Canopus to Bundle Sonic Foundry's Vegas Video LE 3.0 Into Three of Its DV Converter Products.Business Editors & Technology Writers MADISON, Wis.--(BUSINESS WIRE)--July 22, 2002 Comprehensive Audio/Video Editing Solution Delivers Professional-Quality Results to Digital Video Producers and Enthusiasts Sonic Foundry Sonic Foundry is the former developer of various media software suites, which were purchased by Sony in late 2003. Sonic Foundry's current product line consists of the webcasting, presentation software Mediasite. (R) Inc. (Nasdaq: SOFO SOFO Student Organization Financial Office (University of Colorado at Boulder) ), a leading digital media software solutions company, today announced that Canopus(R) Corporation will bundle Sonic Foundry's Vegas(R) Video LE 3.0 digital video and audio editing Audio editing is the process of taking recorded sound and changing it directly on the recording medium (analog) or in RAM (digital). Audio editing was a new technology that developed in the middle part of the 20th century with the advent of magnetic tape recording. software with its newly introduced ADVC-1394(TM) media capture card, as well as its other established ADVC ADVC Analog to Digital Video Converter capture products -- the ADVC-50(TM) and ADVC-100(TM). These new offerings provide production professionals, consumers and corporate users with several comprehensive capture, conversion and editing solutions to choose from. "Bundling Vegas Video LE 3.0 with our suite of video and audio capture and conversion products will allow customers to manage the entire media capture and creation process using a single, powerful and easy-to-use technology platform," said Robert Sharp, vice president of marketing and sales at Canopus Corporation Canopus Corporation is a manufacturer of video editing cards and video editing software. Their competitors include Matrox and Pinnacle Systems. When 3dfx's Voodoo series of PC-gaming-oriented 3D graphics cards became popular in the mid-1990s, Canopus was well-known for . "Sonic Foundry's ability to offer the highest level of video and audio editing capabilities under one umbrella made it the clear choice for this very significant product offering." Canopus's ADVC plug-and-play design lets PC users easily capture and convert video from either VHS (Video Home System) A half-inch, analog videocassette recorder (VCR) format introduced by JVC in 1976 to compete with Sony's Betamax, introduced a year earlier. (analog) or DV (digital) camcorders, and then import the media into Vegas Video LE 3.0 software for editing and manipulation. ADVC capture cards use Canopus's proven DV codec (1) (enCOder/DECoder) A hardware circuit that performs analog-to-digital conversion (ADC) and digital-to-analog (DAC) conversion. When analog signals are entered into a computer, cellphone or other device via a microphone or video source such as VHS tape or analog TV, , along with the company's locked audio support for superior audio and video synchronization. Captured video and audio content can then be edited non-destructively in real-time and include powerful video effects See digital video effects. , customizable transitions, titles, still picture and video pan and scan See pan & scan. , DirectX plug-ins for audio processing and effects, streaming media See streaming audio, streaming video and digital media hub. content creation and more. "ADVC and Vegas Video LE 3.0 are a powerful combination that makes perfect sense for digital video enthusiasts and professionals," said Sonic Foundry's Brad Reinke, senior vice president and general manager of software. "With robust and professional-level capture and editing capabilities combined into one package, users are able to easily create high-quality productions for the home, Internet, school or business." All three of Canopus's Windows-compatible capture and conversion solutions will be bundled with Vegas Video LE 3.0, including: ADVC-1394, the industry's first OHCI-analog card with native digital and analog video The original video recording method that stores continuous waves of red, green and blue intensities. In analog video, the number of rows is fixed. There are no real columns, and the maximum detail is determined by the frequency response of the analog system. capture; ADVC-100, for two-way conversion of analog to digital and digital to analog; and ADVC-50, for converting real-time analog video. Users also can easily upgrade Vegas Video LE 3.0 to Sonic Foundry's premium video and audio software, Vegas Video 3.0. Pricing and Availability ADVC-50 and ADVC-100 are available now. ADVC-1394 will be available by the end of July 2002 from Canopus and its authorized dealers and system integrators. Suggested retail prices are $199 for ADVC-50, $299 for the ADVC-100 and $249 for the ADVC-1394. About Canopus Corporation Based in San Jose, Calif., Canopus Corporation manufactures award-winning, nonlinear video editing Editing video in the computer. Also called "nonlinear editing" (NLE), digital nonlinear systems provide high-quality post-production editing on a desktop computer. However, some detail may be lost if lossy compression is used to store the images (see lossy compression). products for video professionals and enthusiasts. Canopus's DV editing, MPEG-2 encoding and 3D DVE See digital video effects. products combine innovative hardware and software designs to set new standards in performance, functionality and reliability. Canopus Corporation has offices in the UK, Germany, Australia and China in addition to an extensive worldwide distributor network. Canopus Corporation's parent company, Canopus Co., Ltd., with headquarters in Kobe, is Japan's largest maker of video editing and graphics products. For more information contact Canopus at 408/954-4500 or visit their Web site at www.canopuscorp.com. About Sonic Foundry(R), Inc. Founded in 1991, Sonic Foundry (Nasdaq:SOFO) is a leading provider of desktop and enterprise digital media software solutions. Its complete offering of media tools, systems and services provides a single source for creating, managing, analyzing and enhancing media for government, business, education and entertainment. Sonic Foundry is based in Madison, Wis., with offices in Santa Monica, Toronto and Pittsburgh. For more information about Sonic Foundry, visit the company's Web site at www.sonicfoundry.com. Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to continued market acceptance for Sonic Foundry's products, its ability to succeed in capturing significant revenues from media services and/or systems, the effect of new competitors in its market, integration of acquired business and other risk factors identified from time to time in its filings with the Securities and Exchange Commission. |
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