Erica St. Angel
Sonic Foundry, Inc.
MADISON, Wis., July 19 /PRNewswire-FirstCall/ — Sonic Foundry(R) Inc. (NASDAQ:SOFO) , a leader in automated rich media communications technology, today announced that Ziff Davis Media’s Baseline magazine named the company the sixth fastest-growing software company among publicly-traded U.S. software businesses with sales less than $150 million.
“Our calculations of percentage revenue growth in the slide show are based on a comparison of each company’s revenue in its most recently reported full fiscal year, versus the previous year,” writes Robert Hertzberg. “The small software companies that look healthiest — with sales approaching or exceeding $100 million — have carved out niches for themselves in areas like automating corporate travel or helping with corporate marketing.”
“Baseline’s ranking helps to validate the success of our growth oriented business model and the continuing reinvestment we make in building our business,” said Rimas Buinevicius, chairman and CEO of Sonic Foundry. “Our efforts to create rich media webcasting solutions for the enterprise have resulted in a patented and proven medium for online training, education and professional development. Now with the online video market starting to blossom, we are expanding our offerings with technologies and managed services that promise to penetrate the enterprise further and fuel additional business expansion.”
Baseline magazine is a practical guide to costing and managing the deployment of leading-edge information technology. The full article, “Software’s Top 10 Up-and-Comers,” ranking and accompanying slide show are available at http://www.baselinemag.com/article2/0,1540,2156052,00.asp.