Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted cornerstone of your enterprise, campus and event video content management and webcasting strategy, was among the select companies that Forrester Research, Inc. invited to participate in its report, The Forrester Wave™: Video Platforms for the Enterprise, Q1 2013. Sonic Foundry, the decade-long leader in academic video capture, believes that its appearance in the report reaffirms the company’s recent evolution to Mediasite Enterprise Video Platform and solidly establishes Mediasite as a recognized solution for comprehensive video content management. Mediasite Enterprise Video Platform provides enterprises and campuses an integrated approach for creating, managing and distributing all video-based content. It allows users to import any video, regardless of where or how it was created or recorded, and transform it into rich video that is indexed, searched, secured and played back on any device from desktops and tablets to smart phones. According to Forrester, “Sonic Foundry’s portal applications and video player provide an excellent user experience, and its media capture appliances simplify webcast recording. Sonic Foundry has expanded beyond webcasting with the recent introduction of its desktop recorder and the addition of features to manage video content other than webcasts.” Forrester evaluated 23 criteria of enterprise video platform vendors. Sonic Foundry scored a perfect 5 out of 5 points in the webcasting features category, and scored 4 out of 5 possible points in search and metadata support, workflow, video file ingest options and security categories. “Customers like the simplified operation and turnkey functionality of Madison, Wisconsin-based Sonic Foundry’s media recording appliances to synchronize content. They also like the rich playback experience for viewers. Sonic Foundry is unique in providing OCR [optical character recognition] to automatically index the text in slides, which makes it easy to search for specific webcast content. It is focused now on becoming more multipurpose. Sonic Foundry added a desktop recorder feature to support user-generated content uploads without its media recording appliances,” the report states.
“Sonic Foundry is pleased to have been cited as a strong performer in video platforms for the enterprise by Forrester in their first report on the space. I believe that to be recognized at this early stage in our video content management strategy is further validation that we know what is required for scalable, widespread adoption of content creation and management,” said Gary Weis, CEO of Sonic Foundry. “We’ve advocated and perfected wide-scale video capture of the knowledge shared in classrooms and conference rooms for more than a decade. Mediasite has proven to be seamless and powerful with a reliable management workflow that our customers wanted to apply to all of their video content and we’ve given them that power with Mediasite Enterprise Video Platform.”Trusted by more than 2,600 customers worldwide in education, business and government, the Mediasite enterprise, campus and event video content management and webcasting system quickly and cost-effectively automates the capture, management, delivery and search of live and on-demand streaming videos and rich media. About Sonic Foundry®, Inc. Sonic Foundry (NASDAQ: SOFO) is the trusted market leader for enterprise webcasting solutions, providing video content management and distribution for education, business and government. Powered by the patented Mediasite webcasting platform and webcast services of Mediasite Events, the company empowers people to advance how they share knowledge online, using video webcasts to bridge time and distance, enhance learning outcomes and improve performance. Product and service names mentioned herein are the trademarks of Sonic Foundry, Inc. or their respective owners. 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.