Penn State University, The Dickinson School of Law Helps Sonic Foundry Surpass 1000th Customer Mark
One of America’s oldest law schools chooses Mediasite for new law school facilities
MADISON, Wis. - June 18, 2008 - Sonic Foundry, Inc. (NASDAQ: SOFO), the recognized market leader for rich media webcasting and knowledge management, today acknowledged its 1000th customer when Penn State University, The Dickinson School of Law selected Mediasite for lecture capture. With this announcement, Sonic Foundry now boasts customer deployments of Mediasite, its rich media lecture capture platform, in more than 35 countries and serving upwards of 600 colleges and universities.
Mediasite will be a key addition to Penn State Dickinson's new, $120 million unified law school facilities located at University Park and in Carlisle, featuring state-of-the-art courtrooms, classrooms, conferencing facilities, hearing rooms, reading rooms, gathering spaces, and an auditorium designed for law school as well as public use. Mediasite will provide real-time webcast delivery from building to building and to external audiences.
"Penn State Dickinson is delighted to have been recognized as Sonic Foundry's 1000th customer. We chose Mediasite after careful consideration of its current features, the direction of its future development and, in particular, with respect to the ease of scheduling and handling of recordings. The system's cross-platform compatibility, by virtue of moving entirely to Microsoft's new Silverlight technology, also played a significant role in the decision," said John Davie, director of Instructional and Information Technology at Penn State Dickinson.
Mr. Davie continued, "In alignment with the school's philosophy of advantaging students wherever possible through appropriate exposure to technology - as is increasingly being requested by the courts and forward-looking law firms - the new Mediasite systems will further enhance our students' learning experience in an already technology-rich environment."
"Marking this milestone with one of the most distinguished law schools in the country is an honor to Sonic Foundry, and a testament to the impact we're making in higher education," said Rimas Buinevicius, chairman and CEO of Sonic Foundry. "The new Dickinson facility reflects the ongoing momentum for colleges and universities around the globe to capture lectures, improve student performance and connect with alumni via Mediasite."
Since its introduction in 2003, Sonic Foundry's Mediasite has set the standard as a transformational communication medium for delivering critical information and sharing knowledge. Trusted by more than 500 colleges and universities, the patented Mediasite webcasting and content management system quickly and cost-effectively automates the capture, management, delivery and search of rich media presentations that combine audio, video and accompanying graphics for live or on-demand viewing.
About Penn State, Dickinson School of Law
The Dickinson School of Law was founded in 1834, making it the oldest law school in Pennsylvania and the fifth oldest in the nation. The Dickinson School of Law has a long tradition of training remarkably distinguished graduates. Five governors, three U.S. senators, and more than 100 federal, state and county judges proudly list Dickinson as their alma mater, as do prominent lawyers and civic leaders too numerous to count. With the merger of The Dickinson School of Law and Penn State University in 2000, the law school embarked on a new chapter in its history, adding rich interdisciplinary and international dimensions to its faculty and curriculum, and thereby educating lawyers not only for successful legal practice but for lifelong engagement with the political and societal issues that confront our nation and the world.
About Sonic Foundry ®, Inc.
Sonic Foundry (NASDAQ: SOFO, www.sonicfoundry.com) is the global leader for rich media webcasting and knowledge management, providing enterprise communication solutions for more than 1,200 customers in education, business and government. Powered by Mediasite, the patented webcasting platform which automates the capture, management, delivery and search of lectures, online training and briefings, Sonic Foundry empowers people to transform the way they communicate. Through the Mediasite platform and its Events Services group, the company helps customers connect a dynamic, evolving world of shared knowledge and envisions a future where learners and workers around the globe use webcasting to bridge time and distance, accelerate research and improve performance.
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.
Tammy Kramer
608.237.8592
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Rob Schatz
Wolfe Axelrod Weinberger Assoc. LLC
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Kristin Zurovitch
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