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very nice! and welcome as a moderator!
http://www.on2.com/docs/graf/splash_on2.html
Pretty cool.
Haven't looked at the homepage for awhile.
I'm back in the fold, Kujo....move over, pull up a chair, and enjoy the ride, right?????
What exactly was I thinking this morning.
Too much coffee or something...
java buying ont
Go figure.
Good luck.
It's a zoo out there.
Nothing but blue skies...............................>
ps. I used to post under the name, java because my word-famous addiction to the java bean.
Maybe I should try options and buy some coffee options.
Mañana.
All things considered,
I would agree.
Good luck, Kujo
Press Release Source: On2 Technologies, Inc.
On2 Technologies Unveils New Advanced Video Compression Format
Saturday September 13, 10:00 am ET
On2(R) video delivers over 50% bandwidth savings compared to leading H.264 implementations
AMSTERDAM, Netherlands, and CLIFTON PARK, N.Y., Sept. 13 /PRNewswire-FirstCall/ -- IBC -- On2 Technologies, Inc. (Amex: ONT - News), a leader in video compression solutions, announced today the launch of its latest video compression format, On2 VP8(TM). This eighth generation of On2 video is the perfect solution for web TV, IPTV and video conferencing companies looking to differentiate their product and service offerings by delivering higher quality video using less data and requiring less system resource for playback.
Need for a More Efficient Video Compression Format is Clear
Downloading and streaming HD movies and TV shows has become commonplace, and with affordable HD web cams, we will see rapid growth in high-resolution user-generated content as well as the wide-scale adoption of high quality video communication solutions.
Even with faster transport technologies on the way, the cost and availability of bandwidth will remain a stubborn obstacle to containing costs as video services use more bandwidth than any other IP application. According to a recent white paper published by Cisco, annual IP traffic will exceed half a zettabyte by 2012, with video accounting for close to 90% of all consumer traffic. Internet video alone is expected to generate 10 exabytes of data per month in 2012.
"Next generation video must transcend platforms while remaining fast and affordable," said Eero Kaikkonen, Chief Marketing Officer at On2. "We design On2 video formats to achieve those goals. On2 VP8 achieves significant improvements over leading standards-based implementations and is less compute-intensive to encode and play back. Furthermore, we have used our years of experience developing embedded video IP to ensure the design is entirely suited for optimization to current and future desktop and mobile processor cores."
Over 40 Groundbreaking Innovations
On2 VP8 surpasses the compression efficiency and performance of every other video format on the market by employing over 40 technical innovations, among them:
-- Advanced prediction through constructed reference frames
-- Macroblock row level threading
-- Improved small area referential encoding
-- Advanced contextual entropy coding without the added complexity of bit level adaptability
-- Sparse targeted adaptive loop filtering
"With On2 VP8, we set out to increase compression performance over On2 VP7 and leading H.264 implementations by 20% while reducing playback complexity by 40%," said Paul Wilkins, Chief Technology Officer at On2. "In the end we exceeded these goals and even back-ported some of what we learned to our On2 VP6® for Adobe® Flash® encoders."
On2 VP8 Surpasses H.264, VC-1, Real Video in Quality and Performance
With the introduction of On2 VP8, On2 Video now dramatically surpasses the compression performance of all other commercially available formats. For example, leading H.264 implementations require as much as twice the data to deliver the same quality video as On2 VP8 (as measured in objective peak signal to noise ratio (PSNR) testing).
In addition, the On2 VP8 bitstream requires fewer processing cycles to decode, so users do not need to have the latest and greatest PC or mobile device to enjoy On2 VP8 video quality.
"Through our relationship with On2 over the years, Move Networks has enabled viewers to realize the highest quality Internet television experience possible. We look forward to On2's continued innovations," said John Edwards, CEO of Move Networks.
Future-Proofed for Multi-core
Multi-core processing is one of the most significant developments in computer technology. On2 VP8 is designed to take full advantage of multi-core systems and can efficiently use up to 64 processor cores simultaneously.
"As new multi-core processors come to market, On2 Video will be able to make maximum use of the additional computing power available, " said Wilkins. "Our innovative encoder can seamlessly use additional cores to either increase compression speed or to improve compression quality in real-time applications."
Designed with Mobile in Mind
On2 has worked closely with ARM to ensure suitability for porting to current and future ARM single and multi-core processors in mobile devices.
