MADISON, Wis., March 5 /PRNewswire-FirstCall/ — Sonic Foundry (R), Inc. (NASDAQ:SOFO) , a leader in automated webcasting and visual content management solutions, today announced it will open the NASDAQ Stock Market on Wednesday, March 7th at 9:30 a.m. EST. The event will highlight the Company’s new and advanced multi-modal search capabilities for online video and web presentations by Sonic Foundry’s CEO, Rimas Buinevicius. Sonic Foundry’s advanced technology performs an analysis and search of online audio, video, text and graphical information by combining phonetic search, optical character recognition, language processing and contextual analysis into a proprietary algorithm. As a result, this process yields more contextually relevant search results for rich media content, thereby allowing information and knowledge to be found more rapidly.
Mr. Buinevicius, members of the Company’s management team and friends will be on hand to participate in the NASDAQ opening ceremonies. To view the opening on the NASDAQ Webcam, go to http://www.nasdaq.com/reference/marketsite_about.stm and click on ‘MarketSite Web Cam’ at the bottom part of the webpage. To view Sonic Foundry’s new multi-modal search capabilities with an introduction to the technology by the Company’s CEO, go to Sonic Foundry’s content portal- www.mediasite.com .
Rimas Buinevicius stated, “Sonic Foundry is honored to have the opportunity to open the NASDAQ market. NASDAQ has been and continues to be the preferred market for the world’s top technology companies, with support that has been nothing short of outstanding. Our listing has helped enhance the prestige and market value of our business, that of providing market leading solutions in the rapidly emerging Internet communications market sector. Our company’s just released advances in multi-modal search technology promise to take Sonic Foundry toward an even brighter future. We look forward to working with the exchange to build Sonic Foundry’s value and become NASDAQ’s next great recognized technology company.”
About Sonic Foundry(R) Inc.
Founded in 1991, Sonic Foundry (NASDAQ:SOFO) is a technology leader in the emerging rich media communications marketplace, providing enterprise solutions and services that link an information-driven world. The Company provides integrated webcasting and web presentation solutions that are trusted by Fortune 500 companies, education institutions and government agencies for a variety of critical communication needs. Sonic Foundry is changing the way organizations communicate via the web and how people around the globe receive vital information needed for work, professional advancement, safety and education. Sonic Foundry is based in Madison, Wisconsin. For more information on Sonic Foundry, visit http://www.sonicfoundry.com/.
