On2 Technologies Unveils Advanced Video Compression Format

On2 Technologies Inc. has launched its video compression format, On2 VP8. This 8th generation of On2 video is the perfect solution for web TV, IPTV and video conferencing companies looking to differentiate their product and service offerings by delivering higher quality video using less data and requiring less system resource for playback. Downloading and streaming HD movies and TV shows has become commonplace, and with affordable HD web cams, we will see rapid growth in high-resolution user-generated content as well as the wide-scale adoption of high quality video communication solutions. The On2 Video surpasses the compression performance of all other commercially available formats. In addition, the On2 VP8 bitstream requires fewer processing cycles to decode, so users do not need to have the latest and greatest PC or mobile device to enjoy On2 VP8 video quality. The On2 has worked closely with ARM to ensure suitability for porting to current and future ARM single and multi-core processors in mobile devices. The On2 video is proprietary to On2 Technologies and is available with patent-pool free licensing, avoiding the burdensome royalties associated with standards based formats.