"We have been working with On2 to ensure that their compression schemes work as optimally as possible with our NEON(TM) 64/128-bit SIMD technology which enables high definition video in software. NEON technology is a key feature in our current Cortex(TM)-A8 and Cortex-A9 MPCore(TM) processors and will be included in all future ARM application processors," said Laurence Bryant, Mobile Segment Marketing Manager, ARM. "The high compression performance of this latest generation of On2 Video suggests that it will be ideal for wireless internet applications where available data bandwidth is a premium, and complements our recent work with Adobe on the Open Screen Project to drive consistent internet experiences across multiple screens, including TVs, PCs, mobile devices and consumer electronics."
"JavaFX enables content authors and developers to quickly and easily deliver high-impact, rich internet applications across mobile phones, desktops, TVs and other consumer devices," said Param Singh, senior director of JavaFX marketing at Sun Microsystems. "JavaFX leverages the best capabilities of the existing Java platform along with new immersive media capabilities and we are pleased to be working with On2, a world leader in video compression technology. The combination of On2 video and JavaFX will provide the high-fidelity video capabilities to supercharge the consumer experience across the billions of devices around the world that are powered by Java technology."
Company Remains Committed to Existing Formats
On2's VP6 format became the de facto standard for web video following its integration in Adobe Flash Player in 2005. On2 expects VP8 to complement its existing formats and, in particular, is fully committed to continuing the development of VP6 to further improve encoding and playback performance.
"We are serving different needs with On2 VP6 and VP8," said Kaikkonen. "On2 VP6 offers distinct advantages for web video as the Adobe Flash Player is installed on nearly every desktop in the world. It offers comparable quality to H.264 with the added value of supporting cue points and alpha channel masking, allowing developers to quickly and easily create more interactive and complete web video experiences with minimal investment. On2 VP8 will be our flagship format and enable companies developing client-side playback capability to deliver a supreme video-over-IP solution."
Simple, Flexible Licensing
On2 video is proprietary to On2 Technologies and is available with patent-pool free licensing, avoiding the burdensome royalties associated with standards based formats.
For more information on On2 Video please visit www.on2.com
About On2 Technologies
On2 (Amex: ONT - News) 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 technology is used by industry leading companies including: Nokia, Infineon, Sun Microsystems, Mediatek, Sony, Facebook, Brightcove, Move Networks, Adobe and Skype. On2 Technologies is headquartered in Clifton Park, NY USA. For more information please visit www.on2.com
Trademarks mentioned in this release are the property of their respective owners.
--------------------------------------------------------------------------------
Source: On2 Technologies, Inc.
wow! This is pretty good!
Press Release Source: On2 Technologies, Inc.
On2 Technologies Announces New High Definition Hardware Encoder IP
Tuesday September 9, 8:00 am ET
The Hantro(TM) 7280 enables real-time video encoding up to 1280x1024 resolution for low-power chipsets
CLIFTON PARK, N.Y., Sept. 9 /PRNewswire-FirstCall/ -- On2 Technologies (Amex: ONT - News), the leader in video compression solutions, announced today the availability of the Hantro 7280 encoder Register Transfer Level (RTL) design. Supporting MPEG-4, H.263 and H.264 video, along with 16MP JPEG, the encoder is targeted for chipsets intended for devices with very low-power requirements such as: portable video cameras, mobile phones, remote security cameras, laptops and webcams. With a maximum resolution of 1280x1024 at 30 fps, the Hantro 7280 introduces a new level of performance and functionality.
Following the Hantro 6280, which was licensed by more than 15 leading chip manufacturers, the encoder brings further speed improvements to achieve resolutions up to 1280x1024 at 30 fps. Easily encoding full 720p H.264 at 30 fps in only 180 MHz clock frequency, the 7280 brings ultra-high performance to 65 nm and 90 nm low-power chipsets. Placing a CPU load of less than 1MHz, the Hantro 7280 allows even an entry level ARM9-based chipset to encode real-time HD H.264 video with plenty of headroom to spare. The new encoder also incorporates proprietary image stabilization technology which reduces the effects of camera shake prior to encoding resulting in higher quality video with better compression.
Optimized for rapid integration with ARM, MIPS and other embedded CPU and DSP cores, the Hantro 7280 marries high performance with ultra low-power and efficient silicon utilization. Silicon area can be further optimized for unique applications by selecting only the formats and screen resolutions required with area reduced to as small as 0.19 square millimeters per 139,000 gates. Additional area savings can be gained in a full codec solution by sharing internal memories with the Hantro 8190 multi-format decoder.
