SGI Japan Becomes Sole Distributor for On2 Technologies' Products to Provide Codec Technology and Solutions in the Japanese Digital Media Market that Achieve High Quality Visual Transmission at Low Bandwidth
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New Agreement Drives SGI Japan to Expand Media Broadband Business
TOKYO, and NEW YORK, Jan. 29 /PRNewswire-FirstCall/ -- SGI Japan, Ltd.
today announced that SGI Japan will be granted sole distributorship of On2
Technologies' products within the Japanese market.
The agreement will drive SGI Japan to aggressively promote marketing and
sales of On2 Technologies' software products based on the TrueMotion video
codec technology that achieves the industry's highest levels of efficiency in
transmitting high-quality images at low-bandwidth or low-bit rates.
SGI Japan, as a sole distributor for On2 Technologies, plans to provide a
wide variety of solutions in various fields, such as video content delivery
for telecommunications & broadcasting areas, video chat for retailers and
financial industries, video manuals and video mails for manufacturing,
in-house broadcasting for hotels and hospitals, e-learning systems for the
education field, and surveillance systems for the public facilities.
Until today, Media Cruise Solutions, which was founded by SGI Japan, NEC,
and others, has served as both sole importer and sole distributor for On2's
products in Japan. Under the new agreement, MCS will remain the sole importer
and provide technical support for On2's products, while SGI Japan will be the
sole distributor of On2's products in the Japanese market. With joint sales
and marketing efforts with MCS, SGI Japan will drive and expand its sales and
marketing activities for On2's products.
On2 Technologies is a leading provider of encoding software that
compresses visual content efficiently. The company also develops solutions
for delivery and playback of streaming media content. With the new lines of
digital multimedia products from On2 added to SGI Japan's existing wide
variety of solutions for encoding, delivery, reception, and replay of visual
data, SGI Japan will be able to meet the diverse needs of its customers more
flexibly.
SGI Japan, as a system integrator, suggests and provides the best breed of
solutions for each customer from a broad range of products centering on its
core competencies -- scalability, visualization, media broadband, and data
management.
The acquisition of the sole distributorship for On2 Technologies is part
of SGI Japan's business strategy as a system integrator. This distributorship
will enable SGI Japan to aggressively promote its media broadband business,
taking advantage of one of its core competencies.
On2 Technologies provides software codec technology and products adaptable
even to home electronic appliances and devices. Their products include the
Professional Encoder compression software for video and audio, TrueCast Server
for delivery of encoded data via servers, and the TrueCast Player software to
receive and replay the data.
These products support On2's VP5 and VP6 codecs, the next-generation video
compression technology that On2 has uniquely developed, offering up to
DVD-quality video at low datarate of 1Mbps, even on PCs with slower processor
such as the Intel(R) Pentium(R) 2. In addition, the fact that VP5 and VP6
video consumes less network bandwidth allows users to save network and
hardware resources.
SGI Japan is now promoting "SGI Japan e-Learning Solutions" to entirely
support customers' needs from video lecture content creation to content
delivery and archive, as a basis of their comprehensive content services, not
only with Video-on-Demand (VOD) for e-Learning, but also with delivery and
management capabilities including Content Delivery Network (CDN)
functionalities.
About On2 Technologies, The Duck Corporation
On2 Technologies (Amex: ONT) is a leading technology firm at the forefront
of video compression. The Company revolutionized video encoding with the
creation of its advanced full-motion, full-screen, video compression and
streaming technology (TrueMotion(R) VP4/VP5/VP6). On2 licenses its high
quality video codecs for use in set-top boxes, consumer electronics devices
and wireless applications. In addition, On2 offers a suite of products and
services, including high-level video encoding, customized technical support,
and consulting/integration services. Located in New York City, the Company
has an office in Clifton Park, NY, and operations in Cambridge, UK. On2 may
be reached at 21 Corporate Drive, Suite 103, Clifton Park, NY 12065 or
info@on2.com or sales@on2.com.
