To: cautious who wrote (80881 ) 1/27/2000 11:56:00 PM From: bobby is sleepless in seattle Respond to of 120523
snic...Sonic Solutions Teams With Softbank Commerce will dvd become the standard? Thursday January 27, 6:31 am Eastern Time Company Press Release Sonic Solutions Teams With Softbank Commerce Corp. to Expand DVD Market in Japan Leading Japan-based Distributor Softbank Commerce Corp. to Bring Sonic DVDit! to Consumer Market MARIN COUNTY, Calif.--(BUSINESS WIRE)--Jan. 27, 2000-- Sonic Solutions announced today that Softbank Commerce Corp. will act as the main channel distributor for the Sonic DVDit! line of consumer DVD authoring products in Japan. Softbank Commerce Corp. is Japan's largest distributor of software products with more than $1.7 billion annual sales and will utilize its distribution network of more than 600 retailers to deliver Sonic DVDit! to customers who have shown a desire to begin authoring DVDs. DVDit! will be sold through Softbank Commerce Corp. at a unit retail price of 49,800 yen or $499 US. ``The market for desktop DVD authoring is exploding!' says Fuyuhiko Yamakami, General Manager of Softbank Commerce Corp.'s Product Operation Division. ``Interest for affordable DVD authoring has increased dramatically in the last few months, and Sonic DVDit! is unique in its fit for this market. We believe that Sonic's experience as the industry leader in DVD coupled with the unparalleled ease of use of DVDit! make it the clear choice for anyone publishing video.' ``We are enthusiastic about our new relationship with Softbank Commerce,' said Koki Terui, Vice President in charge of Sonic's business activities in the Pacific Rim. ``They are the undisputed leader in software distribution in Asia and bring both strong sales and great reputation which are essential as we grow this exciting new segment of the DVD market.' About Sonic DVDit! Sonic DVDit! is the easiest way to publish on DVD. Combining a simple and straightforward user interface with Sonic's award-winning DVD multiplexing technology, DVDit! gives video professionals, graphic designers, artists and video enthusiasts the power to create stunning interactive DVD content on their PC. DVDit! is compatible with AVI video files, allowing users to incorporate virtually any video content - from DV to D1 - into DVDit! projects. With a simple drag-and-drop interface, building DVD titles is as easy as selecting a menu background and then dragging and dropping an AVI file. DVDit! automatically builds buttons and interactivity, transcodes video to MPEG-2, multiplexes and formats content and writes it to CD-R or DVD-R for playback in consumer set-top DVD players or DVD-equipped PCs. About Softbank Commerce Corp. Softbank Commerce Corp. is Japan's largest software distributor with more than $1.7 billion annual sales and offers eighteen years of experience in distribution and wholesale sales of software and peripheral hardware equipment for the PC. Softbank Commerce Corp. was separated from the parent company of Softbank Corp. as an independent entity in October, 1999 as the company dedicated to distribution of software products in Japan. It is one of the largest units within the Softbank Group. The parent company, Softbank Corp., also has companies offering consulting, integration, and technical support services to customers and is a leading publisher of books and magazines on PC software, hardware, and games. About Sonic Solutions (Nasdaq: SNIC - news) Based in Marin County, California, Sonic Solutions designs and manufactures DVD publishing and audio editing systems used by video, audio and multimedia professionals around the world. Sonic's product lines include DVD Creator, the leading system for producing DVD titles; DVD Fusion, the first DVD publishing system designed for non-linear video editors; DVDit! (http://store.dvdit.com/), the easiest way to publish on DVD and the first DVD publishing application for consumers; and SonicStudio HD, the leading digital audio workstation to prepare recorded sound for release on DVD and CD. Sonic is a leader in advancing DVD-Video and DVD-Audio technology and is a full voting-member of the DVD Forum, the standards-setting body for the DVD format. Sonic Solutions can be contacted on the web at sonic.com . (c) 2000 Sonic Solutions. Sonic, Sonic Solutions, the Sonic logo, DVD Creator, DVD Fusion, DVDit!, and SonicStudio HD are trademarks of Sonic Solutions. All other company or product names are trademarks of their respective owners. Specifications, pricing and delivery schedules are subject to change without notice. The above paragraphs of this press release 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 and quarterly report on Form 10-Q 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.