"For portable devices, battery-life is a critical success factor and manufacturers seek to optimize in every aspect," says Eero Kaikkonen, Chief Marketing Officer at On2. "The 7280 requires only 12 mW to encode VGA H.264 in real-time. Although in practice it is not possible, theoretically an ARM 11 would require as much as 500mW to achieve the same performance."
The Hantro 7280 is available now for licensing from On2. The product comes complete with RTL source code for VHDL or Verilog, an RTL test bench and test data, ANSI C driver source code and complete technical documentation. For further information please contact On2 at sales@on2.com.
About On2 Technologies
On2 creates advanced video compression technologies for desktop and wireless. Powering the video in many of today's leading web and mobile applications and devices, companies using On2's technologies include: Nokia, Infineon, Sun Microsystems, Mediatek, Sony, Facebook, Brightcove, Move Networks, Adobe and Skype. On2 Technologies is headquartered in Clifton Park, NY USA. For more information please visit www.on2.com
Trademarks mentioned in this release are the property of their respective owners.
--------------------------------------------------------------------------------
Source: On2 Technologies, Inc.
________
Except now it's trading @ .38-39, new 52 week low
Not too far away... but I'll be out of town...guess I go via proxy.
Annual Meeting for On2 @ September 23,2008
Clifton Park, NY 9a.m. EDT
http://www.sec.gov/Archives/edgar/data/1045280/000114420408050135/v124983_def14a.htm
lol
good thing I know CPR....
have fun raggs
hey, we need some excitement! lol
yup.
It was actually kind of funny to see such a drastic drop.
I cut and paste and sent it to a pal.
Hope he's still breathing.
lol
somebody got screwed on a typo IMHO
yep...once they get rid of those costs things should turn around.
Still seems like they're burning a lot of cash, ie, $1.8 million in legal, audit and consulting fees and they haven't hired a new CEO yet.
Good luck.
Nice to see a revenue increase like that as compared to last years qtr
On2 Technologies Announces Financial Results for Second Quarter of 2008
Thursday August 14, 4:05 pm ET
Revenue of $3.3 million in the second quarter of 2008 increased 38% year-over-year
TARRYTOWN, N.Y., Aug. 14 /PRNewswire-FirstCall/ -- On2 Technologies, Inc. (Amex: ONT - News), a leader in video compression solutions, today announced financial results for the second quarter of 2008. Revenue in the second quarter of 2008 was $3.3 million, an increase of 38% from the second quarter of 2007. On a GAAP basis, net loss was ($7.2) million, or ($0.04) per share, compared to a net loss of ($3.0) million, or ($0.03) per share, in the second quarter of 2007. In the second quarter, On2 incurred $1.8 million in non-recurring legal, audit and consultancy expenses related to an internal investigation and the subsequent restatement of the Company's previously issued financial statements for the first and second quarters of 2007.
Matt Frost, Chief Operating Officer and interim Chief Executive Officer of On2 Technologies said, "While it is not fully reflected in our quarterly financials, On2 made important progress in the second quarter. We have had very positive reception to the unique capabilities offered by the combination of Hantro's and On2's technologies, and our involvement in exploratory and commercial discussions on innovative applications going forward is broader than ever. However, with the extended sales lead times these kinds of developments involve, we continue to see lumpy revenue in the short-term, as the timing of large deals impacts our quarterly revenue. Our sales pipeline nevertheless remains at a healthy level. Furthermore, we are pleased to see that royalty income has remained a significant revenue contributor."
Frost continued, "With our planned cost containment initiatives, we anticipate a more streamlined expense structure going forward that will nevertheless allow us to continue investing in future growth. We anticipate that those initiatives should result in approximately $1.2 million in quarterly savings off of our budgeted expenses -- and a significantly higher amount off of our recent expenses -- once they have fully taken effect. This expense management combined with our strong sales pipeline will help position On2 to progress toward profitability."
Recent Business Highlights
-- Royalties represented 21% of revenue in Q2, compared with 16% in the second quarter of 2007 and 21% of revenue in the first quarter of 2008.
-- In the second quarter of 2008, On2 had over 60 new customers, excluding online sales, and recognized revenues from 9 significant transactions sized at over $50,000 each.
-- On2 announced an agreement with CCTV.com, the official internet and mobile phone broadcaster in China of the 2008 Beijing Olympic Games. CCTV.com will use On2's Flix Engine to encode video-on-demand to China's internet users while reducing bandwidth requirements for CCTV.com by up to 40% from prior solutions.
