On2 Technologies, Inc. (Amex: ONT) announced today that CodeBaby(R) Corp., the leading developer of virtual agent solutions, has licensed the On2 Flix Engine 8 video encoding solution for integration into its virtual agent platform.
CodeBaby virtual agents act as online support agents, eLearning assistants, virtual hosts and online sales agents on a wide variety of websites, devices and applications. The On2 Flix Engine enables CodeBaby to create better self-service products and more effective interactive learning experiences with high-quality video for Macromedia(R) Flash(R) Player 8 from Adobe.
"CodeBaby has broken new ground in online self-service and eLearning technologies, and the company continues to introduce innovative and broadly appealing techniques to improve online customer experience," said Eric Ameres, chief technical officer and executive vice president of software development for On2 Technologies. "With this agreement, On2 and CodeBaby are now working together to create a seamless, realistic, high quality virtual agent experience in Flash 8."
"Adding support for Flash 8 expands the market for CodeBaby significantly," said Shaheel Hooda, CodeBaby CEO. "By incorporating On2's technology into our virtual agent platform our clients now have the opportunity to reach a broader audience without compromising the quality of our 3D virtual agents. This allows us to enter entirely new markets by leveraging Flash Player support for alternative technology platforms, including set-top boxes, PDA's and mobile phones."
About CodeBaby
CodeBaby is the leader in Web-based virtual agent solutions, and enables organizations to integrate state-of-the-art, interactive 3D characters into their Web sites, applications and devices. CodeBaby's virtual agents improve a company's ability to interact with its customers cost-effectively, offer a higher level of on-line customer service, and make technology more enjoyable and easier to use. CodeBaby was named to the Branham Group's "Top 25 IT Up and Comers" list in 2004. It was also named a Finalist in the Red Herring Top 100 Most Innovative Companies list, and ranked among the Top 10 fastest growing companies in Alberta Venture's Fast 50 list for 2006. Customers include organizations in the telecommunications, automotive, and education industries, as well as government agencies. Additional information is available at http://www.codebaby.com.
About On2 Technologies, Inc., The Duck Corporation
On2 Technologies (Amex: ONT) is a leading technology firm at the forefront of digital video compression. The company revolutionized digital media delivery with the creation of its advanced full-motion, full-screen On2 Video compression and streaming technologies. On2 Video codecs are widely used in the Internet, video-on-demand, VOIP, and mobile media markets. They operate with On2's Flix and On2 TrueCast software, as well as third-party products. On2's software is used by such leading global companies as Adobe/Macromedia, AOL, Skype, XM Satellite Radio, Sony, VitalStream, and Tencent. The On2 Video decoder has an installation base of millions through its inclusion in Macromedia Flash Player 8 from Adobe, Skype 2, AOL Media Player, Viewpoint, and others. Located in New York City, the company has an office in Clifton Park, NY, and operations in Cambridge, UK. To contact On2, write to sales@on2.com or visit http://www.on2.com.
Trademarks mentioned in this release are property of their respective owners. Macromedia and Flash are registered trademarks of Adobe Systems Incorporated.