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On2 Technologies Inc., The Duck Corporation (AMEX:ONT), an industry leader in compression technology, has entered into an agreement with the Xiph.Org Foundation, developers of Vorbis, the popular open-source audio codec, to be the prime source of support, distribution, and further development of VP3.
In addition, with On2's support, Xiph will integrate VP3 into their Ogg Multimedia Framework, providing a full-featured, open- source, royalty-free alternative to expensive solutions such as MPEG- 4.
On2's VP3.2 video compression technology is the world's most efficient, open source video codec available. VP3 allows for high- quality video at the lowest possible data rates while still retaining the video's full frame-rate. The power of this codec is validated by the fact that it is available in Internet video players made by Apple and RealNetworks.
Vorbis is the first of a family of Ogg multimedia coding formats offered by the...