On2 Technologies Launches VP3.com; Source Code for Groundbreaking Codec Technology to be Made Available on September 6.Business and High Tech EditorsNEW YORK--(BUSINESS WIRE)--Aug. 20, 2001 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. , 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 video compression Encoding digital video to take up less storage space and transmission bandwidth. See video codec and data compression. video compression - Compression of sequences of images. technology, today announced that in addition to their corporate website, On2.com, they have launched a new site, VP3.com. The new site will allow users to download source code, post enhancements and provide a forum for discussion for the Open Source community. Currently, users can visit VP3.com and view a draft of the license, download VP3 for QuickTime (both Mac and Windows versions available) or VP3 for Windows. The first release of the source code for the groundbreaking VP3.2 video compression algorithm will be made available to the public on Thursday, September 6, 2001. Since the August 7 announcement of making VP3.2 available to the Open Source Community, On2 has received numerous requests for a site dedicated to the release of the source code. 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). On2 licenses its high quality video codecs for use in set-top boxes, electronic gaming devices and wireless applications. In addition, On2 offers a suite of products and services, including high-level video encoding, hosting, streaming, 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. More information is available at www.on2.com. |
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