Conference Call
Management will hold a conference call to discuss its results for the second quarter of 2008 at 5:00pm ET on August 14, 2008.
To access the live webcast, visit http://www.on2.com/index.php?480.
The webcast replay will be available until August 14, 2009.
If you prefer to dial-in to the call, the information is as follows:
Live Call: (877) 407-9210, domestic
(201) 689-8049, international
Replay: (877) 660-6853
(201) 612-7415
Replay Passcodes: Account #: 286
Conference ID #: 292793
About On2
On2 creates advanced video compression technologies for desktop and wireless environments. Powering the video in many of today's leading web and mobile applications and devices, On2's technology is used by customers including: Nokia, Infineon, MediaTek, Sony, Facebook, Brightcove, Move Networks, Adobe and Skype. On2 Technologies is headquartered in Tarrytown, NY USA. For more information please visit http://www.on2.com.
All trademarks mentioned in this document are the property of their respective owners.
Forward-Looking and Cautionary Statements
Except for the historical information and discussions contained herein, statements contained in this release may constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Our forward-looking statements are subject to risks and uncertainties. These forward-looking statements that could cause actual results to differ materially, include, among others, longer than expected delays in On2's completion of its financial statements and Annual Report on Form 10-K, which could result in longer than expected delays in the filing of the Company's Annual Report on Form 10-K, changes in On2's results of operations which could result in changes to Safeguard's consolidated results of operations for 2007 as compared to 2006, and certain other factors described in the Company's filings with the Securities and Exchange Commission. Many of these factors are beyond our ability to predict or control. In addition, as a result of these and other factors, our past financial performance should not be relied on as an indication of future performance. The Company does not assume any obligation to update any forward-looking statements or other information contained in this press release.
On2 Technologies, Inc.
Condensed Consolidated Balance Sheets
ASSETS June 30, 2008 December 31, 2007
(unaudited)
Current assets:
Cash and cash equivalents $7,998,000 $9,573,000
Short-term investments 131,000 5,521,000
Accounts receivable 4,079,000 7,513,000
Prepaid expenses and other current assets 1,502,000 1,492,000
Total current assets 13,710,000 24,099,000
Property and equipment, net 1,176,000 751,000
Acquired software, net 9,847,000 10,333,000
Other acquired intangibles, net 7,249,000 7,144,000
Goodwill 39,695,000 37,023,000
Other assets 170,000 175,000
Total assets $71,847,000 $79,525,000
LIABILITIES AND STOCKHOLDERS EQUITY
Current liabilities:
Accounts payable $1,552,000 $1,433,000
Accrued expenses 4,420,000 4,820,000
Deferred revenue 3,723,000 1,887,000
Short-term borrowings - 2,198,000
Current portion of long-term debt 526,000 491,000
Capital lease obligation 182,000 24,000
Total current liabilities 10,403,000 10,853,000
Long-term debt 3,171,000 3,082,000
Capital lease obligation,
excluding current portion 225,000 18,000
Total liabilities 13,799,000 13,953,000
Commitments and contingencies
Stockholders' equity 58,048,000 65,572,000
Total liabilities and
stockholders' equity $71,847,000 $79,525,000
On2 Technologies, Inc.
Unaudited Condensed Consolidated Statements of Operations
Three months ended June 30, Six months ended June 30,
2008 2007 2008 2007
Revenue $3,265,000 $2,369,000 $7,717,000 $5,184,000
Operating expenses:
Cost of revenue(1) 1,194,000 389,000 2,624,000 812,000
Research and
development(2) 3,009,000 562,000 5,817,000 1,055,000
Sales and
marketing(2) 1,875,000 614,000 3,764,000 1,210,000
General and
administrative(2) 3,926,000 983,000 6,694,000 1,946,000
Equity-based
compensation:
Research and
development 105,000 19,000 224,000 20,000
Sales and
marketing 74,000 27,000 112,000 54,000
General and
administrative 258,000 108,000 471,000 228,000
Total operating
expenses 10,441,000 2,702,000 19,706,000 5,325,000
Loss from
operations (7,176,000) (333,000) (11,989,000) (141,000)
Other income
(expense), net 1,000 (2,672,000) 75,000 (3,585,000)
Net loss (7,175,000) (3,005,000) (11,914,000) (3,726,000)
Convertible preferred
stock 8% dividend (18,000) - (71,000)
Net loss
attributable to
common
shareholders $(7,175,000) $(3,023,000) $(11,914,000) $(3,797,000)
Basic and diluted net
loss attributable to
common shareholders
per common share $(0.04) $(0.03) $(0.07) $(0.04)
Weighted average
basic and diluted
common shares
outstanding: 170,971,000 111,752,000 170,729,000 107,698,000
(1) Includes equity-based compensation of $79,000 and $162,000 for the
three and six months ended June 30, 2008
Includes equity-based compensation of $14,000 and $15,000 for the
three and six months ended June 30, 2007
(2) Excludes equity-based compensation, which is presented separately
--------------------------------------------------------------------------------
Source: On2 Technologies, Inc.
