The most trusted video managementplatform for academic, enterprise and event webcasting
Sonic Foundry Inc. (Nasdaq: SOFO), a leading provider of rich media software, systems and services, today announced that RealNetworks[R], Inc. (Nasdaq: RNWK) will license MediaSite Live, Sonic Foundry's new live and on-demand Webcasting application. Through the agreement, MediaSite Live provides a major capability for the new Conference Webcasting Service offered by Real Broadcast Network[TM] (RBN), the content delivery network division of RealNetworks. Together, Sonic Foundry and RealNetworks' offering provides the industry with the most streamlined and easy-to-deploy Webcasting solution available. By integrating Sonic Foundry's MediaSite Live product, RealNetworks provides a high quality, rich media platform that offers customers significant new capabilities and enhancements over other competing solutions, including:
"MediaSite Live gave us the software foundation on which to build a complete turn-key conference Webcasting solution that allows an association or conference producer to truly extend their event online," said Nagesh Pabbisetty, vice president, Real Broadcast Network, RealNetworks, Inc. "Event producers can come to us to help them plan, produce, distribute and market the event online. Through our work with Sonic Foundry, we can offer an easy to use service that our customers can use to create compelling and engaging synchronized multimedia presentations for their end users and members." Real Broadcast Network's new Conference Webcasting Service incorporates MediaSite Live and is a complete as a turnkey system for capturing, encoding, synchronizing and streaming rich media content to the hosted application. The solution is particularly well suited for conference and association keynote and seminar presentations, and provides RealNetworks with an expanded set of options for producing, hosting and delivering large-scale Webcasts. "Given the dramatic fall-off and expected continued reduction in company travel and corporate spending, RealNetworks and Sonic Foundry are bringing a combined solution to market that offers all the necessary ingredients users want in a state-of-the-art interactive Webcasting solution," said Rimas Buinevicius, CEO of Sonic Foundry. "MediaSite Live enables individuals and corporations to more easily and effectively create and communicate using rich media at their desktop or laptop in an efficient, engaging way. We are committed to helping our customers leverage, distribute and manage their rich media content in the most cost-effective and powerful way possible." Because it is part of the Sonic Foundry Media Systems' suite of enterprise-class communication products, content captured with MediaSite Live can be seamlessly incorporated into other Sonic Foundry solutions, including the company's MediaSite Publisher[TM], which makes content easier to find, access and use by providing search, highlighting and navigation capabilities. Applications for Sonic Foundry and RealNetworks' new Webcasting service include: virtual conferences and tradeshows, company product launches and product-related learning, CEO speeches, earnings calls, damage control or crisis communications, online seminars, corporate training, news announcements, telemedicine and live distance learning. In January, RealNetworks provided its Conference Webcast service to the Society of Critical Care Medicine (SCCM) and deployed a live Webcast of the keynotes and select sessions of the 31st Critical Care Congress from the San Diego Convention Center on Jan. 26-30. With nearly 10,000 worldwide members, the SCCM is the largest multidisciplinary, multiprofessional organization dedicated to ensuring excellence and consistency in the practice of critical care medicine. For more information on Sonic Foundry and its rich media offerings, contact the company at 412.288.9910 or visit its Website at www.sonicfoundry.com. Additional information and pricing for RealNetworks' new RBN Conference Webcasting Service, is available at: www.rbn.com . About Real Broadcast Network
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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