Strategic Alliance Between Sonic Foundry and Eveo Announced

SAN FRANCISCO, CA and MADISON, WI MAY 10, 2000 Eveo, Inc., the leading
user-generated video company, and Sonic Foundry (R), Inc., (NASDAQ: SOFO) the
leading developer and marketer of digital media and Internet software tools,
services, and systems, today announced a strategic alliance to provide free
copies of co-branded ACIDXPress software to users who register at Through this alliance, ACID XPress will be distributed both in
CD-ROM and downloadable software. Additionally, registered Eveo users will
have access to a library of over 400 music loops that work in conjunction
with the ACID Xpress software.

This Eveo – Sonic Foundry alliance is very consistent with Eveo’s mission
of democratizing entertainment, and empowering even more people to author and
produce ‘eveos’ –brief (3-minute), original videos– and experiment with
rich media, said Eveo founder and CEO Olivier Zitoun. Music is a key issue
for filmmakers; now anyone can create cool music for a video soundtrack in
minutes on

The user-generated, rich media content market is growing rapidly, and Eveo
is fast emerging as a leader in this space, said Jeff Conover, vice
president of marketing for Sonic Foundry. We are excited to be partnering
with a company that’s a pioneer in the streaming media and broadband arena.
Eveo’s establishing a compelling new entertainment format, discovering and
incubating the next generation of talented videomakers.

Eveo offers the most comprehensive resource center available to aspiring
video makers, including ‘how-tos’, tutorials, tips on production, shooting
and editing. The free distribution of Sonic Foundry’s ACID Xpress on is the second in a series of alliances delivering quality editing
and production tools and software to video makers. In April, Eveo and MGI
Software (TSE:MGI) announced an initiative making their MGI’s PC Video
Software VideoWave III, a comprehensive suite of desktop editing tools,
available for free to all registered members on

The Videomaker Editors are dedicated to bringing you the information you need to produce and share better video.

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