Replies to post #348 on NEW EDIG

[cksla]

On2 Technologies, CNC International Sign Deal for Satellite Distribution of Video

On2's VP6 to Be Used for Live Streaming

NEW YORK and BEIJING, March 31, 2004 -- On2 Technologies, Inc., The Duck Corporation today announced that it has signed a contract with China Netcom Communication International Corporation (CNC International Corporation, Ltd.) for use of On2's VP6.2 video codec and TrueCast servers for the broadcast of video via satellite and the Internet for educational and cultural projects in China.

CNC International is a facilities-based broadband communications operator that provides a full spectrum of services and solutions to meet the broadband telecommunications needs of businesses and individuals.

"This arrangement expands our footprint in China from EVD, HD TV and surveillance and PVR devices to satellite broadcast of broadband content," said Douglas A. McIntyre, On2 Chairman, President and Chief Executive Officer. "We are optimistic that this is the beginning of a long relationship with CNC International," he added.