MediaTek Uses On2 Codecs 652436

On2 licenses video technologies to MediaTek Inc.

February 12, 2008

1 Min Read

TARRYTOWN, N.Y. -- On2 Technologies, Inc. (AMEX:ONT), a leader in video compression technologies, announced today that it has licensed Hantro(TM) embedded software video codecs to MediaTek Inc. , a global leader in fabless semiconductor for wireless communications and digital media solutions. The agreement, signed on Dec 27, 2007, will allow MediaTek to provide the On2 codecs along with its baseband chipsets to mobile handset manufacturers.

On2's Hantro embedded video software codecs provide chip and device manufacturers with a fast way to enable compelling video performance for applications such as: player / streamer, video telephony and mobile TV. Highly optimized for the mobile environment, the codecs save battery-life through the efficient use of available processor resources and are designed to facilitate porting to multiple wireless platforms.

"This is a significant agreement for On2 as MediaTek is a clear market leader for baseband IC products," says Bill Joll, President and CEO of On2. "Through MediaTek we expect our Hantro embedded software codecs will be integrated to many mobile phones targeted for high volume market segments."

On2 Technologies

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