On2 Joins MIPS Alliance Program; Leading Video Codec Solutions Now Available for MIPS-Based Processors

June 17, 2008 -- On2 Technologies, Inc. (Amex: ONT), a leader in video compression solutions, announced today that it has joined the MIPS® Alliance Program to bring its highly efficient video compression solutions to designers using cores from MIPS Technologies (NasdaqGS: MIPS). On2 will optimize its TrueMotion® VP6® decoder, used in Adobe® Flash® video, for the MIPS32® 24K® and MIPS32® 24KE™ cores, which are widely used in DVD and set-top box solutions, and will offer a 'one-stop-shop' for video codecs to chipset and device manufacturers.

On2's codec portfolio includes both proprietary and standards-based designs. The proprietary TrueMotion codecs proliferate web video through Adobe Flash, SUN Microsystems and Skype, among others. The standards-based implementations, renowned for their highly efficient designs, are widely adopted by wireless chipset and device manufacturers. Supporting On2 VP6 & VP7, MPEG2, MPEG4, VC-1, Sorenson Spark® and H.264, the codecs are available for licensing as software and hardware (RTL) IP supporting resolutions up to 1080p.

"We are proud and excited to welcome On2, a global leader and innovator in the video arena, to the MIPS Alliance Program," said Jack Browne, vice president of marketing, Processor Business Group, MIPS Technologies. "With the proliferation of video across consumer devices, the combination of On2’s leading video compression technology and MIPS’ high performance cores provide a compelling solution. We look forward to working with On2 to ensure the success of our mutual customers with industry-leading technology from both companies."

"Web video support is becoming a pre-requisite in traditional multimedia devices found in the home, and we are already helping leading manufacturers, using MIPS-based chipsets, to support high performance video in a wide range of formats," says Eero Kaikkonen, Chief Marketing Officer of On2 Technologies Inc. "By joining the MIPS Alliance program and optimizing our proprietary codecs for MIPS cores, On2 is firmly positioned to provide the technologies needed for the highest possible integration of video capabilities to all device types."

For chipset manufacturers On2 provides the most optimal solution in the Hantro™ 8190 hardware decoder that was announced earlier this year. In a single design supporting up to 1080p video, the Hantro 8190 enables playback of MPEG-2, MPEG-4, H.264, VP6 and VC-1 formats, as well as 16MP JPEG still images. The design makes optimal use of silicon area, and, drawing on Hantro’s wireless pedigree, is extremely power efficient and requires minimal resources from the CPU core.