NEW YORK, Dec. 5 /PRNewswire-FirstCall/ -- On2 Technologies, Inc. (AMEX:ONT) , the premiere developer of Flash 8 video tools, today announced it has signed a licensing agreement with Anystream in which the two companies will integrate the On2 Flash 8 Video SDK into Anystream's Agility 5.0 platform.
The Anystream Agility 5.0 platform is the industry's leading new media publishing solution used by the world's top media companies to automatically repurpose premium content for the Web, cable VOD, mobile and other emerging platforms.
With this On2 Technologies partnership, Anystream can now provide its customers with a robust, automated, enterprise-level encoding solution for instantly creating high-quality Flash 8 video for the Web.
"As the industry's standard for automated Web content production, Agility has always integrated the latest codecs so that our clients can output top quality content across a wide range of platforms and devices," said Fady Lamaa, vice president of product marketing for Anystream. "We're delighted to work with On2 Technologies to offer Flash 8 -- the new standard for Flash video -- as an integral part of our platform."
"With this partnership, we are significantly elevating Flash 8 video production to the enterprise level, enabling media conglomerates and content aggregators of all sizes to quickly and easily produce the highest quality Flash 8 video for mass distribution," added Eric Ameres, chief technical officer and executive vice president of software development at On2. "Anystream is leading the industry with its caliber of digital media production workflow systems, and partnering with them to bring Flash 8 video to a highly sophisticated, burgeoning digital content market is a significant milestone for On2."
Anystream's Agility is server-based software used by the world's largest content providers to streamline internal production and media exchange as well as to rapidly repurpose content for the Web, VOD, mobile IPTV and other emerging content outlets. Designed for superior scalability and modularity, customers can choose from one of four Agility application-based products -- Agility Broadcast, Agility VOD, Agility Web and Agility Live -- and add complementary functionality, scalability and fault-tolerance as their workflows require.
About Anystream (http://www.anystream.com/)
Anystream software automates digital media production and distribution. The world's leading broadcasters use its Agility products to automatically encode and transcode streaming, broadcast and production formats. Its Apreso products are used by institutions of higher education to automatically capture and publish lectures for online student review. Anystream awards include the Frost and Sullivan Market Leadership Award, Presentations Magazine's Standing Ovation Award, PC Magazine's 2003 Technical Excellence Awards Finalist and COMDEX Best of Show Finalist, Entrepreneur Magazine's "Hot 100," and Deloitte & Touche's "Fast 50." Anystream, Inc. is funded by SCP Private Equity Partners, SOFTBANK Capital Technology Fund III LP, Falcon Private Equity L.P. and Citigroup Investments, Inc. Anystream is based in Sterling, Va.
About On2 Technologies, Inc., 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, On2 Video compression and streaming technologies. On2 Video 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, XM Satellite Radio, NTT, AOL, BBC, ABC News, Nullsoft, SeaChange International, and Macromedia. The On2 Video 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 email@example.com or visit http://www.on2.com/.
Source: On2 Technologies, Inc.
Web site: http://www.on2.com/