Unedited press release follows:
Corel and sMedio Reach Definitive Agreement for Licensing and Distribution of WinDVD
SANTA CLARA, Calif. and TOKYO, Oct. 17, 2012 — sMedio Inc.,a leading developer and provider of wireless content mobility, streaming and playback solutions, today announced that it has entered into a global partnership with Corel to license and distribute its award winning WinDVD, BD and DVD playback software. The agreement grants sMedio development rights for WinDVD, as well as multi-channel sales and distribution rights.
In addition, the partnership will initiate a strategic sales alliance that leverages the complementary strengths each company has in different regions and channels.
“We’re pleased to be collaborating with sMedio, so that we can continue enriching consumers’ video playback experience with WinDVD,” said Matt DiMaria , VP and GM Digital Media at Corel. “Our partnership will help ensure WinDVD remains the number one choice for consumers wishing to enjoy the latest Hollywood blockbusters online or on DVD or Blu-ray. We look forward to working with sMedio to help set a strong foundation for continued growth and innovation.”
“We are excited to establish this strategic partnership with Corel and will continue to invest in the DVD/BD playback area with WinDVD as a strategic complement to our core streaming and data mobility solutions,” said sMedio CEO, Shunsuke Tanaka . “The ability to further develop a very strong WinDVD brand and include it as part of our portfolio of leading edge products significantly enhances our offering to our current OEM customers.”
Initiatives resulting from this partnership are expected to be introduced to the market towards the end of 2012.
With headquarters in Tokyo, sMedio Inc. is a leading, global developer and provider of wireless content mobility, streaming and playback solutions. With its range of patented and patent pending technology, the Company’s product lines include both consumer applications and enabling technologies sold to a range of top tier customers, including PC OEMS; mobile handset OEMs, carriers, CE OEMs and other services providers.
Corel is one of the world’s top software companies with more than 100 million active users in over 75 countries. Through the years, we’ve built a reputation for delivering innovative, trusted products that are easy to learn and use, helping people achieve new levels of productivity. The industry has responded with hundreds of awards for software innovation, design and value.