I tell ya... man...delays delays.
Or when it gets delayed, lol...
On2 Technologies Postpones Conference Call Due To Auditor Transition
August 7th, 2008
TARRYTOWN, NY, August 7, 2008 – On2 Technologies, Inc. (AMEX: ONT), a leader in video compression solutions, today announced that it has postponed its conference call to discuss its financial results for the second quarter of 2008, previously scheduled for today, as a result of a previously disclosed auditor transition. The company reported that unanticipated delays have arisen in connection with the transfer of files from the company’s former auditor to the company’s current auditor. On2 stated that there were no disagreements with its auditors. On2 expects to announce the date and time for the rescheduled conference call as soon as the transfer of files is completed.
About On2
On2 creates advanced video compression technologies for desktop and wireless environments. Powering the video in many of today’s leading web and mobile applications and devices, On2's technology is used by customers including: Nokia, Infineon, MediaTek, Sony, Facebook, Brightcove, Move Networks, Adobe and Skype. On2 Technologies is headquartered in Tarrytown, NY USA. For more information please visit www.on2.com.
All trademarks mentioned in this document are the property of their respective owners.
Forward-Looking and Cautionary Statements
Except for the historical information and discussions contained herein, statements contained in this release may constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Our forward-looking statements are subject to risks and uncertainties. These forward-looking statements that could cause actual results to differ materially, include, among others, longer than expected delays in On2’s completion of its financial statements and Annual Report on Form 10-K, which could result in longer than expected delays in the filing of the Company’s Annual Report on Form 10-K, changes in On2’s results of operations which could result in changes to Safeguard’s consolidated results of operations for 2007 as compared to 2006, and certain other factors described in the Company’s filings with the Securities and Exchange Commission. Many of these factors are beyond our ability to predict or control. In addition, as a result of these and other factors, our past financial performance should not be relied on as an indication of future performance. The Company does not assume any obligation to update any forward-looking statements or other information contained in this press release.
Investor Contact:
Garo Toomajanian
ICR, Inc.
invest@on2.com
phone: + 518 348 0099 x3
I thought they usually reported on Thursdays, unless it's a management issue, like the firing of a CEO, ya know, little things like that....lol
Have fun.
not on ONT. I hate when companies release fins late in the week...lol
I'm not expecting any good news are you raggs?
Too much uncertainty right now.
jmho
Good luck if you're still holding.
Any thoughts about the outcome?
Schedules Investor Conference Call for 5:00 p.m. ET, Thursday, August 7th
TARRYTOWN, N.Y., July 30 /PRNewswire-FirstCall/ -- On2 Technologies, Inc. (AMEX: ONT - News), a leader in video compression solutions, today announced that it will report financial results for the three and six months ended June 30, 2008, after market close on Thursday, August 7, 2008. Management will host a conference call and webcast to review the results at 5:00 p.m. ET.
Both the conference call and live webcast will begin at 5:00 p.m. ET. The earnings release and related financial information to be discussed during the call will be available on the Company's website at http://www.on2.com/index.php?480.
What: On2 second quarter 2008 financial results conference
call
When: Thursday, August 7, 2008
Time: 5:00 p.m. ET
Live Call: (877) 407-9210, domestic
(201) 689-8049, international
Replay: (877) 660-6853
(201) 612-7415
Replay Passcodes: Account #: 286
Conference ID #: 292793
Webcast: http://www.investorcalendar.com/IC/CEPage.asp?ID=132436
(live and replay)
The webcast will be available until August 7, 2009.
About On2
On2 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, MediaTek, Sony, Facebook, Brightcove, Move Networks, Adobe and Skype. On2 Technologies is headquartered in Tarrytown, NY USA. For more information please visit www.on2.com.
