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Company Listed Number 14 Out of 100 Publicly Traded American Companies
Marin County, California (August 23, 2005) – Sonic Solutions® (NASDAQ:
SNIC), the world leader in digital media software, announced today that FORTUNE
has recognized it as the 14th fastest growing company in America in 2005. The
list, which is comprised of public companies, appears in the September issue
of FORTUNE, currently available on newsstands and at www.fortune.com. Additionally,
Sonic Solutions was recently ranked number 6 on the list of the fastest growing
Fortune Small Businesses in the July/August 2005 issue and 34th in the Business
2.0 100 Fastest Growing Technology Companies June 2005 issue.
“We are honored to be listed as the 14th fastest growing company in America
by FORTUNE Magazine,” said Robert Doris, Chairman and CEO of Sonic Solutions.
“The past year has been a very exciting one for Sonic as is evidenced
by the 59% growth rate the company experienced in fiscal year 2005. The Sonic
drive to change the way people create, share and interact with all forms of
digital media has been the cornerstone of our success.”
Doris continued, “Starting with innovative professional tools for DVD
creation in Hollywood, we successfully adapted our technology for the first-time
digital media enthusiast, and with the help of our large and growing network
of OEM and retail distribution partners, more people than ever before are now
able to capture, create, and share the best moments of their digital lives on
CD and DVD. With more and more consumers managing their photos, videos and music
digitally and with the coming introduction of next-generation Blu-ray and HD
DVD technologies to the consumer, we look forward to continuing our leadership
role in delivering award-winning products and technologies to the rapidly growing
digital media world.”
To compile the list, FORTUNE worked with Zack’s Investment Research.
Criteria used to select the fastest growing companies included market capitalization
of at least $50 million on June 30, 2005; revenues of at least $50 million for
the most recent four quarters, ending with the first quarter of 2005; annualized
revenue growth of at least 25% for the past three years; and, annualized earnings-per-share
growth of at least 25% for the past three years. Companies were then ranked
according to compound annual growth in earnings, revenues, and finally total
annualized return.
About Sonic Solutions
Sonic Solutions (NASDAQ: SNIC; http://www.sonic.com) is the leader in digital
media software, providing a broad range of interoperable, platform independent
software tools and applications for creative professionals, business and home
users, and technology partners. Sonic’s products range from advanced DVD
authoring systems and interactive content delivery technologies used to produce
the majority of Hollywood DVD film releases, to the award-winning Roxio- and
Sonic-branded CD and DVD creation, playback and backup solutions that have become
the premier choice for consumers, prosumers and business users worldwide.
Sonic products are globally available from major retailers, online at Sonic.com
and Roxio.com, and are bundled with PCs, after-market drives and consumer electronic
devices. Sonic’s digital media creation engine is the de facto standard
and has been licensed by major software and hardware manufacturers, including
Adobe, Microsoft, Scientific-Atlanta, Sony, and many others. Sonic Solutions
is headquartered in Marin County, California.
Sonic, the Sonic logo, Sonic Solutions, and Roxio are trademarks or registered
trademarks of Sonic Solutions or its subsidiaries in the United States and/or
other countries. All other company or product names are trademarks of their
respective owners and, in some cases, are used by Sonic Solutions under license.
