On2's Open Source Personal Video Recorder Technology, VPVision, Now Available to Open Source Community.Business/High Tech EditorsNEW YORK--(BUSINESS WIRE)--April 10, 2002 VPVision Can Be Accessed at www.on2.com/vpvision/ On2 Technologies On2 Technologies ((AMEX:ONT)), formerly known as The Duck Corporation, is a small publicly-traded company (on the American Stock Exchange) that designs proprietary and standards-based video codec technology. Inc., The Duck Corporation (AMEX AMEX See: American Stock Exchange :ONT ONT Ontario (old acronym - ON is now frequently used) ONT Optimizing Converged Cisco Networks (cisco CCNP exam) ONT Optical Network Terminal ONT Ontario Northland Railway ), the industry leader in compression technology, announced today that VPVision, the company's digital video recording software, which can be used to power Personal Video Recorders (known as PVR See DVR. devices), is in beta release. VPVision is available for free download at www.on2.com/vpvision/ with a free source code license to be made available soon. VPVision, a personal software video recording utility initially targeted for the PC, has been integrated with On2's popular open-source VP3 video compression technology and Xiph.org's open-source Vorbis audio. On2 is positioning VpVision for use in consumer electronic appliances, such as set-top boxes and personal video recorders (PVR). PVR's can effectively eliminate the need for VCR's and videotapes by recording programming directly to a hard drive. Some benefits include time shifting, wherein consumers can record programs and watch them at their leisure, skipping commercials, archiving programs and pausing live video. "VpVision represents our continued commitment to open-source software. This will be the first full-featured suite of video capture and PVR software tools for which every line of source code, including video and audio codecs, is available to everyone, free of charge," said Dan Miller, Founder and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. of On2. "We look forward to contributions and enhancements from the open-source community." About On2 Technologies, The Duck Corporation On2 Technologies (AMEX:ONT) is a leading technology firm at the forefront of video compression. The Company revolutionized video encoding with the creation of its advanced full-motion, full-screen, video compression and streaming technology (TrueMotion(R) VP3/VP4/VP5). On2 licenses its high quality video codecs for use in set-top boxes, consumer electronics devices and wireless applications. In addition, On2 offers a suite of products and services, including high-level video encoding, customized technical support, and consulting services. Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , the Company has an office in Albany, NY, and operations in London, UK, and Seoul, Korea. On2 may be reached at 145 Hudson Street, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10013, telephone 917-237-0500 or info@on2.com. Investor inquiries should be sent to invest@on2.com. |
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