Tuesday, November 20, 2007

All Mobile Video Partners with Onstream Media to Offer Webcast Services and Digital Asset Management Solutions

Onstream Media Corporation, a leading webcast services provider, announced today that New York based All Mobile Video (AMV), one of New York’s largest video production companies has agreed to integrate Onstream Media’s Visual Webcaster on-site webcasting systems into their production studios to offer their clients a seamless webcasting solution.

Sonic Foundry Reports Fiscal 2007 Year-End Results, Strong Organic Growth Continues

GAAP revenues totaled $16.7 million, 33 percent year-over-year growth
Total billings reached $19.7 million, 44 percent increase over fiscal 2006
GAAP EPS loss of $(0.18), non-GAAP EPS loss of $(0.14)