Sonic Foundry Named to Baseline Magazine's Top Ten Fastest Growing Small Software Companies
Publication cites introduction of enterprise class server software as key source of growth
MADISON, Wis., July 19 -- Sonic Foundry® Inc. (NASDAQ:SOFO), a leader in automated rich media communications technology, today announced that Ziff Davis Media's Baseline magazine named the company the sixth fastest-growing software company among publicly-traded U.S. software businesses with sales less than $150 million.
"Our calculations of percentage revenue growth in the slide show are based on a comparison of each company's revenue in its most recently reported full fiscal year, versus the previous year," writes Robert Hertzberg. "The small software companies that look healthiest -- with sales approaching or exceeding $100 million -- have carved out niches for themselves in areas like automating corporate travel or helping with corporate marketing."
"Baseline's ranking helps to validate the success of our growth oriented business model and the continuing reinvestment we make in building our business," said Rimas Buinevicius, chairman and CEO of Sonic Foundry. "Our efforts to create rich media webcasting solutions for the enterprise have resulted in a patented and proven medium for online training, education and professional development. Now with the online video market starting to blossom, we are expanding our offerings with technologies and managed services that promise to penetrate the enterprise further and fuel additional business expansion."
Baseline magazine is a practical guide to costing and managing the deployment of leading-edge information technology. The full article, "Software's Top 10 Up-and-Comers," ranking and accompanying slide show are available at http://www.baselinemag.com/article2/0,1540,2156052,00.asp.
About Sonic Foundry®, Inc.
Founded in 1991, Sonic Foundry (NASDAQ:SOFO) is a technology leader in the emerging rich media communications marketplace, providing enterprise solutions and services that link an information-driven world. Ziff Davis Media's Baseline Magazine named Sonic Foundry to its list of the top ten fastest-growing software companies with sales under $150 million. Sonic Foundry is changing the way organizations communicate via the web and how people around the globe receive vital information needed for work, professional advancement, safety and education. The company's integrated webcasting and web presentation solutions are trusted by Fortune 500 companies, education institutions and government agencies for a variety of critical communication needs. Sonic Foundry is based in Madison, Wis. For more information about Sonic Foundry, visit http://www.sonicfoundry.com/.
Source: Sonic Foundry, Inc.
CONTACT: Erica St. Angel of Sonic Foundry, Inc., +1-608-443-1620, ericas@sonicfoundry.com
Web site: http://www.sonicfoundry.com/
http://www.baselinemag.com/article2/0,1540,2156052,00.asp
