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On2 Technologies to Present at Merriman Curhan Ford & Co.'s Annual IP Video Conference

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Press release date: February 27, 2008

TARRYTOWN, N.Y., Feb. 27 -- On2 Technologies, Inc. (AMEX:ONT), a leader in video compression technologies, today announced that Bill Joll, On2's President and CEO, will present at the 2nd Annual Merriman Curhan Ford & Co. IP Video Conference on March 3, 2008 at 11:15. This event will be held at the St. Regis Hotel in San Francisco, 125 Third Street.

The conference will bring together more than 50 leading IP video companies with institutional investors. This year's conference will also feature six interactive panel discussions:

o Communications Technology: IPTV and Cable/Telco competition and implications for suppliers

o Online Video Content: Creation and distribution

o Peer-to-Peer (P2P): The necessary ingredient for a HD world

o Rich Media Ad Technology: Emergence of new enabling technologies

o Social Networking: Disruptive force to established online media moguls

o Video-on-the-Go: Content creation and distribution for mobile networks

On2's solutions include On2's proprietary TrueMotion® compression schemes that reduce the bandwidth and processor requirements for stutter-free playback of high quality HD video; this enables IPTV providers to deliver compelling services to a wider addressable target market. The company's Flix® transcode and publishing solutions for internet video drive some of the webs most innovative UGC and social networking sites.

More information about the conference can be found at www.merrimanco.com .

About On2

On2 Technologies (AMEX:ONT) ensures a compelling video experience for any video application anywhere. From low bit rate to high definition, On2 provides optimized video compression technology enabling innovative solutions for application developers, content and service providers, chip vendors, device manufacturers, digital signage companies and beyond.

Through continual innovation, On2 satisfies the toughest quality, bandwidth, and power requirements for video. The company's proprietary (TrueMotion® VP6(TM), VP7(TM) and standards based (MPEG-2, MPEG-4, H.263, H.264, VC-1) codecs dominate the video market, with more than 1 billion deployments on desktops worldwide and more than 200+ million in mobile; they are also proven in silicon with over 25 semiconductor manufacturers globally.

Established in 1992 and headquartered in Tarrytown, New York, On2 has offices and partners in Finland, Germany, UK, Japan, China, Taiwan, Korea and India. Customers include Nokia, Samsung, Freescale, AMS, Atmel, Adobe/Macromedia, AOL, Sony, Skype, Facebook, VideoEgg, Brightcove, Move Networks and XM Satellite Radio. For more information please visit www.on2.com.

Source: On2 Technologies, Inc.

CONTACT: Tony Hope of On2 Technologies, Inc. + 358 440235 107 email: media@on2.com

Web site: http://www.on2.com/ http://www.merrimanco.com/
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