PowerLinx Inc. Licenses On2 Technologies VP6; Video Compression Will Be Used In Video Security Network Devices.Business Editors/High-Tech Writers2004 International CES 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 & TIERRA VERDE Tierra Verde may refer to:
PowerLinx Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PWLX) and On2 Technologies, 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 ) today announced that PowerLinx will use the On2 VP6 codec (1) (enCOder/DECoder) A hardware circuit that performs analog-to-digital conversion (ADC) and digital-to-analog (DAC) conversion. When analog signals are entered into a computer, cellphone or other device via a microphone or video source such as VHS tape or analog TV, in its next generation digital commercial security products. PowerLinx unique, patented application allows video to be captured live and sent over power lines in AC or DC environments on any power grid. The On2 VP6 codec will allow PowerLinx to get high quality video capture and decoding with a minimum amount of bandwidth making it substantially easier to transmit video at low data rates. Further, the use of the On2 VP6 codec eliminates royalties associated with other compression technologies. "PowerLinx has one of the leading edge powerline technologies currently available in the world. Our relationship in the security area could well expand to other applications such as sending video from a broadband connection to a number of screens in the home. The current application certainly allows multiple cameras to be deployed over the electric grid which cuts installation and maintenance costs considerably," said Douglas A. McIntyre, On2 Chairman, President and Chief Executive Officer "The On2 VP6 codec enhances a system that is already more cost efficient for security applications than anything else on the market. Initially we intend to use VP6 with our commercial and industrial PowerLinx security products which include the PowerLinx Parking Lot Surveillance System. We look forward to exploring future product launches with On2," explained George S. Bernardich III, PowerLinx Chairman & 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. . PowerLinx will demonstrate all of its PowerLinx products including those that will incorporate the new VP6-based codec during the 2004 International CES in Las Vegas from January 8 to January 11, 2004. The products will be shown at the PowerLinx suite in the Luxor Hotel. Interested parties can make appointments by calling (727) 866-7440 x212 or (214) 738-6970, or by emailing sales@power-linx.com. To learn more about the 2004 International CES, visit http://www.cesweb.org. About PowerLinx, Inc.: PowerLinx, Inc., http://www.power-linx.com, designs, manufactures and markets, among other devices, products and applications developed to transmit voice, video, audio and data either individually or any and all combinations over power lines, in AC and DC power environments, on any and all power grids. The Company has also developed and manufactures different kinds of underwater video cameras, lights and accessories for the marine, commercial and consumer retail markets. About On2 Technologies, Inc.: On2 Technologies, Inc., http://www.on2.com, originally known as the Duck Corporation, has been a leader in the design of software based compression algorithms and related products for over ten years. As the world's premier codec developer, On2 creates advanced full-motion, full-screen video compression technology that has revolutionized the industry. With our codecs The following is a list of codecs. Audio codecs Non-compression formats
DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. ) can be compressed to one megabit (.12 megabytes) per second or less. website: http://www.power-linx.com e-mail: investor@power-linx.com website: http://www.on2.com e-mail: invest@on2.com This press release may contain "forward-looking statements" that involve risks and uncertainties, including statements regarding our plans, future events, objectives, expectations, forecasts, or assumptions. Any statement in this press release that is not a statement of historical fact is a forward-looking statement, and in some cases, words such as "believe," "estimate," "project," "expect," "intend," "may," "anticipate," "plans," "seeks," and similar expressions identify forward-looking statements. These statements involve risks and uncertainties that could cause actual outcomes and results to differ materially from the anticipated outcomes or result, and undue reliance should not be placed on these statements. These risks and uncertainties may include: the adoption of our new products by customers; our ability to identify, develop, and commercialize new applications for our products; the ability to manage our anticipated growth; scaling-up our manufacturing capabilities; protecting our intellectual property; and other risks and uncertainties discussed in filings made with the Securities and Exchange Commission (including risks described in subsequent reports on Form 10-Q Form 10-Q See 10-Q. , Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. , and other filings). PowerLinx, Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. |
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