All trademarks mentioned in this document are the property of their respective owners.
--------------------------------------------------------------------------------
Source: On2 Technologies, Inc.
good luck raggs!
lets go up already!
On2 getting some good ink in an industry pub re China & the Olympics;
http://www.streamingmedia.com/article.asp?id=10539&page=1
really is ...
This stock was $4 once.
Sad, sad, sad.
The problem in the past has been, On2 was a one product company. They had a codec and that was it. No one makes much money on just the codec. On2 tried for years, but failed. Last year they purchased Hantro, a chip design company. They can now put their codec on chips they design. This gives them a much bigger revenue source and allows them to announce new products. In the past they could not announce any new designs on the codec, a customer did not want any information released until they had the new software on their product. On2 no longer has that limit, it's their chip designs.
The problem with this company is this: They don't make any real money!! They seem to be on the verge of busting out for the last few years. They are getting recognition and signing the deals but there is no money. Will there ever be?
Interesting article on On2, Apple, Adobe..winners and or losers.
http://digitalcontentproducer.com/cameras/revfeat/nab_2008/index8.html
"Streaming and Encoding"
The sections I found interesting:
"For me, the biggest loser when Adobe adapted H.264 was On2 Technologies, which previously owned the only high-quality codec that played back under Flash. Apparently, the financial market agrees: The company's stock, which peaked at about $4 a share in May, is now down to about $1 a share — although it was already down to around $2 a share in August when Adobe made its announcement.
During 2007 and 2008, On2 took some aggressive steps toward the device-and-telephone-handset market. In November 2007, the company acquired Hantro, which provides embedded solutions for semiconductor and device manufacturers. On2 also carved its VP6 codec into two profiles: VP6-S, which uses less complex algorithms for superior playback on low-power devices, and VP6-E, the full-strength codec for desktop playback.
To me, the market for mobile video will be the next great streaming battleground, and On2 will likely play a significant part."
And this:
"The other big loser when Adobe adopted H.264 was Apple — which previously had a near monopoly on H.264 streaming. Now that Flash can stream H.264, it removes a very compelling reason to consider the QuickTime Streaming Server. Because it's a free server, there's no revenue loss, but QuickTime's mind share is definitely on the wane."
Those filings have been authored/edited by lawyers employed by auditors. Do not expect those kinds of "no risk" hacks to even admit seeing a heatbeat on a client who is running laps at sub 4 min mile rates as we speak. LOL! Sometimes the market serves up a rough diamond described as a rock. But then, it COULD just be a rock.... Place yo bets,.... or not,... tic, tock.....
no I guess I need to read it...must not be heathly looking at the PPS.
On2 Technologies Reports Filing of Forms 10-K and 10-Q
Ticker Symbol: U:ONT
TARRYTOWN, N.Y., July 1 /PRNewswire-FirstCall/ -- On2 Technologies, Inc. , a leader in video compression solutions, today announced that it has filed its forms 10-K and 10-Q with the Securities and Exchange Commission (SEC) for the periods ended December 31, 2007 and March 31, 2008, respectively, and is now current with its SEC periodic reporting obligations.
The Company also announced that management will host a conference call to discuss its full fourth quarter 2007 and first quarter 2008 financial results, before market open on Thursday, July 3, 2008. Both the conference call and live webcast will begin at 8:00 a.m. ET. The earnings release and related financial information to be discussed during the call will be available on the Company's website at http://www.on2.com/index.php?480.
What: On2 fourth quarter 2007 and first quarter 2008
financial results conference call
When: Thursday, July 3, 2008
Time: 8:00 a.m. ET
Live Call: (877) 407-9210, domestic
(201) 689-8049, international
Replay: (877) 660-6853
(201) 612-7415
Replay Passcodes: Account #: 286
Conference ID #: 290378
Webcast: http://www.vcall.com/IC/CEPage.asp?ID=131719 (live and
replay)
The webcast will be available until July 3, 2009.
About On2
On2 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, MediaTek, Sony, Facebook, Brightcove, Move Networks, Adobe and Skype. On2 Technologies is headquartered in Tarrytown, NY USA. For more information please visit www.on2.com.
All trademarks mentioned in this document are the property of their respective owners.
On2 Technologies, Inc.
