CLIFTON PARK, N.Y., Nov. 4 /PRNewswire-FirstCall/ -- On2 Technologies, Inc. (NYSE Amex: ONT) today announced that the Securities and Exchange Commission (the "SEC") has declared effective a Form S-4 Registration Statement, which includes a Proxy Statement of On2 and also constitutes a Prospectus of Google Inc. (NASDAQ:GOOG) (the "proxy statement/prospectus"), in connection with the proposed acquisition of On2 by Google. As described below, holders of On2 common stock as of the voting record date will be asked to approve the proposed acquisition by Google at the On2 special meeting (the "special meeting"), to be held on December 18, 2009. On2 will commence the mailing of the proxy statement/prospectus to all holders of On2 common stock identified as of the close of business on October 20, 2009, which is the date set by the On2 board of directors as the notice record date for the special meeting. The On2 board of directors also has set the close of business on December 3, 2009 as the voting record date. All holders of On2 common stock as of the voting record date will be entitled to vote on the merger proposal at the special meeting. As soon as practicable following the voting record date, On2 will conduct a second mailing of the proxy statement/prospectus, along with all documents incorporated by reference into the proxy statement/prospectus, to any On2 stockholders who were not holders of On2 common stock as of the notice record date but who are holders of record as of the voting record date. The proposed merger is subject to customary closing conditions, including the requisite approval by holders of On2 common stock. About On2 Technologies, Inc. On2 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 Technologies is headquartered in Clifton Park, NY USA. For more information, visit http://www.on2.com/ or http://www.on2.cn/. Forward-Looking Statements Information set forth in this communication contains forward-looking statements, which involve a number of risks and uncertainties. On2 cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Without limiting the foregoing, On2 cannot guarantee that the merger with Google will be completed on a timely basis, if at all. Among other things, the transaction is subject to approval of On2's stockholders. In addition, each party has termination rights in certain limited circumstances. The risks and uncertainties included above are not exhaustive. Additional Information and Where to Find It Google has filed the Registration Statement with the SEC in connection with the proposed merger, which includes a Proxy Statement of On2 and also constitutes a Prospectus of Google. The definitive proxy statement/prospectus is being mailed to holders of On2 common stock identified as of the notice record date. The Registration Statement and the proxy statement/prospectus contain important information about Google, On2, the proposed merger and related matters. Investors and security holders are urged to read the Registration Statement and the proxy statement/prospectus (including all amendments and supplements to it) carefully. Investors and security holders may also obtain free copies of the Registration Statement and the proxy statement/prospectus and other documents filed with the SEC by Google and On2 through the web site maintained by the SEC at http://www.sec.gov/ and by contacting Google Investor Relations at +1-650-253-7663 or On2 Investor Relations at +1-518-881-4299. In addition, investors and security holders can obtain free copies of the documents filed with the SEC on Google's website at investor.google.com and on On2's website at http://www.on2.com/. The proxy statement/prospectus is now publicly available, and On2 anticipates disseminating the same on or about November 5, 2009. Participants in the Solicitation Google, On2, and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed merger. Information regarding Google's executive officers and directors is included in Google's definitive proxy statement, which was filed with the SEC on March 24, 2009, and information regarding On2's executive officers and directors is included in On2's definitive proxy statement, which was filed with the SEC on April 7, 2009. The definitive proxy statement/prospectus for the proposed merger also provides additional information about participants in the solicitation of proxies from On2 stockholders, which participants' interests may differ from On2 stockholders generally. You can obtain free copies of these documents from Google or On2 using the contact information above. DATASOURCE: On2 Technologies, Inc. CONTACT: On2, Garo Toomajanian, +1-518-881-4299, Web Site: http://www.on2.com/

Copyright