On2Movies Previewed at Herring on Hollywood Conference; On2.com Sponsors the Premier Event Showcasing the Convergence of Technology and Entertainment.LOS ANGELES--(BUSINESS WIRE)--Aug. 2, 1999-- Today at the Herring on Hollywood conference, On2.com Inc. (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 ), developer of a network of Web channels for broadband-enabled consumers that combines television-quality video with the interactive capabilities of the Internet, previewed its On2Movies channel to an audience of leading entertainment, investment and technology industry executives. On2.com demonstrated the On2Movies channel and presented the vision for its On2Network at the Century City Plaza City Plaza is a shopping mall in historic downtown St. Albert, Alberta, Canada. This shopping plaza features heritage architecture and a European small shop ambience. It is home to BITNETS, the award winning technology business, other upscale offices and boutique-style shops. Hotel in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . This event, produced by Red Herring Red Herring A preliminary registration statement that must be filed with the SEC describing a new issue of stock (IPO) and the prospects of the issuing company. Notes: and co-sponsored by On2.com, is a two-day invitation-only, executive conference for industry insiders who are generating new business models, forging strategic partnerships, and shaping the future of convergence of technology and the entertainment industry. "We are extremely excited about Herring on Hollywood as the perfect forum to showcase what we believe will be the best possible broadband experience for consumers," explained Dan Miller, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of On2.com. "With the most influential entertainment executives surrounded by the most advanced and innovative technology, there's no better venue and audience to unveil our On2Movie channel." In addition to developing original programming, On2.com has secured commitments from a wide range of film distributors including Miramax, MGM MGM in full Metro-Goldwyn-Mayer, Inc. U.S. corporation and film studio. It was formed when the film distributor Marcus Loew, who bought Metro Pictures in 1920, merged it with the Goldwyn production company in 1924 and with Louis B. Mayer Pictures in 1925. , Paramount Classics, Fox Searchlight, Lions Gate and 20th Century Fox to provide movie trailers and other ancillary materials which will be featured on the On2Movies channel of the On2Network when it launches in Q4 1999. On2.com will also work with the distributors to develop short-form programs highlighting individual films from their upcoming slate. For more information about the Herring on Hollywood event, visit www.redherring.com. About On2.com Inc. On2.com Inc. (AMEX:ONT) is developing a network of Web channels for broadband-enabled consumers combining the classic elements of television with the interactivity of the Internet. Leveraging proprietary video streaming technology, TrueMotion(R) VP3, the On2Network will provide a range of entertainment and information in such areas as movies, games, music and travel. This first channel, On2Movies, is scheduled to launch in Q4 1999. Headquartered in 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 City's Tribeca Film Center, On2.com is located at 375 Greenwich Street, New York, NY 10013 and can be reached by phone at 212/941-2400 or info@On2.com. Investor inquiries should be sent to invest@On2.com. More information is also located at www.On2.com. This release contains statements that constitute forward-looking statements within the meaning of the Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risk uncertainties, and that the actual results or developments may differ materially from those in the forward-looking statements as a result of various factors. |
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