Sonic Foundry's Vegas Pro Crowned as Best Digital Audio Software for Musicians

Sonic Foundry[R], Inc. (NASDAQ: SOFO), the leading developer and marketer of digital media and Internet software tools, services, and systems, today announced that its award-winning multitrack audio editor, Vegas[TM] Pro has received the award for Best Digital Audio Software for Musicians at last week's MP3 Summit 2000.

The third annual MP3 Summit was held in San Diego, CA, on June 20 and 21 and attracted more than 1,800 visitors from around the world. The conference served as a platform of exchange for CEOs, artists, record label executives, lawyers, politicians, and developers--all of whom are driving digital music technology and the distribution of audio media content over the Internet. The convention is the country's foremost conference relating to digital music technology.

"The accolades from MP3.com underscore Sonic Foundry's position as the premier provider of digital audio editing tools for the Windows-based PC," stated Jeff Conover, vice president of marketing at Sonic Foundry. "Since its initial release in July, 1999, Vegas Pro has been decorated with some of the industry's most prestigious awards."

About Vegas Pro

Vegas Pro is Sonic Foundry's award-winning multitrack recorder that combines the best in audio production with tools for streaming media authoring. Vegas Pro allows for fast, nondestructive editing of multiple tracks and synchronizing of video and audio with frame-by-frame precision. Files can be arranged with different sampling rates, bit depths, and file formats -- even on a single track. Vegas Pro offers real-time playback as well as the ability to add timeline metadata such as captions and URL flips that automatically synchronize web pages with media files. With support for many popular digital audio and video formats and hardware inputs and outputs, Vegas Pro seamlessly integrates into any digital studio without compromising the creative process.