SAN FRANCISCO, March 18 /PRNewswire/ -- the good guys! (Nasdaq: GGUY),
the California based consumer electronics retailer with 76 stores in four
Western states, announced today that it will launch Divx-featured DVD players
and a broad selection of Divx movie discs in the San Francisco Bay Area when
the product is introduced this spring.
the good guys! 19 Bay Area Stores will initially carry the Zenith-Inteq
Divx-featured DVD player, shortly followed by RCA-brand models. Additional
models from Panasonic and ProScan will be added by this Fall. More than
150 Divx movie titles from Disney, Paramount, Twentieth Century Fox, Universal
and DreamWorks will be available by the end of the summer, growing to more
than 500 by next spring.
"We see Divx as a break through feature enhancement to DVD, which we so
successfully introduced in our markets a year ago. DVD, especially with the
increased versatility that the Divx technology will bring to it, is a product
with the potential to alter the way Americans watch movies at home," said
Robert A. Gunst, President and CEO of the good guys!. "We are pleased to
provide our customers, who rely on the good guys! for cutting edge features in
audio and video entertainment hardware, with an opportunity to purchase their
Divx-featured DVD players and Divx movie discs from one of the West Coast's
most trusted names in consumer electronics retailing."
"We are very pleased to have the good guys! as our partner for the launch
of Divx and are proud to have such a respected name in home electronics join
in the introduction of this exciting new product," said Richard L. Sharp,
Chairman and Chief Executive Officer of Digital Video Express, developer of
the Divx system. "Divx is built on a premise of increasing consumer
convenience, and with the good guys! as one of our partners, we assure our
West Coast customers convenient access to this exciting new home entertainment
system."
Divx is a revolutionary new system for watching feature movies at home.
Consumers purchase a special encrypted movie disc for a suggested retail price
of about $4.50. Included in the purchase price is a two-day viewing period,
but unlike videotape rentals, the viewing period does not begin when consumers
leave the store, but only when they play the disc on the Divx player for the
first time, either on the day of purchase, the next week, or months later.
Divx discs do not have to be returned, so consumers never incur late fees.
Additional viewing periods, as well as an option to convert the disc to
unlimited play, can be purchased through the Divx player over your phone line.
Divx featured players can play all basic DVD and CD software, but the modestly
priced Divx discs cannot be played on basic DVD players without the Divx
feature.
the good guys! is headquartered in the San Francisco Bay Area and is a
leading specialty retailer of high quality, brand name consumer electronics.
the good guys! has 76 stores in California, Nevada, Washington and Oregon.
SOURCE the good guys!
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CONTACT: Robert A. Gunst, President and CEO of the good guys!, 650-615-6060
CNOC: http://www.prnewswire.com or fax, 800-758-5804, ext. 108403
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