Sonic Foundry, Inc. News

Penn State University, The Dickinson School of Law Helps Sonic Foundry Surpass 1000th Customer Mark

MADISON, Wis., June 18 PRNewswire-FirstCall — Sonic Foundry, Inc. (Nasdaq: SOFO), the recognized market leader for rich media webcasting and knowledge management, today acknowledged its 1000th customer when Penn State University, The Dickinson School of Law selected Mediasite for lecture capture. With this announcement, Sonic Foundry now boasts customer deployments of Mediasite, its rich media lecture capture platform, in more than 40 countries and serving upwards of 600 colleges and universities.

Mediasite will be a key addition to Penn State Dickinson's new, $120 million unified law school facilities located at University Park and in Carlisle, featuring state-of-the-art courtrooms, classrooms, conferencing facilities, hearing rooms, reading rooms, gathering spaces, and an auditorium designed for law school as well as public use. Mediasite will provide real-time webcast delivery from building to building and to external audiences.

"Penn State Dickinson is delighted to have been recognized as Sonic Foundry's 1000th customer. We chose Mediasite after careful consideration of its current features, the direction of its future development and, in particular, with respect to the ease of scheduling and handling of recordings. The system's cross-platform compatibility, by virtue of moving entirely to Microsoft's new Silverlight technology, also played a significant role in the decision," said John Davie, director of Instructional and Information Technology at Penn State Dickinson.

Mr. Davie continued, "In alignment with the school's philosophy of advantaging students wherever possible through appropriate exposure to technology — as is increasingly being requested by the courts and forward-looking law firms — the new Mediasite systems will further enhance our students' learning experience in an already technology-rich environment."

"Marking this milestone with one of the most distinguished law schools in the country is an honor to Sonic Foundry, and a testament to the impact we're making in higher education," said Rimas Buinevicius, chairman and CEO of Sonic Foundry. "The new Dickinson facility reflects the ongoing momentum for colleges and universities around the globe to capture lectures, improve student performance and connect with alumni via Mediasite."

Since its introduction in 2003, Sonic Foundry's Mediasite has set the standard as a transformational communication medium for delivering critical information and sharing knowledge. Trusted by more than 500 colleges and universities, the patented Mediasite webcasting and content management system quickly and cost-effectively automates the capture, management, delivery and search of rich media presentations that combine audio, video and accompanying graphics for live or on-demand viewing.

About Sonic Foundry(R), Inc.

Founded in 1991, Sonic Foundry (NASDAQ: SOFO, http://www.sonicfoundry.com) is the recognized market leader for rich media webcasting and knowledge management, providing education and training 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.

SOURCE Sonic Foundry, Inc.

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