On2 Technologies' VP6 Encoding Format to be Deployed by China's NetEase Following Strategic Partnership Agreement
14 May 2009 - 1:31AM
PR Newswire (US)
On2 video continues to gain momentum as preferred format for web
video in China CLIFTON PARK, N.Y. and BEIJING, May 13
/PRNewswire-FirstCall/ -- NetEase, China's leading Internet
technology company, has entered into a strategic partnership
agreement with On2 Technologies, a leading provider of advanced
video compression technologies. NetEase, which ranks first in home
page views among web portals in China, will deploy On2's VP6
encoding format and Flix Engine transcoding software in a number of
its video channels. On2 VP6(R) is a proprietary video format
developed by On2 and licensed by Adobe(R) for Flash(R) Player and
Sun for JavaFX, assuring hassle-free playback. On2 VP6 offers
superior compression performance to Sorenson Spark and H.264
Baseline profile. On2 Flix Engine is a leading server-side
transcoding solution for creating and publishing web video. Flix
Engine enables support for a broad range of input formats including
MPEG-2, MPEG-4, H.263, H.264, QuickTime, Windows Media and more.
Flix Engine outputs On2 VP6, H.264, and Sorenson Spark based video
for Adobe Flash Player as well as H.264 video for Apple(R) iPod(R)
and iPhone(TM), 3GP video for mobile devices and video Sun JavaFX.
About NetEase NetEase is China's leading Internet technology
company and leads the country in the development of Internet
applications, services and other technologies. The company is
committed to the development of the Internet in China. NetEase aims
to deliver "Power to the People" by deploying the latest Internet
technologies to enhance the sharing and exchange of meaningful
information. About On2 Technologies On2 (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, Mediatek,
Sony, Brightcove, and Move Networks. On2 is also an industry leader
in server-based video transcoding software. Their On2 VP6 video
format provides web and HD-quality video for leading sites such as
Hulu, Vimeo, Yahoo! Video, Dailymotion, CCTV.com, 56.com, Tudou.com
and Eurosport.com. On2 Technologies is headquartered in Clifton
Park, NY USA. For more information visit http://www.on2.com/ or
http://www.on2.cn/. Trademarks mentioned in this release are the
property of their respective owners. DATASOURCE: On2 Technologies
CONTACT: John Fargis, On2 Technologies, +852-2273-5052, Web Site:
http://www.on2.com/ http://www.on2.cn/
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