NEULION, INC. T.NLN

Neulion Licences DivX to Broadcom

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NeuLion Licenses DivX(R) SDK to Broadcom Corporation to Deliver Platform-Powered Live Streaming on Set-Top Boxes DivX SDK Helps Accelerate Ultra HD/4K Live Sports Video Streaming Services on Living Room Devices PLAINVIEW, NY--(Marketwired - September 11, 2015) - NeuLion, Inc. (TSX: NLN), a leading technology product and service provider that specializes in the digital video broadcasting, distribution and monetization of live and on-demand content to Internet-enabled devices, announced that is has licensed its DivX Consumer Electronics (CE) SDK to Broadcom. The DivX SDK implements the MPEG-DASH standard with additional features for live, high action sports and enhanced security for 4K Ultra HD (UHD) movies. This will be demonstrated on a Broadcom chipset in NeuLion's booth at IBC 2015, making Broadcom the first to show support for live UHD/4K OTT services powered by the NeuLion Digital Platform. NeuLion's DivX technology platform helps Broadcom deliver a new generation of set-top boxes to support OTT video services that stream live and on-demand sports and premium entertainment up to 4Kp60. The NeuLion Digital Platform leverages newly acquired technologies, including the DivX consumer electronics licensing and certification program, DivX DRM technology and leading streaming solution featuring HEVC and DASH to power encode, delivery and playback of premium sports and entertainment content up to 4K for the world's top content rights holders and sports leagues. Each DivX Certified device is tested against the same MainConcept encoders and profiles used by the NeuLion Digital Platform to ensure the best user experience with the most popular, live sports services. "Broadcom is no stranger to bringing new solutions to the market. This next series of Broadcom chipsets enables live and on-demand 4K video streaming with framerates up to 60p to set-top boxes, and will clear the path to new 4K live streaming services powered by the NeuLion Digital Platform on living room devices," said NeuLion CEO Dr. Kanaan Jemili. "Broadcom was first with Ultra HD silicon and DivX HEVC certified chipsets. We continue to work with leading customers like NeuLion to deliver Ultra HD definition content to the subscriber's home. NeuLion delivers some of the highest quality 4K video streams available to consumers in an OTT environment," said Broadcom Sr. Director, Product Marketing Stuart Thomson. To date, more than one billion DivX devices, including over 41,000 unique models, have shipped worldwide from multiple major consumer electronics brands. DivX, LLC received a 2014 Best Ultra HD Codec award from Ultra HDTV Magazine for its DivX 10 software and MainConcept HEVC SDK. NeuLion will be showcasing live demonstrations of its services on a Broadcom-based set-top box at IBC 2015, including. Visit NeuLion in Hall 14 Stand F34. NOTE TO EDITORS: To book a media briefing with NeuLion at IBC 2015, please contact Solange Jacobs Randolph at [e-mail]. About NeuLion NeuLion, Inc. (TSX: NLN) offers solutions that power the highest quality digital experiences for live and on-demand content up to 4K on any device. Through its end-to-end technology platform, NeuLion enables digital content management, distribution and monetization for content owners worldwide including the NFL, NBA, World Surf League, Univision Deportes, Euroleague Basketball and others. With the recent acquisition of DivX, LLC, NeuLion also operates a robust consumer electronics licensing business that has enabled over 1 billion devices worldwide with secure, high-quality video playback, and delivers a DivX consumer software offering that has been downloaded over 1 billion times. NeuLion's customers include major sports, entertainment and global content companies as well as major consumer electronics manufacturers and software companies. NeuLion is headquartered in Plainview, NY. For more information about NeuLion, visit www.NeuLion.com. 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, as amended, which is available on www.sec.gov and filed on www.sedar.com. PRESS CONTACT: Solange Jacobs Randolph [phone] Email contact INVESTOR RELATIONS CONTACT: LHA Ed McGregor/Jody Burfening + 1 [phone] Email contact Source: Marketwired (Canada) (Sep 11, 2015 01:30:04 EDT) News by QuoteMedia www.quotemedia.com