On2 Technologies' VP7 Video Codec is Selected by 21ViaNet for New VOD Services
February 17 2009 - 2:00AM
PR Newswire (US)
On2(R) VP7 brings outstanding realtime quality video to 21ViaNet's
China customers CLIFTON PARK, N.Y., Feb. 17 /PRNewswire-FirstCall/
-- On2 Technologies, a leader in video compression solutions,
announced today it has licensed its VP7 video codec to 21ViaNet
(China), Inc. Founded in 1996, 21ViaNet is the leading
carrier-neutral IDC service provider in China. 21ViaNet was named
in Deloitte's '2008 Technology Fast 50 Companies in China' in
recognition of its achievements and market success. The company has
expansive partnerships with China's major telecom operators
including China Telecom and China Unicom, as well as major content
providers like CCTV. As part of its ongoing commitment to provide
its extensive customer base with value added services, 21ViaNet has
launched a new video services business division, using On2
Technologies' VP7 video codec as a key component of its video
distribution platform. The On2 VP7 video codec requires less data
for high quality video, thereby reducing overall bandwidth costs
without compromise to the end user viewing experience. As
proprietary technology to On2, the video codec is patent pool free.
This brings additional cost efficiency for publishing and
distributing all kinds of content, as the video codec is not
subject to MPEG-LA royalties. For more information about On2 VP7
please visit http://www.on2.com/on2video. The new On2 VP7-enabled
video services division enables 21ViaNet to offer more value added
options to its customers, assisting content providers and owners,
such as TV stations and Telecom operators, to generate more traffic
and to broaden revenue streams. 21ViaNet is also currently
developing another product that deploys On2 VP7 which it hopes will
help promote sales of Internet video service enabled TV sets. About
On2 Technologies On2 (NYSE Alternext US: ONT) creates advanced
video compression technologies for desktop and wireless. Powering
the video in many of today's leading web and mobile applications
and devices, On2's customers include: Nokia, Infineon, Sun
Microsystems, Mediatek, Sony, Brightcove, Move Networks, Adobe and
Skype. On2 Technologies is headquartered in Clifton Park, NY USA.
For more information please visit http://www.on2.com/ About the
21ViaNet 21ViaNet, founded in 1996, is the leading carrier-neutral
IDC service provider in China. Its headquarters is in Beijing, with
branches in Shanghai, Guangzhou, Chengdu, Tokyo and Silicon Valley
in the United States. The main business of 21Vianet includes:
Internet Data Center service (IDC), Content Delivery Network (CDN),
Enterprise Data Center service (EDC) and Data Center-based industry
solutions. For more information, please visit
http://www.21vianet.com/. Trademarks mentioned in this release are
the property of their respective owners. DATASOURCE: On2
Technologies, Inc. CONTACT: Tony Hope, , +358-440235-107, of On2
Technologies; or Chris Pfaff, , +1-973-509-6565, for On2
Technologies Web Site: http://www.on2.com/
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