On2 Technologies To Exhibit
Latest Video Technologies at Streaming Media East 2009
May 11, 2009
Company Will Demonstrate On2 VP8 Video Codec and On2 Flix Cloud
Video Transcoding Service
Clifton Park, NY -- On2 Technologies, Inc. (NYSE Amex: ONT) today
announced that it will show its latest video compression and
transcoding products at the Streaming Media East 2009 conference and
exhibition, to be held on May 12 and 13 at the New York Hilton in
New York City.
On2 will demonstrate its On2 VP8(TM) video codec as well as its new
On2 Flix(TM) Cloud on-demand video transcoding service--developed in
partnership with Zencoder LLC--in Booth #113.
Mike Savello, On2's vice
president of worldwide sales, will lead a session presenting On2's
solutions for reducing video bandwidth costs using On2 VP8. VP8
requires as much as 50% less bandwidth to deliver video that is the
same or higher quality than H.264, VC-1, and Real Video.
"The rapid growth of online and mobile video is creating very strong
demand for solutions that lower the costs of delivering high-quality
content, and On2 is uniquely positioned to meet that demand," said
Matt Frost, interim CEO of On2 Technologies. "Video providers face a
huge challenge as their revenues are consumed by high bandwidth
costs, so we have engineered On2 VP8 to offer superior video quality
and decoding performance while using less bandwidth than any other
codec on the market. For content producers, Flix Cloud provides
highly scalable, affordable video transcoding with a virtualized
implementation of our popular Flix Engine software."
On2 VP8, the eighth generation of On2 video, is the perfect solution
for web TV, IPTV and video conferencing companies to differentiate
their products by delivering higher quality video using less data
and requiring fewer system resources for playback.
On2 VP8 dramatically surpasses the compression performance of all
other commercially available formats. For example, leading H.264
implementations require as much as twice the data to deliver the
same quality video as On2 VP8, as measured in objective peak signal
to noise ratio (PSNR) testing. In addition, On2 VP8 video streams
require fewer processing cycles to decode than competing codecs, so
users do not need to have high-performance PCs or mobile device to
enjoy On2 VP8 high video quality.
On2 Flix Cloud
The Flix Cloud service enables producers and content distributors to
dramatically reduce video transcoding costs in a web services model.
The service also lowers entry barriers for organizations that need
to quickly convert large quantities of video content. Video
publishers can subscribe to Flix Cloud with no start-up costs or
long-term contracts, and can begin transcoding videos the same day.
Flix Cloud is built on the same Flix Engine technology that powers
many of today's most popular video web sites.
Whether encoding dozens of videos to HD or thousands for the web,
Flix Cloud charges customers a volume-based "pay as you go" rate for
the amount of data they transfer through the service, with no
monthly subscription fees or minimum charges. In addition, Flix
Cloud provides a robust web services API and carefully designed
transcoding "Recipes" for the most common formats and use cases,
ensuring best quality with minimal configuration.
About On2 Technologies
On2 (NYSE Amex: ONT) creates advanced video compression technologies
that power the video in today's leading desktop and mobile
applications and devices. On2 customers include Adobe, Skype, Nokia,
Infineon, Sun Microsystems,
and Move Networks. On2 Technologies is headquartered in Clifton
Park, NY USA. For more information visit www.on2.com.