Open-Source Community Downloading VP3.2 at Impressive Clip; Approximately Two Thousand Licenses Have Been Executed to Date

Business Wire, Sept 18, 2001

Business Editors

NEW YORK--(BUSINESS WIRE)--Sept. 18, 2001

On2 Technologies Inc., The Duck Corporation (AMEX: ONT), the industry leader in video compression technology, today announced that since making their VP3.2 video compression technology available on September 7, approximately 2000 members of the open source community have executed the license necessary to download the available code.

A number of the registrants have been corporate users, both within the United States and from overseas.

A sampling of reactions include:

-- "The VP3 codec downloads and installs flawlessly..."

-- "Very impressive so far."

-- "I installed the codec for testing as an alternative to SV3 and found it to
be quick and efficient...thanks guys, and nice work, On2"

"The attention to the open-sourcing of VP3.2 has been positive and we look forward to talking with some of these users about consulting and integration opportunities," stated Douglas McIntyre, On2 Technologies President and CEO.

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) VP3/VP4). On2 licenses its high quality video codecs for use in set-top boxes, electronic gaming devices and wireless applications. In addition, On2 offers a suite of products and services, including high-level video encoding, hosting, streaming, customized technical support, and consulting services. Headquartered in New York City, the Company has an office in Albany, NY, and operations in London, UK, and Seoul, Korea. On2 may be reached at 145 Hudson Street, New York, NY 10013, telephone 917-237-0500 or info@on2.com. Investor inquiries should be sent to invest@on2.com. More information is available at www.on2.com.