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MADISON, Wis. - May 11, 2011 - Sonic Foundry, Inc.(NASDAQ: SOFO), the recognized market leader for rich media webcasting, lecture capture and knowledge management, today announced the appointment of Ray Hassell as Vice President International.
During the five years Mr. Hassell has worked with Sonic Foundry he has been instrumental in opening new markets across the regions of Europe, the Middle East, Africa and Asia. Credited with securing some of the company's largest deals at universities outside of the United States , he has lead his team to achieve up to 30% of the company's product billings. This appointment exemplifies Sonic Foundry's commitment to expanding the company's global presence and strengthening its international sales team as it invests in new high-growth markets like India and the Asia Pacific region.
Prior to working with Sonic Foundry Mr. Hassell spent 10 years with One Touch Systems where he designed and implemented satellite based interactive distance learning solutions in Australia, New Zealand, India, South Africa, the Middle East and Europe.
"Overseas demand for Mediasite has grown under Ray's leadership, even in an extremely challenging economic environment. Ray has been instrumental in expanding our business in strategic regions such as Central and Eastern Europe, the Middle East and more recently India," said Rob Lipps, executive vice president of sales of Sonic Foundry. "Ray's technical expertise and knowledge of today's learning and communication challenges help him deliver real working solutions to our customers, making a positive difference to the learning outcomes for education and commercial organizations."
Signs of a robust international customer base are evident in the growing number of Mediasite User Groups (MUG) around the world, including MUG Netherlands, which has held three conferences, MUG Japan which has held two conferences and the newly-formed MUG Australia/New Zealand. The number of international customers who attend UNLEASH the Mediasite User Conference has grown 225% since the first conference five years ago. UNLEASH 2011 takes place May 16-18, 2011 in Madison, WI where customers from nine countries will be attending.
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.
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