On2 Technologies, Inc. and Intel Corporation Sign Codec Optimization Agreement
Companies to Work Jointly on Intel(R) Pentium(R) 4 Processor-Based Systems and Chipsets
NEW YORK, July 10 /PRNewswire-FirstCall/ -- On2 Technologies, Inc. today announced that they have signed an agreement with Intel Corporation to work jointly on optimizing On2's codecs and players to Intel(R) Pentium(R) 4 processor-based systems and chipsets. On2 will provide Intel with its codec and player code base and assist Intel with evaluating and optimizing the software to Intel (R) architecture.
"We are certainly excited about this opportunity given the huge array of products at Intel and the benefit that their platforms bring to the enhancement and distribution of our codec and player code", said Douglas A. McIntyre, Chairman, President and Chief Executive Officer of On2.
About On2 Technologies, The Duck Corporation
On2 Technologies (AMEX: ONT) is a leading technology firm at the forefront of video compression. The Company revolutionized video encoding with the creation of its advanced full-motion, full-screen, video compression and streaming technology (TrueMotion(R) VP4/VP5/VP6). On2 licenses its high quality video codecs for use in set-top boxes, consumer electronics devices and wireless applications. In addition, On2 offers a suite of products and services, including 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. On2 may be reached at 21 Corporate Drive, Suite 103, Clifton Park, NY 12065 or info@on2.com or sales@on2.com.
Intel and Intel Pentium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries
CONTACT: Mark Meagher of On2 Technologies, +1-646-292-3533,
mmeagher@on2.com
Web site: http://www.on2.com/
|
