Business Services Industry
Sonic Solutions Honored as a Red Herring Small Cap 100; CEO Dave Habiger to Join Roundtable Discussion on Digital Entertainment Trends and Innovations at Red Herring Fall Conference
Business Wire, Dec 12, 2005
NOVATO, Calif. -- Sonic Solutions(R) (NASDAQ:SNIC), the leader in digital media software, announced today that it has been selected by Red Herring magazine as one of the inaugural Red Herring Small Cap 100. The editors of Red Herring evaluated over 2,500 technology companies from North America, Europe, and the Asia-Pacific region for the award. Red Herring is the latest high-profile publication to honor Sonic, which earlier this year was recognized by Fortune and Fortune Small Business as one of the fastest growing companies in America and by Business 2.0 as one of the fastest growing technologies companies. E[acute accent]The Red Herring Small Cap 100 were selected for their innovative technology and smart business models that nurture growth and profitability. Red Herring's Innovation Index, global perspective, and provocative outlook on the technology landscape make this list a unique tool for technology and financial executives. E[acute accent]"The winners on this list are the most competitive, the most innovative, and the most promising technology companies in the small-cap segment. We hope that the Red Herring Small Cap 100 list will shine the light on them that they deserve," said Joel Dreyfuss, Editor-in-Chief of Red Herring magazine. E[acute accent]"We are pleased to be recognized as a Red Herring Small Cap 100 and to join a panel discussion on the emerging trends shaping the future of digital entertainment," said Dave Habiger, president and CEO of Sonic Solutions. "As the key provider of digital media management, DVD playback and recording technologies across a value chain that spans from Hollywood studios to consumers' homes, Sonic Solutions is at the center of dramatic market shifts. The emergence of Blu-ray Disc and HD-DVD formats, download and burn services, and the enablement of playback and recording on a range of advanced mobile and consumer electronics will mark a new era for digital entertainment and Sonic Solutions." E[acute accent]The award ceremony for the Small Cap 100 will be held during the Red Herring Fall 2005 conference, December 13th-15th in San Francisco, California. All award winners will be profiled in issue #47 of Red Herring magazine, on sale December 12th, which also contains Red Herring's Top 10 Trends for 2006. The full list can also be viewed at http://www.herringevents.com. Sonic Solutions CEO Dave Habiger will present a company overview at 5:45 p.m. on December 14th. The Digital Entertainment Panel will follow at 6:15 p.m.
E[acute accent]About Red Herring Events
E[acute accent]Red Herring events have long delivered clear and intelligent insight into the critical trends shaping the future of technology. We bring together industry leaders, venture capitalists, entrepreneurs, and our own business intelligence team to share ideas and present our research-based discoveries. Participants explore the strategic shifts and disruptive impact that new technologies will have in key U.S. and international markets. Along the way, they will get a glimpse of the future. Additional information is available at http://www.redherring.com/events.
> E[acute accent]About Sonic SolutionsE[acute accent]Sonic Solutions (NASDAQ:SNIC)(http://www.sonic.com) is the leader in digital media software and provides a broad range of software tools and applications for creative professionals, business and home users, and technology partners. Sonic's products range from professional DVD authoring systems and interactive content delivery technologies that are used to produce the majority of Hollywood movies released on DVD to the award-winning Roxio- and Sonic-branded CD and DVD creation, playback and backup applications that have become the premiere solutions for consumers and business users worldwide. Sonic's AuthorScript, is the de facto standard for CD and DVD burning and formatting and has been licensed by major software and hardware manufacturers, including Adobe, Broadcom, Microsoft, Scientific-Atlanta, Sony, and many others. Sonic Solutions is headquartered in Marin County, California. E[acute accent]Sonic products are globally available from major retailers, online at Sonic.com and Roxio.com, and are bundled with PCs, after-market drives and consumer electronic devices. Sonic's digital media creation engine is the de facto standard and has been licensed by major software and hardware manufacturers, including Adobe, Microsoft, Scientific-Atlanta, Sony, and many others. Sonic Solutions is headquartered in Marin County, California.
E[acute accent]Sonic, the Sonic logo, Sonic Solutions, Roxio and AuthorScript are trademarks or registered trademarks of Sonic Solutions or its subsidiaries in the United States and/or other countries. All other company or product names are trademarks of their respective owners and, in some cases, are used by Sonic Solutions under license. Specifications, pricing and delivery schedules are subject to change without notice.
E[acute accent]Forward Looking Statements
E[acute accent]The above paragraphs of this press release may contain forward looking statements that are based upon current expectations. Actual results could differ materially from those projected in the forward looking statements as a result of various risks and uncertainties including, among others, the timely introduction and acceptance of new products, costs associated with new product introductions, the transition of products to new hardware configurations and platforms and other factors, including those discussed in the Company's annual and quarterly reports on file with the Securities and Exchange Commission. This press release should be read in conjunction with the Company's most recent annual report on Form 10-K, Form 10-Q and Registration Statement on file with the Securities and Exchange Commission, which contain a more detailed discussion of the Company's business including risks and uncertainties that may affect future results. The Company does not undertake to update any forward looking statements.
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