Sonic Foundry Teams With RealNetworks to Deliver Best-of-Breed Live and On-Demand Rich Media Streaming Solution.Business Editors & Technology Writers MADISON, Wis.--(BUSINESS WIRE)--Feb. 6, 2002 Sonic Foundry's MediaSite Live(TM) technology chosen to power RealNetworks' new worldwide Webcasting service; gives companies a cost-effective, rich media alternative to travel 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. Inc. (Nasdaq:SOFO SOFO Student Organization Financial Office (University of Colorado at Boulder) ), a leading provider of rich media software, systems and services, today announced that RealNetworks(R), Inc. (Nasdaq:RNWK RNWK Real Networks (stock symbol) ) will license MediaSite Live, Sonic Foundry's new live and on-demand Webcasting application. Through the agreement, MediaSite Live provides a major capability for the new Conference Webcasting Service offered by Real Broadcast Network(TM) (RBN RBN Robin RBN Radio Beacon RBN Registered Business Name (Republic of Ireland) RBN Russian Backbone Network RBN Regional Broadband Network RBN Richard's Bridge Notation RBN Radio Broadcast Network RBN Requirements by Name ), the content delivery network division of RealNetworks. Together, Sonic Foundry and RealNetworks' offering provides the industry with the most streamlined and easy-to-deploy Webcasting solution available. By integrating Sonic Foundry's MediaSite Live product, RealNetworks provides a high quality, rich media platform that offers customers significant new capabilities and enhancements over other competing solutions, including: -- Total flexibility of capturing and streaming any type of digital content -- from presenter video to presentation graphics, such as Microsoft PowerPoint(R) slides, to any type of business document or other media collateral; -- High quality delivery of streamed content that can quickly and easily be scaled to thousands of participants; -- Instantaneous "on-demand" access to Webcast content after the event; and, -- Single-source rich media delivery and management services, including archiving, and, advanced processing for content re-use. "MediaSite Live gave us the software foundation on which to build a complete turn-key conference Webcasting solution that allows an association or conference producer to truly extend their event online," said Nagesh Pabbisetty, vice president, Real Broadcast Network, RealNetworks, Inc. "Event producers can come to us to help them plan, produce, distribute and market the event online. Through our work with Sonic Foundry, we can offer an easy to use service that our customers can use to create compelling and engaging synchronized syn·chro·nize v. syn·chro·nized, syn·chro·niz·ing, syn·chro·niz·es v.intr. 1. To occur at the same time; be simultaneous. 2. To operate in unison. v.tr. 1. multimedia presentations for their end users and members." Real Broadcast Network's new Conference Webcasting Service incorporates MediaSite Live and is a complete as a turnkey system A complete system of hardware and software delivered to the customer ready-to-run. In other words, just "turn the key" and go. A Turnkey Video System for capturing, encoding, synchronizing synchronizing, n a technique that a therapist uses to coordinate his or her breath with that of the client; builds trust and establishes relationship. and streaming rich media content to the hosted application. The solution is particularly well suited for conference and association keynote and seminar presentations, and provides RealNetworks with an expanded set of options for producing, hosting and delivering large-scale Webcasts. "Given the dramatic fall-off and expected continued reduction in company travel and corporate spending, RealNetworks and Sonic Foundry are bringing a combined solution to market that offers all the necessary ingredients users want in a state-of-the-art interactive Webcasting solution," said Rimas Buinevicius, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Sonic Foundry. "MediaSite Live enables individuals and corporations to more easily and effectively create and communicate using rich media at their desktop or laptop in an efficient, engaging way. We are committed to helping our customers leverage, distribute and manage their rich media content in the most cost-effective and powerful way possible." Because it is part of the Sonic Foundry Media Systems' suite of enterprise-class communication products, content captured with MediaSite Live can be seamlessly incorporated into other Sonic Foundry solutions, including the company's MediaSite Publisher(TM), which makes content easier to find, access and use by providing search, highlighting and navigation capabilities. Applications for Sonic Foundry and RealNetworks' new Webcasting service include: virtual conferences and