Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader for video content management and webcasting solutions, today announced that its new Mediasite Enterprise Video Platform won a 2013 AV Technology Award. This third annual awards program through AV Technology Magazine recognizes innovations that benefit end-users, technology managers and facility directors. Mediasite Enterprise Video Platform is named the ‘Best New Rich Media Data Management System.’ Winners were announced at the NewBay Media Awards Ceremony last week at InfoComm 2013 in Orlando, Fla. “Our community innovates every day — our readers make the connections, think ahead and solve problems,” said Margot Douaihy, AV Technology Magazine editor. “AV system failure is never an option for our community. The 2013 AV Technology Awards Program invests in these tech leaders and acknowledges the manufacturers who keep tech managers’ best interests — and changing needs — in mind.” Mediasite Enterprise Video Platform, released earlier this year, is the most advanced, open and integrated approach to any campus or enterprise strategy for creating, managing and distributing all video-based content — whether it was generated by Mediasite or another tool. The platform can import any video including Adobe Flash, QuickTime, AVI, Windows Media, MPEG4 and others, and transform them into rich video files that are indexed, searchable and secure, with play-back on nearly any device from desktops and tablets to smart phones. “It’s an honor for Mediasite Enterprise Video Platform to be recognized by esteemed industry judges as the best new rich media data management system. Video initiatives are growing faster than ever before, and we are setting the standard by which enterprises unleash the power of their video by streamlining its creation, management and distribution,” said Gary Weis, Sonic Foundry Chief Executive Officer. Trusted by more than 2,600 customers worldwide in education, business and government, the Mediasite webcasting and video content management system quickly and cost-effectively automates the capture, management, delivery and search of live and on-demand streaming videos and rich media presentations.
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.