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On2 Technologies Incorporated, founded in 1992 and based in New York, develops video compression codecs that support Macromedia (R) Flash (R), Internet, voice over IP (VoIP), video-on-demand (VOD), and wireless content distribution processes. The firm's proprietary technologies have been licensed to ISPs, digital radio providers, software developers, and other companies worldwide. The company's TrueMotion VPx codecs optimize the delivery of high-quality video content. The Audio for Video Codec (AVC) integrates with VPx and other On2 Technologies codecs. VP3, introduced in 2003, is a free, open source compression technology. On2 Technologies also is known for its TrueCast client-server suite, Professional Encoding Station, and On2 Flix encoding products. On2 Flix handles a wide range of audio, video, and image formats. On2 Technologies is listed on AMEX under the ONT symbol. The firm was founded as The Duck Corporation.
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