Sonic Foundry Named to Deloitte's 2007 Technology Fast 500 List

October 29, 2007

Source: Sonic Foundry

Sonic Foundry® Inc., a leader in automated rich media communications technology, has been named one of Deloitte's 2007 Technology Fast 500, a ranking of the 500 fastest-growing technology, media and entertainment, telecommunications and life sciences companies in the United States and Canada.

"The fast-paced growth of this year's Fast 500 winners indicates that they are nimble and highly innovative. These are key success factors in such a competitive environment," said Phil Asmundson, vice chairman, U.S., Technology, Media and Telecommunications, Deloitte & Touche USA LLP. "Numerous technology advances, the ubiquitous digitization of data, borderless enterprises, growth in connectivity and faster adoption rates are creating new opportunities for Fast 500 winners to challenge old business models with original ideas."

"Our continued inclusion in Deloitte's Technology Fast 500 is a testament to our ability to consistently deliver on our vision for transforming how organizations share knowledge online," said Rimas Buinevicius, chairman and CEO of Sonic Foundry. "Our leadership position in the growing web communications marketplace correlates with our passionate user community and consistent innovation on our proven medium for creating online training, education and professional development."

Now in its 13th year, Deloitte's Technology Fast 500 winners are selected from nominations and extensive research. The list is compiled from Deloitte's 16 regional North American Fast 50 programs. Nominations are submitted directly to the Fast 500, and public company database research.

Announced each fall, winners are selected based on percentage of fiscal year revenue growth from 2002 to 2006. Sonic Foundry was also named to the Fast 500 list in 2000, 2001 and 2002.

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