Sonic Foundry Signs OEM Agreement with Matrox

Sonic Foundry, Inc. (Nasdaq: SOFO), a leading developer of media authoring tools, today announced it has signed an agreement with the Matrox Video Products Group of Matrox Electronic Systems, Ltd. to bundle its ACID[TM] Music software with Matrox RT2000. Financial terms were not disclosed.
Matrox is a technology leader in the development of computer-based digital video hardware and software tools. The RT2000 system provides a real-time nonlinear editing solution for corporate, event, and multimedia video artists with an impressive array of professional features at an unprecedented price.
"This agreement epitomizes the digital video market's recognition of Sonic Foundry as the leading developer of music creation software," said Brad Fentress, Sonic Foundry's Vice President, Business Development. "We are pleased to bundle our software with such a high quality system, and we expect the agreement to greatly expand our reach within the professional video-editing community."
Razid Samdjy, Technical Marketing Manager at Matrox, said, "ACID is a recognized music composition tool for professional and prosumer level video artists. It provides the fastest and easiest way to create custom, license-free music for RT2000 projects, and the package includes many high-quality, cutting-edge loops to give you unprecedented creative flexibility. Including ACID Music in the Matrox RT2000 bundle provides a complete video editing solution for our consumers."
ACID Music provides a powerful, yet easy-to-use music creation package that brings simplicity and flexibility to loop arranging and creating digital music. The software's comprehensive onboard digital studio allows users to mix and match loops to create recordings with an unlimited number of tracks. ACID Music also allows users to easily add their own instruments or vocals to their musical creations or to sing along by simply plugging a microphone in their PC sound card. ACID features intelligent tempo and pitch matching capabilities, making all of the music loop segments play together instantly and effortlessly.
About Matrox
For 22 years, Matrox Electronic Systems Ltd. has been the technology leader in the development of computer-based digital video hardware and software tools. A privately held company headquartered in Dorval, Quebec, Matrox employs more than 1,200 people dedicated to the design, development, and manufacturing of strategic products in all areas of the communications world: video, graphics, imaging, and networking. In the past two years alone, Matrox has been recognized with more than 300 prestigious industry awards and has equipped more than 10 million people with leading-edge technology.