Zediva Introduces Online Movie Rental Service for New Releases

SUNNYVALE, Calif., March 16, 2011 /PRNewswire/ -- Zediva®, Inc. provides a new way for people to watch the latest popular movies online. For about the price of a cup of coffee, Zediva users have the ability to instantly watch movies as soon as they become available on DVD. Now movie aficionados can watch many movies as much as 90-180 days (or more) before they could with some other movie rental services ... and at prices as much as 60-80 percent lower than many satellite and cable providers.

As a special promotion, Zediva is offering all new users two free movies just for signing up before March 31st (one offer per household, restrictions apply).

"I love Zediva! The service lets me watch movies anywhere and whenever I want. And since I buy the package deal, I pay only $1 for newly released movies and I am not locked into a contract," said Jens Lapinski, a Zediva customer.

Using technology two years in the making, Zediva enables customers to remotely rent a DVD and a DVD player located at Zediva's Silicon Valley data center. The rental DVD can be watched instantly on a wide range of Internet-connected devices, including TVs, laptops and smart phones with high-speed connections. Users have full access to DVD controls to play, pause, rewind and fast-forward as if the player was sitting in their own living room. Unlike many other online movie rental services, Zediva offers access to additional features like multiple languages, directors' commentaries, subtitles and closed captioning.

"Until now, users had to pay premium prices or drive down to the store to rent new release movies; Zediva is designed to allow anyone to enjoy new releases at an affordable price point," said Venky Srinivasan, founder and CEO of Zediva. "Our mission is to provide immediate access to the most current and popular blockbusters."

Key Zediva features include:

• Broad Access: Compatibility with PC, Mac, Linux, Android tablets, smart phones and Google TV.
• No Rush: Ability to watch and re-watch a movie (free of charge) for up to 14 days from the time you rent it.
• Safe and Secure: Pay with credit card, e-check or PayPal™.
• Multiple Languages: Ability to watch a movie in any of the supported languages specific to its DVD (English, Spanish, French, etc.)
• Subtitles and Closed Captioning: In all languages that are supported by the DVD.

Pricing and Availability

You can sign up and rent movies right now from Zediva for $1.99 each or, for a limited time, you can buy a 10 pack for $10.

About Zediva

Zediva rents the most current and popular blockbuster movies online at affordable prices. Through innovative placeshifting technology, Zediva allows viewers to rent and instantly watch movies on DVD over the Internet. This offers viewers access to DVD features not typically found on online movie rental services.

Zediva is headquartered in Sunnyvale, California.

For all business partnerships and inquiries please e-mail us at info@zediva.com.

All company and/or product names mentioned herein are trademarks or registered trademarks of their respective owners.

SOURCE Zediva, Inc.