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Sony Licenses Truemotion Video Decoder Software from On2 for Use in the Mylo Communicator Com-2 DeviceVP6 Enables High-Quality Video Playback on Portable Wi-Fi Devices; Adobe Flash Lite 3 Application Provides On-the-Go Web Cont (February 19, 2008)
DMN Newswire--2008-2-19--On2 Technologies, Inc., (AMEX:ONT), a leader in video compression solutions, today announced that it has licensed its optimized TrueMotion® VP6 video decoder software to Sony® for use in its mylo communicator "COM-2" device.
The COM-2 uses On2's TrueMotion VP6 decoder with Adobe® Flash® Lite 3 software, and provides access to videos posted on Flash-based web sites. When connected to a wi-fi hotspot, the mylo communicator can also upload and download content to and from the Web using the touch screen interface on its 3.5-inch high-resolution display. By integrating an optimized version of On2's VP6 decoder, the mylo communicator users have the ability to enjoy web based video content, while on-the-go.
"We continue to improve the quality of our video solutions for leading handheld device manufacturers, and the mylo communicator is one of the best examples of mobile video products on the market today," said Bill Joll, president and CEO of On2 Technologies. ?Most of the leading user-generated content web sites today use our Flix Engine product and VP6 compression scheme to create and publish video, and we see the market trends moving toward mobile video sharing and consumption.
Flix Engine is a leading server side encoding platform used by a large number of Web 2.0 websites and leading enterprises for creating and publishing Flash video.
On2 Technologies (AMEX: ONT) ensures a compelling video experience for any video application anywhere. From low bit rate to high definition, On2 provides optimized video compression technology enabling innovative solutions for application developers, content and service providers, chip vendors, device manufacturers, digital signage companies and beyond.
Through continual innovation, On2 satisfies the toughest quality, bandwidth, and power requirements for video. The company's proprietary (TrueMotion® VP6, VP7) and standards based (MPEG-2, MPEG-4, H.263, H.264, VC-1) codecs dominate the video market, with more than 1 billion deployments on desktops worldwide and more than 200+ million in mobile; they are also proven in silicon with over 25 semiconductor manufacturers globally.
Established in 1992 and headquartered in Tarrytown, New York, On2 has offices and partners in Finland, Germany, UK, Japan, China, Taiwan, Korea and India. Customers include Nokia, Samsung, Freescale, AMS, Atmel, Adobe/Macromedia, AOL, Sony, Skype, Facebook, VideoEgg, Brightcove, Move Networks and XM Satellite Radio. For more information please visit www.on2.com.
Trademarks mentioned in this release are the property of their respective owners.
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Related Keywords:On2, Sony, mylo, COM-2, Flix, Adobe, Flash Lite 3