CONTACT: Investors, Garo Toomajanian of On2 Technologies, Inc.,
+1-518-348-0099 x3, invest@on2.com
Web site: http://www.on2.com/
AP
Russell 2000 adds 37 technology stocks
Monday June 30, 3:41 pm ET
Russell 2000 adds 37 technology stocks, 24 stocks in sector removed from index
NEW YORK (AP) -- Thirty-seven stocks in the technology sector were added to the Russell 2000 in this year's reconstitution of the small stock index, while 24 in the sector were removed.
Advanced Battery Technologies Inc., American Software Inc., Bookham Inc., Callidus Software Inc., Ceva Inc., China Fire & Security Group Inc., China Security and Surveillance Technology Inc., China Information Security Technology Inc., Coherent Inc., DemandTec Inc., Digimarc Corp., Ebix Inc., Ener1 Inc., Entrust Inc., Globecomm Systems Inc., Hackett Group Inc., Herley Industries Inc., Kopin Corp., LaBarge Inc., Maxwell Technologies Inc., Microvision Inc., NCI Inc., NVE Corp., NetScout Systems Inc., Opnet Technologies Inc., PCTEL Inc., Phoenix Technologies Ltd., Power Integrations Inc., SupportSoft Inc., TeleCommunication Systems Inc., Terrestar Corp., Transmeta Corp. and Website Pros Inc. were added to the Russell 2000.
Acxiom Corp., Riverbed Technology Inc., Sanmina-SCI Corp. and Verifone Holdings Inc. moved to the small-stock Russell 2000 from the Russell 1000 index of large stocks.
Acacia Research Corp., Applied Energetics Inc., Arrowhead Research Corp., Borland Software Corp., Conexant Systems Inc., Ditech Networks Inc., Imergent Inc., Innovative Solutions & Support Inc., Lionbridge Technologies Inc., LivePerson Inc., Network Equipment Technologies Inc., On2 Technologies Inc., Openwave Systems Inc., PDF Solutions Inc., Silicon Graphics Inc. SourceForge Inc., Syntax Brillian Corp. and Veraz Networks Inc. were removed from the Russell 2000.
Ansys Inc., Equinix Inc., Flir Systems Inc., Nuance Communications Inc., On Semiconductor Corp. and SAIC Inc. were moved up to the Russell 1000 and removed from the Russell 2000.
Tacoma, Wash.-based Russell Investments realigns the Russell 3000 index once per year, tracking what it maintains is 99 percent of the U.S. equity market. That index is then broken down into 26 smaller indexes, including the widely watched Russell 1000 index of large capitalization stocks and the Russell 2000 index of small capitalization stocks.
The makeup of the Russell indexes for the next 12 months was finalized after the closing bell Friday.
Yeeeeeeesh. Let's just pretend this never happened.
BeaconEquity.com Issues TraderNotes on Active Stocks: CABN, NEXC, DFR, CNXTD, XJT, BUF, ONT, FLIRLast update: 6/30/2008 10:00:00 AMDALLAS, June 30, 2008 /PRNewswire via COMTEX/ -- BeaconEquity.com announces the availability of TraderNotes on stocks making news today. Investors can view all of the daily trading notes for free by visiting: Today's TraderNotes include: Carbon Sciences Inc. (CABN), NexCen Brands Inc. (NEXC), Deerfield Capital Corp. (DFR), Conexant Systems Inc. (CNXTD), ExpressJet Holdings Inc. (XJT), Minrad International Inc. (BUF), On2 Technologies Inc. (ONT), FLIR Systems Inc. (FLIR). Join the investor discussion surrounding these stocks at: BeaconEquity.com's TraderNotes are brief analyses on the active stocks each day that are affecting the markets. These include breaking news, insider activity, recent 52-week highs/lows, technical breakouts, and other market driving information. Beacon is the authority on research in the small-cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them. We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting: BeaconEquity.com is one of the industry's largest small-cap research providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, consolidating the publicly available information available on them. For more information on Beacon, please visit: CRD# 1755680 BeaconEquity.com Disclosure The companies that are discussed have not always approved the statements made in this opinion. These reports are for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell any securities mentioned. We are not a licensed or registered broker dealer, investment advisor, analyst or underwriter. Please consult a registered broker before purchasing or selling any securities viewed or mentioned here. Principals of BER have purchased three hundred thousand shares of restricted stock from CABN at 15 cents per share; additionally, BER and its affiliates have been compensated five thousand dollars a month directly from the company for enrollment of CABN for research and other services. Reuben Sushman of Beacon Equity Research is a member of the National Association of Securities Dealers, CRD number 1755680. Beacon Equity Research Jeff Bishop, (469)-252-3505 press@beaconequity.com
Available Topic Expert(s): For information on the listed expert(s), clickappropriate link.JEFF BISHOPSOURCE BeaconEquity.com
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ONT Bid: 0.7501 Ask: 0.7583 Last: 0.7514 ($): 0.0014 Vol: 95,273
wow, not sure if I should buy more here yet! Might wait a little longer to see what happens.
