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List:       theora
Subject:    [theora] On2/Google Merger Update
From:       Jason Self <jason.self () gmail ! com>
Date:       2009-12-18 23:56:21
Message-ID: EAA12A1D-C889-40E1-9A05-46E22CB97CE4 () gmail ! com
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Come on, shareholders -- Vote!


 From PRNewswire...

On2 Technologies, Inc. today announced that its stockholders voted to  
adjourn its Special Meeting of Stockholders to provide additional time  
to solicit proxies on the merger proposal.

As of December 18, a majority of On2's outstanding shares of common  
stock that have been voted were voted in favor of each of the merger  
proposal and the adjournment proposal.  However, approval of the  
merger proposal requires the affirmative vote of a majority of the  
issued and outstanding shares of On2's common stock, as opposed to  
just a majority of those shares voted.

"Since a large number of On2's stockholders have not yet voted,  
including many retail investors, we believe it is appropriate to  
adjourn the meeting and extend the voting deadline in order to give  
these investors a chance to vote", commented Matthew Frost, Interim  
Chief Executive Officer of On2.

The Special Meeting will be reconvened at the Comfort Suites in  
Venetian Room II at 7 Northside Drive, Clifton Park, NY 12065, at 4:00  
p.m. on Wednesday, December 23 2009.
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