NEW YORK, Aug. 29 /PRNewswire-FirstCall/ -- On2 Technologies, Inc. (AMEX:ONT) , today announced that Sorenson Media(R) has embraced On2's VP6 compression technology for integration in Sorenson Media's newly-announced Squeeze(R) 4.2 Compression Suite for Windows and Sorenson Squeeze 4.2 for Macromedia Flash for Windows -- the newest update to its award-winning video encoding and compression applications for digital video professionals and enthusiasts. Announced earlier today, Sorenson Squeeze 4.2 Compression Suite and Sorenson Squeeze 4.2 for Macromedia Flash will enable users to encode video with high image quality for play out in the highly-anticipated new Flash Player 8 format. The new version of Sorenson Squeeze, based on On2's VP6 codec will be available this fall.
"Sorenson Media has long been committed to Flash video within our industry leading line of video encoding products. This commitment continues with support for the professional version of On2's VP6 Flash video codec," said Matt Cupal, president and COO of Sorenson Media. "The high quality of the VP6 codec promises to enhance the adoption of Flash video. Sorenson Media is thrilled to support VP6 across our Sorenson Squeeze product line by offering a professional-quality plug-in for Sorenson Squeeze. Our users have come to expect great video quality in a great product workflow. The combination of On2 VP6 professional and Sorenson Squeeze 4.2 deliver on this expectation."
"We set out to make On2 Technologies codec innovations ubiquitous in the marketplace -- our goal from the start was to enable people worldwide to experience the highest limits of image quality possible on the Internet," added Douglas McIntyre, chairman, president and chief executive officer of On2 Technologies. "Sorenson Media is one of the most renowned brands in the digital media market. We're proud to have such an industry leader sharing in our philosophy and partnering with us to achieve new standards in image quality."
Earlier this month, Macromedia announced Flash Player 8 and their adoption of the VP6 codec to enable hundreds of millions of Internet users to experience the quality and feature-rich capabilities of On2's industry-leading video compression technology.
About Sorenson Media
Sorenson Media http://www.sorensonmedia.com is the global leader in video compression technology. The company's innovative encoding applications and award-winning video delivery solutions enable users to quickly and affordably deliver quality digital video files over the Internet. Sorenson Media's video streaming technology is used on more than 600 million PCs worldwide. The Sorenson Squeeze Compression Suite has garnered many major industry awards, including Macworld Best of Show and Video Systems 2004 Vanguard Award, and the firm's compression codecs are licensed by a host of Fortune 500 companies.
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