On2 Technologies Releases On2 Flix Cloud On-Demand Video Transcoding Service
April 14 2009 - 8:30AM
PR Newswire (US)
Solution Lowers Costs of Video Transcoding While Decreasing Time to
Market CLIFTON PARK, N.Y. and HOPKINS, Minn., April 14
/PRNewswire-FirstCall/ -- On2 Technologies, Inc. (NYSE Amex: ONT)
today announced the release of its On2 Flix(R) Cloud on-demand
video transcoding service, developed in partnership with Zencoder,
LLC. The new service combines On2 Flix Engine transcoding software
with Zencoder's video encoding web application. Flix Cloud runs
predominantly within the Amazon Elastic Compute Cloud (EC2). Flix
Cloud dramatically lowers video transcoding costs and entry
barriers for organizations that need to quickly convert large
quantities of video content. Video publishers can subscribe to Flix
Cloud with no start-up costs or long-term contracts, and can begin
transcoding videos the same day. Flix Cloud harnesses the growing
availability of cloud computing services for the CPU-intensive task
of transcoding video. Traditionally, an organization would need to
make substantial investments in datacenter resources and software
licenses before beginning video transcoding operations at scale.
With the Flix Cloud service, customers can budget projects on a
'pay as you go' model and use only the bandwidth and servers they
require at a given moment. Whether encoding dozens of videos to HD
or thousands for the web, Flix Cloud charges customers a
volume-based rate for the amount of data they transfer through the
service, with no monthly subscription fees or minimum charges. In
addition, Flix Cloud provides carefully designed 'encoding recipes'
for the most common transcoding cases, ensuring best quality with
minimal configuration. "After a successful public Beta, we're very
excited to release Flix Cloud," said Frank Galligan, General
Manager, Applications, and VP of Engineering for On2. "The
explosion in digital video content is increasing the complexity of
encoding. Customers need to convert whole libraries of content to
Flash, HD, and mobile formats at once, while keeping operational
costs low. As a highly scalable, virtual service, Flix Cloud
uniquely responds to these market needs." On2 will present Flix
Cloud at Streaming Media East, May 12 & 13 at the New York
Hilton Hotel. For more information, or to sign up for Flix Cloud,
visit http://www.flixcloud.com/. About On2 Technologies and On2
Flix Engine On2 (AMEX:ONT) creates advanced video compression
technologies that power the video in today's leading desktop and
mobile applications and devices. On2 customers include Adobe,
Skype, Nokia, Infineon, Sun Microsystems, Mediatek, Sony,
Brightcove, and Move Networks. On2 is also an industry leader in
server-based video transcoding software. Their On2 VP6 video format
provides web and HD-quality video for leading sites such as Hulu,
Vimeo, Yahoo! Video, Dailymotion, CCTV.com, 56.com, Tudou.com and
Eurosport.com. On2 Technologies is headquartered in Clifton Park,
NY USA. For more information visit http://www.on2.com/ or
http://www.on2.cn/. The On2 Flix Engine SDK is a leading enterprise
video encoding platform for Linux and Windows used by leading web
video, broadcast, social networking and other leading enterprises
for creating video in multiple formats. About Zencoder LLC Zencoder
is a full-stack video transcoding system that handles every aspect
of video processing, from queuing to transcoding to storage.
Zencoder is easy to set up, extremely scalable, highly reliable,
and integrates through a simple web services API. The system can
run on a variety of platforms, including Amazon EC2,
high-performance server hardware, and commodity hardware. The team
behind Zencoder is involved in the open source software community
and created the Ruby video transcoding library RVideo. To learn
more about Zencoder, visit http://www.zencoder.tv/. Trademarks
mentioned in this release are property of their respective owners.
DATASOURCE: On2 Technologies, Inc. CONTACT: Chris Pfaff, On2
Technologies, Inc. +1-973-509-6565, Web Site: http://www.on2.com/
Copyright
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