On2 Technologies, Inc. (AMEX: ONT), a leader in video-compression software and solutions, and ViewCast(R) Corporation (OTC Bulletin Board: VCST), a global leader in the design and manufacture of the world's most advanced media encoding products, announced today that ViewCast has licensed On2's live Flash video encoding technologies for integration with ViewCast's streaming media appliances.
As a result of this agreement, advanced real-time live capture, programming, and broadcasting capabilities for On2 VP6 based Flash video will be available to programmers and broadcasters for Adobe Flash Player 8 and 9 using ViewCast's GoStream(TM) Plus and Niagara Pro streaming media appliances. The integrated solution will offer customers enhanced capabilities to program, schedule, and manage live Flash broadcasts.
ViewCast's products supporting live Flash from On2 are planned for release in the third quarter of 2007. The introduction into the market will be enhanced through ViewCast's previously announced agreement with Adobe for joint channel marketing of these upcoming products.
"The broadcast quality of VP6 is in high demand for live applications," said Mike Savello, senior vice president of Flash business for On2. "Together with ViewCast, we are assuring that broadcasters and programmers get the quality, reliability, and flexibility required for major broadcast applications."
ViewCast's GoStream Pro and Niagara Plus product lines are designed for enterprise IT professionals, professional studios, broadcasters, cable head- ends, ISPs, and other media professionals to deploy quality IP video distribution services. The appliances are used for VOD, Internet TV, webcasting, video archiving, and streaming training videos.
"On2 VP6 based Flash video is rapidly becoming the standard for on-demand Web video, and customers are demanding live Flash video capabilities," said Dave Stoner, president of ViewCast. "On2's Flix Live product line has set the quality benchmark for live Flash streaming, and now programmers will have the enhanced capabilities to do live Flash broadcasts with ViewCast's encoding and streaming appliances."
On2 VP6 is the video format used in Adobe Flash Player 8 and 9, and is available on more than 90 percent of PCs worldwide. On2's Flix Live is the
first product-line introduced in the market for streaming live Flash video.
About On2 Technologies, Inc.
On2 Technologies (Amex: ONT) is a leading technology firm at the
forefront of digital 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
widely used in the Internet, video-on-demand, VoIP, and mobile media
markets. On2's software is used by such leading global companies as Adobe,
AOL, Skype, XM Satellite Radio, Sony, CTTNet, VitalStream, and Tencent.
Located in Tarrytown, N.Y., the company has R&D offices in Clifton Park,
N.Y., and Cambridge, UK. To contact On2, write to email@example.com or visit
About ViewCast Corporation
ViewCast develops video and audio communication products for delivering content dynamically via a variety of network types and protocols. These products include Osprey Video capture cards and Niagara(R) video encoders/servers featuring Niagara SCX encoder management software. ViewCast products address the video capture, processing, and delivery requirements for a broad range of applications and markets. More information is available on the company's Web site at www.viewcast.com.