PRNewswire December 28, 2004 (1:50 PM EST)

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NEW YORK, Dec. 28 /PRNewswire-FirstCall/ -- On2 Technologies, Inc., The Duck Corporation, said that it will hold an investor conference call from the Consumer Electronics Show in Las Vegas, NV on January 6, at 5 PM Eastern Standard Time. The purpose of the call will be to update investors on recently introduced products and to explain how these and other products will be the focus of the company's new business efforts during 2005. On2's technology will be exhibited in several partner booths at CES and the company will also be demonstrating its technology and products at its suite in the Mirage Hotel. The company will distribute the phone number for the conference call and a summary of products to be discussed in a press release to be issued on January 6.

About On2 Technologies, The Duck Corporation

On2 Technologies (ONT) is a leading technology firm at the forefront of video compression. The company revolutionized digital media delivery with the creation of its advanced full-motion, full-screen, TrueMotion(R) VP4/VP5/VP6 compression and streaming technologies. On2's TrueMotion codecs are used extensively in the video-on-demand, videoconferencing, Internet media, surveillance, and store-and-play markets. They operate with On2's own TrueCast Server and Player software, as well as third-party player and server products. On2's software is used by such leading companies as Sony, NTT, AOL, BBC, ABC News, Nullsoft, SeaChange International, China Netcom, NHK, and Nanwang Multimedia. The VP6 decoder has an installation base of millions through its inclusion in AOL 9 Media Player, Winamp 5, Viewpoint Media Player, and others. On2 licenses its software for use in set-top boxes, consumer electronics devices and wireless applications and offers high-level video encoding, customized technical support, and consulting/integration services. Located in New York City, the company has an office in Clifton Park, NY, and operations in Cambridge, UK. To contact On2 write to sales@on2.com or visit .