On2 Technologies Increases Sales Capacity in U.S. Western Region and Europe Company Adds Seasoned Marketing and Business Development Capacity NEW YORK, May 10 /PRNewswire/ -- On2 Technologies, Inc., The Duck Corporation, today announced that it has entered into sales arrangements with Marcom Connections, LLC in Los Angeles and Ariandne Captial in London to expand the company's sales and business development capacity. Marcom is owned and operated by Raymond F. Ribble, a software industry veteran with extensive sales and marketing experience in the U.S. and Japan. Ariadne has broad relationships with telecommunications, consumer electronics and cable companies throughout Europe. "The suite of TrueMotion products at On2 is changing the way content is delivered over a variety of networks," said Bundeep Singh Ranger, COO of Ariadne Capital. "We are excited about the opportunity to build on On2's early successes in Europe and to take the technology to our pan-European network of leading media, internet and wireless companies." Marcom's Raymond Ribble will provide senior-level business development expertise to compliment On2's strategy of maximizing their presence in U.S. and international markets. Ribble will help to accelerate On2's revenue goals and implement sales practices that create competitive differentiation in today's complex sales environment. As On2's Western Region Sales Manager, Ribble is responsible for designing and managing initiatives within On2's market that will lead directly to improved customer relations and higher revenue development expectations. Prior to joining On2, Ribble established his credentials with 20 years of sales, sales management, engineering and business operations experience. His career began in aerospace engineering and includes international and corporate sales management, as well as executive-level operational management positions. He has extensive experience working with technology corporations, and has particular expertise in systems integration and systems planning. "As broadband use in the U.S. and Europe begins to match Asian markets, customer interest in On2's software in these markets is rising," said Douglas A. McIntyre, Chairman, President and Chief Executive Officer of On2. "We need experts who can help us capitalize on our advantages in video compression. Marcom and Ariadne fit these needs extremely well," he added. About Ariadne Capital Ariadne Capital is a European investment and advisory firm, which invests in early stage private and advises later stage private and public companies, undergoing significant growth or change. Ariadne Capital provides its portfolio companies as well as strategic partners, access to a network of industry executives and investors, hands-on management and Board level assistance to implement strategic, operational and financial plans. Ariadne helps companies access capital, secure executives, leverage innovation and generate sales, the latter of which will be the focus of the joint collaboration with US based On2 Technologies Inc. Visit their website at http://www.ariadnecapital.com/ -- "Building Europe.net" About On2 Technologies, The Duck Corporation On2 Technologies (ONT) is a leading technology firm at the forefront of video compression. The Company revolutionized video encoding with the creation of its advanced full-motion, full-screen, video compression and streaming technology (TrueMotion(R) VP4/VP5/VP6). On2 licenses its high quality video codecs for use in set-top boxes, consumer electronics devices and wireless applications. In addition, On2 offers a suite of products and services, including 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. On2 may be reached at 21 Corporate Drive, Suite 103, Clifton Park, NY 12065 or or . DATASOURCE: On2 Technologies, Inc. CONTACT: Tim Reusing of On2 Technologies, +1-646-292-3533 Web site: http://www.on2.com/

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