On2 and Xiph Release alpha version of Theora

               Open-Source Audio and Video Compression Leaders
                 Complete First Milestone With Alpha Release

    NEW YORK, Oct. 3 /PRNewswire-FirstCall/ --
On2 Technologies Inc., The Duck Corporation (Amex: ONT), the industry leader
in compression technology and Xiph.org Foundation, developers of
market-leading open-source muTheora is the project name for the combination of VP3, Vorbis Audio,
and Ogg media framework that represents a breakthrough in license- and
royalty-free open-source solutions for multimedia developers and users.ltimedia solutions, today announced the
completion and immediate availability of the initial Alpha code release of
Theora.    The
release and associated documentation are available now for download at
http://www.theora.org.
    "This preliminary code release represents the first time developers will
have access to a completely license- and royalty-free system that includes
world-class video and audio codecs in an integrated, streaming-friendly
format, with all the source code and intellectual property open, customizable,
and available for immediate, anonymous download," said Dan Miller, CTO and
Founder of On2 Technologies.
    "We are very, very happy with Theora Alpha One, and we've already got some
fantastic plans for Theora Alpha Two.  This is an engineering release, so it's
definitely for the wireheads, but it is definitely a milestone on the way to
Theora 1.0 next June.  The code wizards of the known universe are cordially
invited to start hacking," said Emmett Plant, CEO of Xiph.org Foundation.
    Theora 1.0 is scheduled for release in June of 2003.

    About On2 Technologies, The Duck Corporation
    On2 Technologies (Amex: ONT) is a video compression software company.  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 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.

    About Xiph.org Foundation:
    Xiph.org Foundation is a non-profit company dedicated to protecting the
foundations of Internet multimedia from control by private interests by
creating, producing and maintaining open multimedia standards.  The Xiph.org
Foundation can be found at http://www.xiph.org.

Click here