IndependentFilm.com

NEW YORK, Sept. 13 /PRNewswire-FirstCall/ -- On2 Technologies, Inc. (AMEX:ONT) , today announced the immediate availability of its Flix line of Flash Video authoring tools for creating high quality Flash video content for Macromedia(R), Inc.'s newly-launched family of Flash Player 8 products. With this announcement, On2's entire line of Flix authoring tools for creating high quality Flash Video are widely available immediately to the more than one million-strong community of Flash developers and digital media designers anticipating general availability of Macromedia Flash Player 8, also announced earlier today.

On2's VP6 compression technology -- integrated in both Macromedia's Flash Player 8 and On2's Flix line of Flash Video authoring tools -- delivers pristine quality Flash video imagery, unparalleled in the industry. Customers can experience "before and after" Flash video clips, demonstrating On2's dramatic enhancements to image quality, by visiting http://www.on2.com/video_samples/flix-video-samples.

"Today marks the beginning of creative revolution, one in which we'll begin to see the Internet come alive with an entirely new caliber of evocative and visually immersive imagery made possible by On2's Flix line of Flash video authoring tools for Flash Player 8," said Douglas McIntyre, chairman, president and chief executive officer of On2 Technologies. "This new line of Flash Video authoring tools is designed to unleash the creative potential of the million-strong community of Flash developers worldwide, and we're proud of the role we're playing in driving new innovations for these digital media artists."

On2 has also published a technology white paper highlighting the technological advancements and image quality innovations of the VP6 codec. The white paper is available immediately for download by visiting http://www.on2.com/technology/library/.

On2 Flix Products for Creating High Quality Flash Player 8 Content

On2's new VP6-enhanced Flix family of video compression technologies include:
* Flix Pro - a powerful Flash Video encoder that enables users to edit,
crop, convert and post video to the web in minutes

* Flix Engine - enables users to add Flix's Flash Video encoding
capabilities to their software and enables website visitors to convert
their video, audio and image files to Flash. The Flix Engine also
enables users to allow anyone within the intranet to have access to Flix
solutions.

Pricing and Availability

The On2 family of Flix video authoring tools for Flash Player 8 is available immediately, with prices starting at $249 for Flix Pro, and can be purchased online at http://flix.on2.com/.

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 visit http://www.on2.com

Source: On2 Technologies, Inc.Web site: http://www.on2.com