Sonic Foundry and Artbeats Team Up to Provide Digital Video Content; VideoFactory to Include Digital Film Library.Business Editors MADISON, Wis.--(BUSINESS WIRE)--Sept. 19, 2000 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 NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : SOFO SOFO Student Organization Financial Office (University of Colorado at Boulder) ), the leading developer and marketer of digital media and Internet software tools, services, and systems, announced today its collaboration with Artbeats, a leading provider of digitized video content, to provide royalty free digital stock media footage with its VideoFactory(TM) consumer-based video and audio editor. The content available for VideoFactory will include uncompressed AVI (Audio Video Interleaved) A Windows multimedia video format from Microsoft. It interleaves standard waveform audio and digital video frames (bitmaps) to provide reduced animation at 15 fps at 160x120x8 resolution. Audio is 11,025Hz, 8-bit samples. and QuickTime transitions, AVI Cinepak clips, and a variety of still images. "Sonic Foundry's VideoFactory software provides the perfect platform for consumers to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the variety of digital stock footage we offer," stated Phil Bates Phil Bates has been a part of many bands including Trickster, Quill and was the lead guitarist and backing vocalist for ELO Part II from 1993 through to 1998. Born in Tamworth in 1953, Phil grew to love music from the age of 10 after having heard The Beatles for the first time , president of Artbeats. "We feel this relationship is a great step toward our common goal to provide the best content and content editor in the industry." "This partnership enables Sonic Foundry to provide users of VideoFactory a full and comprehensive video source for all of their video creations. Adding professional stock footage to personal video projects provides a level of creative flexibility we feel users will greatly appreciate," said Jeff Conover, vice president of marketing at Sonic Foundry. Artbeats Digital Film Library provides digitalized video content directly from film with no analog conversion or compression. The media is scrutinized to remove any dust, scratches, and other artifacts artifacts see specimen artifacts. for each frame of every clip, resulting in high-quality stock film footage. About Artbeats Artbeats, founded in 1989, is an award-winning provider of royalty-free stock footage for professional use in broadcast, desktop video, multimedia, Internet and 3D texture mapping In computer graphics, the application of a type of surface to a 3D image. A texture can be uniform, such as a brick wall, or irregular, such as wood grain or marble. The common method is to create a 2D bitmapped image of the texture, called a "texture map," which is then "wrapped around" . The Artbeats Digital Film Library includes special effects special effects, in motion pictures, cinematographic techniques that create illusions in the audience's minds as well as the illusions created using these techniques. , lifestyles, backgrounds, clouds, aerials, and much more. VideoFactory users will be directed to the new Artbeats website, www.expressclips.com, where the hobbiest and family video producer can find exceptional footage for their needs at an affordable price. About Sonic Foundry Founded in 1991, Sonic Foundry is a leading developer and marketer of digital media and Internet software tools, services, and systems. Its award-winning products and services are used worldwide for multimedia and Internet applications including audio, video and film post-production, broadcast production, and digital content creation The development of newsworthy, educational and entertainment material for distribution over the Internet or other electronic media. See DAMS. . The Company's products and services offer media consumers everywhere the ability to create and capture media, edit the content, and deliver the information via fixed media channels or electronic distribution. Sonic Foundry's Media Services Division offers premium solutions for delivering audio and video content online. The division provides the industry's most powerful combination of proprietary technologies incorporating high-end encoding, webcasting, syndication systems, content and digital rights management, and consulting services. 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 the Company's products, the Company's ability to succeed in capturing significant revenues from media services, the effect of new competitors in the Company's market, integration of acquired businesses and other risk factors identified from time to time in the Company's filings with the Securities and Exchange Commission. |
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