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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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