Beyond.com Creates Online Sales Channel for Sonic New Sonic DVDit! Online Store Built and Managed by Beyond.com.Business/Technology Editors SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. and MARIN COUNTY, Calif.--(BUSINESS WIRE)--Oct. 9, 2000 E-commerce services provider Beyond.com(TM)(Nasdaq: "BYND") and Sonic Solutions Sonic Solutions NASDAQ: SNIC is a digital media company based in Novato, California, USA. It was created in 1986 by former Lucasfilm employees who developed the AudioDroid digital audio editing system as part of the Droidworks project. (Nasdaq: "SNIC SNIC Singapore National Institute of Chemistry SNIC Snow and Ice Clearance SNIC Sub-Network Independent Convergence (functions) SNIC Standard Network Interface Card ") today announced that Beyond.com has built and will manage an online store for Sonic's full line of DVDit! products. The new DVDIt! online store carries 15 Sonic SKUs including Sonic's multiple-award-winning DVDit! software, available for either physical or digital distribution. Customers can also track orders online through the new store. The new store is located at http://store.dvdit.com/. Sonic DVDit! is the easiest way to publish on DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. . Combining a simple and straightforward user interface with Sonic's award-winning DVD recording technology, DVDit! gives video professionals, video enthusiasts - anyone with a video camera and a PC - the power to create stunning interactive DVD content on their computer. "We turned to Beyond.com because of their experience and flexibility in designing and managing end-to-end e-commerce solutions," said Dan Leighton, vice president of marketing at Sonic Solutions. "We are excited about utilizing Beyond.com's expertise in customer service, account management and merchandising to create a fully customized, integrated store that will provide our customers with a seamless user experience." "Beyond.com is pleased to partner with Sonic, the leading provider of DVD publishing solutions, in providing a highly customized showcase for their world-class DVD products," said Ron Hulse, senior vice president of sales and marketing for Beyond.com. "We share Sonic's commitment to great products and positive customer experiences, and are excited to make DVDit! available for quick and reliable access by Sonic's DVDit! end users." About Beyond.com Beyond.com is an e-commerce services provider that builds, manages and markets online stores for businesses. The company also sells software and computer-related products to consumers and U.S. Government agencies. The company's BuyDirect Group provides eStores by Beyond.com, a suite of services that enables software developers, systems OEMs and hardware manufacturers to market and sell over the Internet. Beyond.com's Government Systems Group provides digital distribution of software and related services to a growing list of U.S. Government agencies. Beyond.com Corporation trades on the Nasdaq National Market under the symbol ("BYND"). More information on the company can be found in the company's filings with the Securities and Exchange Commission ("SEC"). About Sonic Solutions Based in Marin County, California Marin County (IPA: /məˈrɪn/) is a county located in the North San Francisco Bay Area of the U.S. state of California, across the Golden Gate Bridge from San Francisco. As of 2000, the population was 247,289. , Sonic (http://www.sonic.com) is the leading manufacturer of solutions for DVD publishing. Sonic DVDit! (http://www.dvdit.com) is the first application for DVD authoring DVD authoring describes the process of creating a DVD video that can be played on a DVD player. DVD authoring software must conform to the specifications set by the DVD Forum group in 1995. targeted at videographers and corporate video producers, and is bundled with major video editing See nonlinear video editing and video editor. , capture, encoding See encode. and media production systems. Sonic DVD Creator and DVD Fusion are the most widely-used systems for professional DVD publishing, and are installed worldwide at major studios, post production facilities and in corporate marketing departments. SonicStudio HD is the leading digital workstation for preparing audio for release on CD and the first for creating content for the new DVD-Audio format. Sonic is also a full voting member of the DVD Forum A membership organization devoted to defining DVD standards for read-only, rewritable, write-once, video and audio use. Members participate in working groups to develop new standards. , the standards-setting body for the DVD format See VOB and DVD. . Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Certain statements in this press release are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include the expectation that Beyond.com will operate and manage the eStore for Sonic Solutions. These expectations are subject to substantial risk and uncertainty, including the risk that the contract is terminated prematurely. Factors that might cause such a difference include, but are not limited to, the risks inherent in running a new Web store and the competitive landscape in which we operate. The e-commerce outsourcing marketplace for building and managing Web stores is new, rapidly evolving and intensely competitive. We expect competition to intensify as current and new competitors potentially launch new e-commerce services that offer a variety of outsourcing options to businesses. More information about risk factors that potentially could affect Beyond.com's eStores business and the company's financial results is included in the company(1)s 1999 Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the SEC. Click on SEC filings for more information. |
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