Leading video streaming solutions and compression technology providers partner to bring annual event to a global audience IRVINE, Calif. and NEW YORK, Jan. 17 /PRNewswire-FirstCall/ -- VitalStream, the world leader in video streaming, and On2 Technologies, Inc. (AMEX:ONT), the premiere developer of Flash 8 video encoding tools, are bringing the 2006 Sundance Online Film Festival to the Internet in high-quality, Flash 8 video. DEEPBLU Studios, the creative group behind the world-renowned showcase for independent filmmakers, is leveraging VitalStream's powerful content delivery network (CDN) optimized for Flash 8 video delivery and On2 Technologies' Flash 8 video encoding tools to enhance the official Web site for the event, http://festival.sundance.org/. On2's product, On2 Flix Pro, enables creation and delivery of Flash 8 video content for a high-quality, seamless online experience for attendees. "Movie-goers want to be immersed in the films they see in a theater without thinking about how the film will be projected or delivered," said Amye Osti, creative director of DEEPBLU Studios. "Flash 8 video enables us to create the same experience for visitors to the Sundance Online Film Festival, offering high quality, evocative videos for a true Sundance experience." Earlier this year, VitalStream and On2 Technologies partnered to create a single-source solution to create and deliver pristine quality digital media content with Macromedia Flash 8 video, which is quickly emerging as the highest-quality format for streaming over IP. DEEPBLU will use On2 Flix Pro to create the video content, and VitalStream's CDN to deliver high-quality Flash 8 video to the hundreds of thousands of people who will visit the 2006 Sundance Online Film Festival. "Research shows more people are going online to view events like the Sundance Film Festival, supporting a need for advanced content delivery services," said Jack Waterman, chief executive officer of VitalStream. "VitalStream's leading video streaming services, supported by Flash 8 and combined with On2's video encoding, improve entertainment to attract and engage online audiences." "The Sundance Online Film Festival is the latest in the list of highly visible entities who are realizing the endless creative possibilities with Flash 8 video," said Eric Ameres, chief technical officer and executive vice president of software development for On2 Technologies. "On2 Flix Pro is rapidly becoming the tool-of-choice for Flash developers and digital media designers, and coupled with powerful content distribution networks from VitalStream, we're making Flash 8 video an increasingly viable, hotly desired medium for creating and delivering content." About VitalStream, Inc. VitalStream, Inc., a wholly owned subsidiary of VitalStream Holdings, Inc. (OTC:VSTH), is a global provider of integrated content delivery services that enable businesses to broadcast digital media and communications to worldwide audiences via the Internet. The company provides complete solutions, including video and audio streaming, live event broadcasting, media asset management, integrated Web hosting and consulting services, that seamlessly integrate with today's leading streaming media technologies. To ensure a worldwide reach, VitalStream engineered its award-winning content delivery network certified for quality delivery in the United States, Europe and Asia. For more information, visit http://www.vitalstream.com/. About On2 Technologies, Inc., The Duck Corporation On2 Technologies (AMEX: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, On2 Video compression and streaming technologies. On2 Video 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, XM Satellite Radio, NTT, AOL, BBC, ABC News, Nullsoft, SeaChange International, and Macromedia. The On2 Video 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 or visit http://www.on2.com/. DATASOURCE: On2 Technologies, Inc. CONTACT: Kevin M. Bourke of BourkePR, +1-781-545-7449, or , for On2 Technologies; or Katie Eakins, or Katie Assar, both of LEWIS PR, +1-619-516-2559, or , for VitalStream Web site: http://www.on2.com/ http://festival.sundance.org/

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