University’s use of classroom capture platform creating worldwide educational impact
MADISON, Wis., Feb. 21 /PRNewswire-FirstCall/ — Sonic Foundry, Inc. (NASDAQ:SOFO) , a leader in automated rich media communications technology, today announced that Villanova University’s College of Engineering, a Sonic Foundry customer since 2003, has been named a finalist of the IMS Global Learning Consortium 2008 Learning Impact Awards. The University was singled out for its established classroom capture initiative using Mediasite, Sonic Foundry’s patented webcasting and knowledge management platform.
The Learning Impact Awards recognize advances in technology that address key educational challenges worldwide. Qualifying technology products and services are evaluated in the context of an actual educational institution’s implementation for their impact on the global learning industry with criteria including access to learning, efficiency, cost reduction, quality, adoption and interoperability.
“Studies show that due to the archiving of classes with Mediasite, Villanova’s College of Engineering was able to raise average GPAs, increase student satisfaction, lower the overall class dropout rate, and in one particular year, completely eliminate failures from in-class students,” said Sean O’Donnell, director of distance education at Villanova’s College of Engineering.
“We are proud to count Villanova University among our customers who continually distinguish themselves in classroom capture and advance education and learning,” said Darrin Coulson, chief operating officer of Sonic Foundry. “We congratulate them for earning this prestigious recognition, and on their position as a globally competitive educational institution.”
Sonic Foundry and Villanova University will present Mediasite at the IMS Global Learning Consortium Learning Impact Conference May 12-14 in Austin, Texas, where a panel of global experts will rank the finalists and announce the 2008 award winners. For more information on the conference, visit http://www.imsglobal.org/learningimpact2008/agenda.html.
About IMS Global Learning Consortium
IMS Global Learning is a global, nonprofit, member organization that strives to enable the growth and impact of learning technology in the education and corporate learning sectors worldwide. IMS GLC members provide leadership in shaping and growing the learning industry through community development of standards, promotion of innovation, and research into adoption practices. For more information, including the world’s most comprehensive set of learning technology interoperability standards, information on the annual Learning Impact conference and awards program, and free community resources for learning technology leaders, visit http://www.imsglobal.org/.
About Sonic Foundry, Inc.
Founded in 1991, Sonic Foundry (NASDAQ:SOFO) , (http://www.sonicfoundry.com/) is the recognized market leader for rich media communications and knowledge management, providing enterprise solutions and services that link an information-driven world. Based in Madison, Wisconsin, the company has received numerous awards including the 2007 Frost & Sullivan Global Market Leadership Award, Ziff Davis Media’s Baseline Magazine’s sixth fastest-growing software company with sales under $150 million and Deloitte’s Technology Fast 500. Named a Bersin & Associates 2007 Learning Leader, Sonic Foundry’s webcasting and knowledge management solutions are trusted by education institutions, Fortune 500 companies 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 education, business, professional advancement and safety. 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.
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