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Press Release

Sonic Foundry to Postpone Earnings Conference Call for its Fourth Quarter and Fiscal 2017 Results

MADISON, Wis. — December 07, 2017 — Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted global leader for video creation and management solutions, today announces that it is postponing its earnings conference call originally scheduled to be held today at 4:30 p.m. ET. The delay is to allow additional time to re-evaluate the company’s non-cash intangible assets.  When complete, the evaluation will include the company’s recent decline in stock price as a variable in the assessment.

The company will schedule the release of results for its fourth quarter and fiscal 2017 upon completion of the assessment which is expected to occur before the new year.

About Sonic Foundry®, Inc.

Sonic Foundry (NASDAQ: SOFO) is the global leader for video capture, management and streaming solutions as well as virtual and hybrid events. Trusted by thousands of educational institutions, corporations, health organizations and government entities in over 65 countries, Sonic Foundry’s solutions include Mediasite®, Mediasite Connect, Vidable™ and Global Learning Exchange™.

© 2023 Sonic Foundry, Inc. Product and service names mentioned herein are the trademarks of Sonic Foundry, Inc. or their respective owners.

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