MADISON, Wis. — March 7, 2012 — Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted market leader for lecture capture, enterprise and event webcasting, today announced availability of Mediasite playback on Android mobile devices. This announcement supports the ongoing evolution of Sonic Foundry’s mobile strategy and commitment to support the growing base of Android users worldwide.
According to the Google Mobile Blog, Android has a year-over-year growth rate of 250 percent, with 850,000 new devices coming online each day and more than 300 million devices already in use around the world. By engineering for Android support, Sonic Foundry is responding to both the platform growth and growing adoption of Mediasite 6, its most recent webcasting platform release which leverages live HD mobile streaming to radically accelerate the adoption of lecture capture and video content management for education institutions, corporations and government at any stage in their video streaming initiatives.
“Mediasite support for Android is the ideal solution for Android-carrying students, faculty and staff within the University of Tennessee system. Lectures and special events like commencement and guest speakers will be available at the tap of a button,” said Jack Holden, webcasting administrator at the University of Tennessee, Knoxville.
“When it comes to mobile playback, Mediasite is driving an incredible volume of video and rich media at the university and enterprise level. We’re delighted that anyone with an Android, iOS or BlackBerry device now has real-time access to streaming presentations in the palm of their hand,” said Gary Weis, CEO of Sonic Foundry. “Mobile devices are evolving at a blistering pace, and we are dedicated to supporting our customers’ needs as new platforms become available.”
Mediasite is a five-time consecutive winner of Streaming Media’s Readers’ Choice Awards and has been named the Global Market Share Leader for Lecture Capture Solutions by Frost & Sullivan for three consecutive years.
About Sonic Foundry®, Inc.
Sonic Foundry (NASDAQ: SOFO, www.sonicfoundry.com) is the trusted market leader for enterprise webcasting and lecture capture, providing video communication solutions for education, business and government. Powered by the patented Mediasite webcasting platform and Mediasite Events group, the company empowers people to transform the way they communicate online, using video webcasts to bridge time and distance, accelerate research 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.
