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Saturday, 07/05/2003 3:22:28 PM

Saturday, July 05, 2003 3:22:28 PM

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On2 Technologies Ports VP6 Codec to Philips Nexperia PNX-1300 Series of Media Processors
Tuesday May 20, 7:30 am ET
Processors Capable of Seven Billion Operations Per Second in Applications Requiring Real-Time Video, Audio, Graphics and Communications


NEW YORK, May 20 /PRNewswire-FirstCall/ -- On2 Technologies, Inc., today announced that it is porting its new VP6 video codec to the Philips Nexperia PNX 1300 Series of Media Processors. These low-cost, high-performance chips deliver up to 200 MHz of power to a variety of multimedia applications.
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The PNX 1300 Series Processors feature an advanced TriMedia VLIW CPU, and are ideal for a variety of standalone and networked multimedia products. They can perform audio and video compression and decompression, while simultaneously running communications protocols in real time.

"This is a major step in our program to have VP6 available to the set-top and home entertainment markets worldwide and we are very pleased to have this partnership with Philips," said Douglas A. McIntyre, Chairman, President and Chief Executive Officer of On2 Technologies, Inc.

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