Sonic Foundry Announces Annual Shareholders Meeting on March 10, 2023

Rhea-AI Summary

Sonic Foundry (NASDAQ: SOFO) has announced its annual shareholders meeting scheduled for 9 a.m. CST on March 10. CEO Joe Mozden will highlight the company's 2022 achievements, including the launch of three new business units: Global Learning Exchange, Vidable, and Video Solutions. The hybrid meeting format allows participants to join in-person at the company’s headquarters in Madison, WI or virtually via Mediasite Connect. Shareholders can vote electronically until 9:30 a.m. CST on March 10.

Positive

• Launch of three new business units to expand into new markets.
• Hybrid meeting format increases accessibility for shareholders.

Negative

• None.

MADISON, Wis.--(BUSINESS WIRE)-- Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video capture, management, and streaming solutions, today announced that it will hold its annual shareholders meeting at 9 a.m. CST on Friday, March 10.

Sonic Foundry’s CEO Joe Mozden will review the company’s 2022 key milestones and achievements, including the launch of three new business units, Global Learning Exchange™, Vidable™, and Video Solutions. These new business units represent a core plank in the company’s strategy for reinforcing its traditional enterprise video business while expanding into new and adjacent markets.

The meeting will be held in a hybrid format and participants are welcome to attend in-person at Sonic Foundry’s headquarters in Madison, WI or virtually, via Mediasite Connect. Investors and shareholders can register here to attend the meeting virtually.

Shares can be voted electronically at proxyvote.com by entering the sixteen-digit control number located on the proxy card or in the email sent by the bank/broker that retains the shares. Voting is recommended in advance but must take place before 9:30am CST on March 10. A video archive of the presentation and Q&A will be available for 90 days.

Attendees can participate in a limited live Q&A session immediately following the presentation by submitting questions via Mediasite. Questions can also be submitted in advance to sarah.wilde@sonicfoundry.com and will be answered during the meeting as time permits.

About Sonic Foundry

Founded in 1991 and headquartered in Madison, Wis., Sonic Foundry (NASDAQ: SOFO) is dedicated to transforming how the world works and learns through innovative and scalable technology solutions. We help customers maximize the value of their video initiatives and infrastructure while leveraging our expertise and global footprint to help unlock a smarter, more connected world for learners, workers, and entrepreneurs everywhere. Sonic Foundry’s family of brands includes Mediasite^®, Video Solutions, Vidable^™ and Global Learning Exchange^™ which are trusted by thousands of educational institutions, corporations, and health care organizations in dozens of countries around the world. For more information on how Sonic Foundry’s solutions can empower you and your organization to seize today’s opportunities as well as those of the future, visit www.sonicfoundry.com.

Forward Looking Statements

This news release contains forward-looking statements about the products and services of Sonic Foundry within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include statements about our products and services, our customer base, strategic investments, new partnerships, our future operating results, and any statements we make about the company’s future. These types of statements address matters that are subject to many risks and uncertainties. Actual results could differ materially from the forward-looking guidance we provide. Any forward-looking statements should be considered in context of the risk factors disclosed in our periodic forms 10Q, 10K and other filings with the SEC. These filings can be accessed on-line at www.sec.gov and other websites or can be obtained from the company’s investor relations department. All of the information and disclosures we make in this news release regarding our business, including any forward-looking guidance, are as of the date given and we assume no obligation to update or change this information, regardless of subsequent events.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230228005439/en/

Sonic Foundry

Eamon Doyle

608.310.5891

eamon.doyle@sonicfoundry.com

 

Source: Sonic Foundry, Inc.

FAQ

What is the date and time of Sonic Foundry's annual shareholders meeting?

Sonic Foundry's annual shareholders meeting is scheduled for 9 a.m. CST on March 10.

What significant achievements will be discussed at the shareholders meeting?

CEO Joe Mozden will discuss the launch of three new business units: Global Learning Exchange, Vidable, and Video Solutions.

How can shareholders participate in Sonic Foundry's meeting?

Shareholders can attend the meeting in-person at the headquarters in Madison, WI, or virtually via Mediasite Connect.

Until when can shareholders vote for the meeting?

Shareholders can vote electronically until 9:30 a.m. CST on March 10.

What are Sonic Foundry's new business units?

The new business units are Global Learning Exchange, Vidable, and Video Solutions.