Mobile Multimedia Solution Makes VP6 for Adobe Flash Video Content Available to Carrier and Advertising Customers CLIFTON PARK, N.Y., June 25 /PRNewswire-FirstCall/ -- On2 Technologies (NYSE Amex: ONT) today announced that it has licensed its On2(R) VP6 Codec SDK to Mobixell Networks for use in the company's mobile multimedia processing and optimization platform. Mobixell solutions enable operators, advertisers and content providers to introduce multimedia services to mobile subscribers and maximize their revenue streams by delivering optimized, high-quality media content. The On2 codec SDK license enables Mobixell to convert VP6 videos from Adobe Flash format to formats playable on a wide range of mobile devices. The On2 VP6 video format is used in web, mobile and HD-quality form for leading sites such as Hulu, Vimeo, Yahoo! Video, Dailymotion, CCTV.com, 56.com, Tudou.com, Eurosport and others. "Our solutions are increasingly maximizing the potential of mobile video in a way that delivers a seamless video experience for customers, and On2 VP6 is an ideal component of our video solutions," said J. Simon Darr, AVP Marketing, Mobile Messaging at Mobixell. "The growth of video in our Social Media Gateway and other advertising solutions creates a greater need for content that can be delivered to the widest number of handsets and network operators. There is a lot of VP6 Flash content in the world, and our customers can now make that content available to their subscribers." "The integration of VP6 into the Mobixell platform validates the broad set of features that our formats offer for mobile video delivery," said Jim Bankoski, Chief Technology Officer for On2. "The innovative approach to carrier-grade mobile marketing solutions that Mobixell has developed is ideally suited to the rich quality levels that VP6 delivers for scalable, mass distribution of video to handsets." For more information about On2 video formats, visit http://www.on2.com/on2video. About Mobixell Networks Mobixell Networks provides innovative multimedia and advertising solutions to mobile operators and content providers. Mobixell's solutions focus on enhancing the user experience to increase adoption, encourage customer loyalty, and build on the operators' assets to introduce new revenue streams. Mobixell provides tailored solutions for multimedia processing and adaptation, and multi-channel mobile advertising to over 300 mobile operators and content players worldwide such as such as Vodafone, Orange, Swisscom and Telefonica. Founded in late 2000, Mobixell is based in Cupertino, California with additional offices in the UK, Germany, China, and Israel. For more information, visit http://www.mobixell.com/. About On2 Technologies On2 (NYSE Amex: ONT) creates advanced video compression technologies that power the video in today's leading desktop and mobile applications and devices. On2 customers include Adobe, Skype, Nokia, Infineon, Sun Microsystems, Mediatek, Sony, Brightcove, and Move Networks. On2 Technologies is headquartered in Clifton Park, NY USA. For more information visit http://www.on2.com/ or http://www.on2.cn/. On2 Technologies is headquartered in Clifton Park, NY USA. For more information, visit http://www.on2.com/. Trademarks mentioned in this release are the property of their respective owners. DATASOURCE: On2 Technologies CONTACT: John Luther, On2 Technologies, Inc., +1-518-348-0099 Web Site: http://www.on2.com/

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