EX-99.1
2
v122599_ex99-1.htm
Exhibit
99.1
. On2
Technologies Postpones Conference Call Due To Auditor Transition
August
7th, 2008
TARRYTOWN,
NY, August 7, 2008 - On2 Technologies, Inc. (AMEX: ONT), a leader in video
compression solutions, today announced that it has postponed its conference
call
to discuss its financial results for the second quarter of 2008, previously
scheduled for today, as a result of a previously disclosed auditor transition.
The company reported that unanticipated delays have arisen in connection with
the transfer of files from the company's former auditor to the company's current
auditor. On2 stated that there were no disagreements with its auditors. On2
expects to announce the date and time for the rescheduled conference call as
soon as the transfer of files is completed.
About
On2
On2
creates advanced video compression technologies for desktop and wireless
environments. Powering the video in many of today's leading web and mobile
applications and devices, On2's technology is used by customers including:
Nokia, Infineon, MediaTek, Sony, Facebook, Brightcove, Move Networks, Adobe
and
Skype. On2 Technologies is headquartered in Tarrytown, NY USA. For more
information please visit www.on2.com.
All
trademarks mentioned in this document are the property of their respective
owners.
Forward-Looking
and Cautionary Statements
Except
for the historical information and discussions contained herein, statements
contained in this release may constitute "forward-looking statements" within
the
meaning of the Private Securities Litigation Reform Act of 1995. Our
forward-looking statements are subject to risks and uncertainties. These
forward-looking statements that could cause actual results to differ materially,
include, among others, longer than expected delays in On2's completion of its
financial statements and Annual Report on Form 10-K, which could result in
longer than expected delays in the filing of the Company's Annual Report on Form
10-K, changes in On2's results of operations which could result in changes to
Safeguard's consolidated results of operations for 2007 as compared to 2006, and
certain other factors described in the Company's filings with the Securities and
Exchange Commission. Many of these factors are beyond our ability to predict
or
control. In addition, as a result of these and other factors, our past financial
performance should not be relied on as an indication of future performance.
The
Company does not assume any obligation to update any forward-looking statements
or other information contained in this press release.
Investor
Contact:
Garo
Toomajanian
ICR,
Inc.
invest@on2.com
phone:
+
518 348 0099 x3

EX - 99 . 1 2 v122599 _ ex99 - 1 . htm Exhibit 99 . 1 . On2 Technologies Postpones Conference Call Due To Auditor Transition August 7th , 2008 TARRYTOWN , NY , August 7 , 2008 - On2 Technologies , Inc . ( AMEX : ONT ) , a leader in video compression solutions , today announced that it has postponed its conference call to discuss its financial results for the second quarter of 2008 , previously scheduled for today , as a result of a previously disclosed auditor transition . The company reported that unanticipated delays have arisen in connection with the transfer of files from the company 's former auditor to the company ' s current auditor . On2 stated that there were no disagreements with its auditors . On2 expects to announce the date and time for the rescheduled conference call as soon as the transfer of files is completed . About On2 On2 creates advanced video compression technologies for desktop and wireless environments . Powering the video in many of today 's leading web and mobile applications and devices , On2 's technology is used by customers including : Nokia , Infineon , MediaTek , Sony , Facebook , Brightcove , Move Networks , Adobe and Skype . On2 Technologies is headquartered in Tarrytown , NY USA . For more information please visit www.on2.com . All trademarks mentioned in this document are the property of their respective owners . Forward - Looking and Cautionary Statements Except for the historical information and discussions contained herein , statements contained in this release may constitute " forward - looking statements " within the meaning of the Private Securities Litigation Reform Act of 1995 . Our forward - looking statements are subject to risks and uncertainties . These forward - looking statements that could cause actual results to differ materially , include , among others , longer than expected delays in On2 's completion of its financial statements and Annual Report on Form 10 - K , which could result in longer than expected delays in the filing of the Company 's Annual Report on Form 10 - K , changes in On2 's results of operations which could result in changes to Safeguard 's consolidated results of operations for 2007 as compared to 2006 , and certain other factors described in the Company 's filings with the Securities and Exchange Commission . Many of these factors are beyond our ability to predict or control . In addition , as a result of these and other factors , our past financial performance should not be relied on as an indication of future performance . The Company does not assume any obligation to update any forward - looking statements or other information contained in this press release . Investor Contact : Garo Toomajanian ICR , Inc . invest@on2.com phone : + 518 348 0099 x3