On2 Technologies Releases New Products

On2 Technologies Releases New Products Company to Sell Video Collaboration, Small Business, and Personal Java Video Solutions Online NEW YORK, Dec. 16 /PRNewswire-FirstCall/ -- On2 Technologies (AMEX:ONT) today announced that it will sell three new products: The On2 VP6 Communicator, the On2 Small Business Solution, and the On2 Personal Java Solution. The On2 VP6 Communicator is an innovative multimedia application that combines On2's revolutionary TrueMotion VP6.2 video compression with cutting- edge collaboration tools. Through an intuitive user interface, the Communicator brings the power of interactive audio/video, text chat, real-time desktop application sharing, file transfer, and multi-party conferencing directly to users, all over a regular broadband connection. In addition, the Communicator manages user authentication and includes a helpful setup utility that tests user's multimedia hardware. The On2 VP6 Communicator is being offered through a partnership with Gatelinx Corporation. The On2 VP6 Communicator is offered on a subscription basis. The Enterprise Edition includes the full feature set and is priced at $29.95 per month. The Consumer Edition offers only the audio/video and text chat features and is priced at $6.95 per month. Users can also download a 30-day free trial version of the Communicator at http://www.on2.com/. The On2 Small Business Solution is a suite of products aimed at small- to mid-sized organizations who want a solution for streaming high-quality TrueMotion video at a moderate price. Organizations who buy the On2 Small Business Solution are granted commercial licenses for the On2CompI professional encoding software, a 25-stream version of the On2 TrueCast Server software, and unlimited free distribution of the On2 TrueCast Player software for Windows. Using these three components, organizations can encode and serve AVI files as well as employ the exceptional real-time encoding/streaming capabilities of TrueMotion VP6.2. The On2 Small Business Solution is priced at $199.95. The On2 Personal Java Solution makes it easy for people to embed TrueMotion video files directly into their Web pages. It combines the power of the On2CompI professional video encoding application with the simplicity of the On2 TrueMotion Streaming Java Applet software. Since the Streaming Applet loads in the background when a user visits the Web page, no obtrusive player software installation is required. The On2 Personal Java Solution includes one license for On2CompI and permits unlimited distribution of the Applet for personal use. The On2 Personal Java Solution is priced at $29.95. "These new products make TrueMotion VP6.2 -- the best-quality video on the market -- available to small businesses and consumers," said Douglas A. McIntyre, On2's Chairman, President, and CEO. "They give On2 exposure in entirely new markets for us. By offering bundled solutions at moderate price points, we will increase our sales volume, particularly through our online store. We're especially excited about the On2 VP6 Communicator and want to thank our partners at Gatelinx for their help in developing it. This product really raises the bar for video in messaging software. We invite people to download the Communicator Trial Version themselves from on2.com and see the difference that VP6.2 makes in real-time video applications." All of the new products are available immediately in the On2 Online Store. On2 will support all of these products with targeted advertising and promotion. For more information about the products, or to purchase products online, visit http://www.on2.com/. 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 CONTACT: Tim Reusing, On2 Technologies, +1-646-292-3533 Web site: http://www.on2.com/ ------- Profile: International Entertainment