Sleepy times here for sure... any words about the filing anyone?
We ended up, does this mean its better? lol
Press Release Source: On2 Technologies, Inc.
On2 Technologies Announces Executive Changes
Friday June 13, 9:00 am ET
Matt Frost To Serve As Interim CEO
TARRYTOWN, N.Y., June 13 /PRNewswire-FirstCall/ -- On2 Technologies, Inc. (Amex: ONT - News), a leader in video compression solutions, today announced changes in its senior management team. The changes are effective immediately.
Bill Joll has resigned as President and Chief Executive Officer of On2 and as a member of the Board of Directors, positions he had held since May 2006.
Matthew Frost, EVP and General Counsel, has been named to the positions of Chief Operating Officer and interim Chief Executive Officer. Mr. Frost joined On2 in December 2003, and he has served as the Company's General Counsel since March 2006.
Mr. Joll will remain with On2 as an advisor to the interim Chief Executive until September 30, 2008, to effect a smooth transition of customer relationships and business development opportunities.
On2 has retained Spencer Stuart to conduct a search for a permanent Chief Executive Officer.
J. Allen Kosowsky, Chairman of the Board of Directors of On2 Technologies, said, "We would like to thank Bill for his two years of service to On2 and his productive work on behalf of the Company. We are very pleased to promote Matt Frost to COO, and fortunate to have an executive of his caliber to serve as interim CEO. In his four years at On2, Matt has distinguished himself as a highly intelligent leader with a talent for team building across cultures and disciplines. Matt's new role as COO will help ensure a high level of coordinated operations across our businesses."
Matthew Frost said, "I am honored by the Board's confidence in me, and I look forward to continuing my work with On2's talented team. Mr. Frost added, "We are completing the work necessary to file our 2007 annual report and our report for the first quarter of 2008 and believe we are in the final stages of this process. We look forward to moving past the issues that led to restatements for the second and third quarters of 2007 and are pleased that we continue to sign new contracts, as demonstrated by our recently announced multi-year agreement with Sun Microsystems. Our aim is to sustain this momentum and continue to meet demand for better video everywhere."
On2 also announced that the Company will schedule a conference call with investors to discuss financial results and business highlights once its annual and quarterly reports are filed.
About On2
On2 creates advanced video compression technologies for desktop and wireless environments. Powering the video in many of today's leading web and mobile applications and devices, On2's technology is used by customers including: Nokia, Infineon, Mediatek, Sony, Facebook, Brightcove, Move Networks, Adobe and Skype. On2 Technologies is headquartered in Tarrytown, NY USA. For more information please visit www.on2.com .
All trademarks mentioned in this document are the property of their respective owners.
Forward-Looking and Cautionary Statements
Except for the historical information and discussions contained herein, statements contained in this release may constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Our forward-looking statements are subject to risks and uncertainties. Actual results of the Company may differ materially from preliminary estimated results that the Company has previously announced as a result of various risks and uncertainties, including, among others, the Company's ability to complete and make amended filings with respect to prior periods; the Company's ability to complete and file its Form 10-K for the year ended December 31, 2007 and Form 10-Q for the quarter ended March 31, 2008; and certain other factors described in the Company's filings with the Securities and Exchange Commission. Forward-looking statements include statements about the Company's ability to restate financial statements and to complete those restatements in a timely and accurate manner; the Company's ability to complete and make amended filings with respect to prior periods; the Company's ability to complete and file its Form 10-K for the year ended December 31, 2007, and Form 10-Q for the quarter ended March 31, 2008; and the Company's ability to have its independent registered public accounting firm review restated quarterly financial statements, audit annual financial statements and review quarterly financial statements;. Many of these factors are beyond our ability to predict or control. In addition, as a result of these and other factors, our past financial performance should not be relied on as an indication of future performance. The Company does not assume any obligation to update any forward-looking statements or other information contained in this press release.
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Source: On2 Technologies, Inc.
(I think this is a good thing!)
Good luck everybody!
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