Divx Opens Video Vault

“DivXNetworks, the company that created the revolutionary, patent-pending DivX video compression technology today announced that X Software, a leading provider of DVD and video software, will use DivX video compression technology to allow consumers to archive video in their newly launched Video Vault product.

“X Software has created a unique software product,” said DivX’s Chief Operations Officer Kevin Hell. “Video Vault allows consumers to import, convert, and organise their video library using high-quality, highly compressed DivX technology and export those videos back on a wide variety of devices including DivX Certified DVD players, Portable Video Players, Wireless Media Servers and more.”

You can find more out about this at DVDXSoftware.