On2 Launches VP7 Codec and TrueCast 8 Client/Server

On2 Launches VP7 Codec and TrueCast 8 Client/Server

Public Release of New Codec Software Provides Quality Advantage of 30% Over Competitors

NEW YORK, March 9 /PRNewswire-FirstCall/ -- On2 Technologies, Inc., The Duck Corporation, today announced that it has launched its TrueMotion VP7 codec software.

The new codec software is available as a Video for Windows (VFW) plugin or integrated with the On2CompI Encoder application.

On2 is offering 10-day trial downloads for both encoding products so customers can test the software before deciding to purchase. These downloads are available at the company's website, http://www.on2.com/. Licenses for the software are for sale in On2's online store, also at http://www.on2.com/. The company is selling personal-use as well as small business and enterprise licenses.

On2's internal testing found that the TrueMotion VP7 encoder produces results that are up to 30% better than its current flagship VP6 product and up to 35% better than Windows Media 9, Real 10, and most implementations of H.264. Test results and clips using VP7 are also available at the On2 website.

The company also released its new TrueCast 8 Server and TrueCast 8 Player for Windows software. The TrueCast 8 products are designed to work with the TrueMotion VP7 codec but are also backwardly compatible with previous versions of TrueMotion. The TrueCast 8 Player software is available for free at http://www.on2.com/.

"After nearly two years of work, we have produced a codec and compression software that will allow businesses and consumers to get better quality video at lower datarates than any other codec technology available on the market today," said Eric Ameres, On2's Executive Vice President and Chief Technology Officer.

"Enterprise license costs will continue to be competitive with other companies in our business and our personal use license fees should make this codec accessible to anyone who wishes to use it for compressing their own content," added Tim Reusing, On2 Executive Vice President of Business Affairs.

"We have continued to innovate in the codec space," said Douglas A. McIntyre, On2's Chairman, President and Chief Executive Officer. "While other companies have slowed or halted the improvements of their products, we continue to believe that improvement is core to adoption of video on PCs, portable devices, in cars, and in enterprises that use video for surveillance, conferencing and other business-to-business applications. For these, having the best product means a great deal to the user."

About On2 Technologies, The Duck Corporation

On2 Technologies (AMEX:ONT) is a leading technology firm at the forefront of video compression. The company revolutionized digital media delivery with the creation of its advanced full-motion, full-screen, TrueMotion(R) VP4/VP5/VP6 compression and streaming technologies. On2's TrueMotion codecs are used extensively in the video-on-demand, videoconferencing, Internet media, surveillance, and store-and-play markets. They operate with On2's own TrueCast Server and Player software, as well as third-party player and server products. On2's software is used by such leading companies as Sony, NTT, AOL, BBC, ABC News, Nullsoft, SeaChange International, China Netcom, NHK, and Nanwang Multimedia. The VP6 decoder has an installation base of millions through its inclusion in AOL 9 Media Player, Winamp 5, Viewpoint Media Player, and others. On2 licenses its software for use in set-top boxes, consumer electronics devices and wireless applications and offers high-level video encoding, customized technical support, and consulting/integration services. Located in New York City, the company has an office in Clifton Park, NY, and operations in Cambridge, UK. To contact On2 write to sales@on2.com or visit http://www.on2.com/.

Source: On2 Technologies, Inc.

CONTACT: Tim Reusing of On2 Technologies, Inc., +1-646-292-3533

Web site: http://www.on2.com/

-------
Profile: intent