tradeshows, company product launches and product-related learning, CEO speeches, earnings calls, damage control or crisis communications Crisis communications are generally considered a sub-specialty of the public relations profession that is designed to protect and defend an individual, company, or organization facing a public challenge to its reputation. , online seminars, corporate training, news announcements, telemedicine and live distance learning. In January, RealNetworks provided its Conference Webcast service to the Society of Critical Care Medicine (SCCM SCCM Society of Critical Care Medicine SCCM System Center Configuration Manager (Microsoft) SCCM Standard Cubic Centimeters per Minute SCCM Software Change and Configuration Management SCCM South Carolina Columbia Mission ) and deployed a live Webcast of the keynotes and select sessions of the 31st Critical Care Congress from the San Diego Convention Center The San Diego Convention Center is the main convention center for the city of San Diego, California. It is located in the Marina district of downtown San Diego near the Gaslamp Quarter, at 111 West Harbor Drive. on Jan. 26-30. With nearly 10,000 worldwide members, the SCCM is the largest multidisciplinary, multiprofessional organization dedicated to ensuring excellence and consistency in the practice of critical care medicine. For more information on Sonic Foundry and its rich media offerings, contact the company at 412/288-9910 or visit its Website at www.sonicfoundry.com. Additional information and pricing for RealNetworks' new RBN Conference Webcasting Service is available at: www.rbn.com. About Sonic Foundry Sonic Foundry(R), founded in 1991, is a leading provider of professional rich media solutions with offices in Madison, Wis., Santa Monica Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. , Ca., Pittsburgh, Pa., and Toronto, Canada. Sonic Foundry Media Systems (formerly MediaSite) provides a full suite of solutions for the customized development of scalable rich-media communications applications that allow media and entertainment companies, as well as corporate enterprises and government agencies, to deploy, manage and distribute video content on IP-based networks. Sonic Foundry Media Software develops sophisticated software tools for the creation, editing and publishing of digital multimedia. Production professionals use its Sound Forge Sony Sound Forge, formerly known as Sonic Foundry Sound Forge, is a digital audio editing and creation suite aimed at the professional as well as the semi-professional market. (R), ACID(TM), Vegas(R) Video and Vegas(R) Audio tools worldwide for everything from music creation and mastering, to non-linear digital video editing See nonlinear video editing and video editor. and streaming media See streaming audio, streaming video and digital media hub. development. Sonic Foundry Media Services is the pre-eminent supplier of digitization dig·i·tize tr.v. dig·i·tized, dig·i·tiz·ing, dig·i·tiz·es To put (data, for example) into digital form. dig , management, and delivery solutions for various industries, with emphasis placed on services for the entertainment sector. These services consist of conversion, reformatting, and encoding of television, film, and audio content for multiple delivery platforms. Serving as the link between content and customers, the services enable media delivery through existing and emerging distribution channels. About Real Broadcast Network Real Broadcast Network (RBN) is the content delivery network division of RealNetworks, Inc., and is a recognized leader in providing Internet broadcasting Internet Broadcasting (formerly Internet Broadcasting Systems), or IBS, is a provider of television station web sites. IBS hosts over 70 local stations' sites, and co-produced NBCOlympics. solutions and advanced advertising capabilities through streaming media. RBN is one of the largest hosting solutions providers worldwide, supporting hundreds of radio stations, TV stations and cable networks, as well as broadcasting thousands of discrete online events each month. Consumer audiences are ensured a high quality Internet media experience from narrowband to broadband when experiencing content that is delivered over RBN's distributed network through partnerships with leading backbones and ISPs worldwide. Real Broadcast Network's corporate information is located on the Internet at http://www.rbn.com. Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . 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 per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. 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. RealNetworks and Real Broadcast Network are trademarks or registered trademarks of RealNetworks, Inc. |
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