Player with DivX support is hitting the market exactly at the right time and the right price of EUR400. We believe that it is important to offer our users support for DivX video above and beyond other video technologies for a number of reasons," said Bo Lustrup, Marketing Manager at KiSS Technology (www.kiss-technology.com). "The incredible visual quality, significant brand equity, and vast global demand for DivX video makes the technology a must-have for next-generation video electronics devices, and the addition of DivX compatibility to the DP-450 will give our product a significant competitive advantage in the marketplace."

"As the first DVD player to support DivX playback, the DP-450 is a significant development for consumers, and we look forward to working with KiSS Technology to ensure full DivX compatibility in future products," said Jordan Greenhall, CEO and co-founder of DivXNetworks (www.divxnetworks.com). "The global DivX community has been anxiously awaiting next-generation devices that support DivX video, and the coming year will see the explosion of DivX technology in the consumer electronics space across a wide range of products."

The KiSS DP-450, manufactured and designed in Scandinavia, was designed to provide consumers with the highest-quality picture and sound. In addition to DivX compatibility, the DP-450 offers a groundbreaking progressive scan technology that enhances the visual experience, MPEG-4 support, a unique MP3 playback and user interface and a photo album feature for digital photo collections. The KiSS DP-450 also comes complete with the standard CD/MP3, CD-RW, SVCD, VCD and DVD-RW Playback offered by its predecessor, the award winning DP-330. For more information, visit www.kiss-technology.com.