-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ac32gPsC1zLZl2LCZmiMfFAhjEqA3kFfH/b0Bil3MwcUF1Ec1aNEmOXfuXXz4LBS pWFlupcuJbXsjIIgcvASAA== 0001021408-01-511560.txt : 20020413 0001021408-01-511560.hdr.sgml : 20020413 ACCESSION NUMBER: 0001021408-01-511560 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20011211 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20011219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SONIC SOLUTIONS/CA/ CENTRAL INDEX KEY: 0000916235 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 930925818 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23190 FILM NUMBER: 1817859 BUSINESS ADDRESS: STREET 1: 101 ROWLAND WAY STREET 2: STE 110 CITY: NOVATO STATE: CA ZIP: 94945 BUSINESS PHONE: 4158938000 MAIL ADDRESS: STREET 1: 101 ROWLAND WAY STREET 2: STE 110 CITY: NOVATO STATE: CA ZIP: 94945 8-K 1 d8k.txt FOR THE PERIOD OF DECEMBER 11, 2001 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report: December 19, 2001 Date of earliest event reported: December 11, 2001 SONIC SOLUTIONS (Exact name of registrant as specified in its charter) California 72870 93-0925818 (State or other jurisdiction of (Commission File (I.R.S. Employer incorporation or organization) Number) Identification No.) 101 Rowland Way, Suite 110 Novato, CA 94945 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (415) 893-8000 1 INFORMATION INCLUDED IN THIS REPORT Items 1 through 4, and items 6, 8 and 9 Not Applicable. ITEM 5. OTHER EVENTS. On December 11, 2001, Sonic Solutions announced that it entered into a Licensing Agreement with Adobe Systems Incorporated, whereby Adobe licensed Sonic's DVD authoring technology. Under the terms of the agreement, Adobe will license the technology underlying Sonic's desktop DVD authoring applications, including Sonic's AuthorScript formatting engine. Sonic will continue its focus on home and consumer markets, as well as on systems for Hollywood studios, professional post production and high-end corporate applications. Attached as exhibit 99.1 and incorporated herein by reference is a copy of Sonic Solution's press release dated December 11, 2001 entitled "Adobe Licenses Sonic DVD Technology - Sonic to Provide Foundation for Future DVD Authoring Applications." Forward looking statements made in this periodic report on Form 8-K, including those in the press release attached hereto as exhibit 99.1, that are not statements of historical fact are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward looking statements involve risks and uncertainties, some of which are more fully described in our filings with the Securities and Exchange Commission, including the Registration Statement filed on November 8, 2001. ITEM 7. EXHIBITS. Exhibit 99.1 Press Release dated December 11, 2001 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant, Sonic Solutions, has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized, in the City of Novato, State of California, on the 19th day of December, 2001. SONIC SOLUTIONS Signature Date --------- ---- /s/ Robert J. Doris December 19, 2001 ------------------- Robert J. Doris President and Director (Principal Executive Officer) /s/ A. Clay Leighton December 19, 2001 -------------------- A. Clay Leighton Senior Vice President of Worldwide Operations and Finance and Chief Financial Officer (Principal Financial Accounting Officer) EXHIBIT INDEX Exhibit Description ------- ------------------------------------------------- 99.1 Press Release dated December 11, 2001 entitled "Adobe Licenses Sonic DVD Technology - Sonic to Provide Foundation for Future DVD Authoring Applications." 3 EX-99.1 3 dex991.txt NEWS RELEASE DATED DECEMBER 11, 2001 EXHIBIT 99.1 news release SONIC(TM) FOR IMMEDIATE RELEASE FOR MORE INFORMATION, CONTACT: December 11, 2001 Paul Lefebvre, Sonic Solutions 415.893.8000 phone . 415.893.8008 fax NASDAQ:SNIC paul_lefebvre@sonic.com email ----------------------- - -------------------------------------------------------------------------------- Adobe Licenses Sonic DVD Technology Sonic to Provide Foundation for Future DVD Authoring Applications Marin County, California (December 11, 2001) - Sonic Solutions (NASDAQ: SNIC), the world's leading supplier of authoring systems for DVD-Video production, today announced that Adobe Systems Incorporated (NASDAQ: ADBE), the leader in network publishing, has agreed to license Sonic's DVD authoring technology as the foundation of a new Adobe-branded DVD authoring application for the emerging desktop DVD publishing market. "We expect DVD to become the medium of choice for video publishing, and DVD authoring to be one of our fastest-growing market segments," said Bryan Lamkin, Senior Vice President of Adobe Systems' Graphics Business Unit. "Sonic's reputation as the premier supplier of DVD technology made them the clear choice for Adobe's DVD solution." Under the terms of the agreement, Adobe will license the technology underlying Sonic's desktop DVD authoring applications, including Sonic's industry-leading AuthorScript(R) formatting engine. Adobe and Sonic will work together to initiate the development of Adobe-branded DVD software, and the companies plan to cooperate in marketing their respective product lines. Sonic will continue its focus on home and consumer markets, as well as on systems for Hollywood studios, professional post production and high-end corporate applications. "We're very pleased to be teaming with Adobe as they expand their digital video and digital imaging product lines to include DVD-Video creation," said Bob Doris, President of Sonic. "Adobe's product lineup and success in digital media joined with Sonic's expertise in DVD-Video makes for an unbeatable combination." The DVD market is expanding rapidly as consumers adopt DVD player technology faster than any other video playback device. The rate of adoption for DVD technology has outpaced the CD by a factor of three and the VCR by a factor of seven. According to Dataquest, the annual sales of DVD home players will exceed 60 million units by 2004. Also by 2004, an additional 100 million DVD units will be sold in desktop and laptop computers. The ability to author DVDs directly on the desktop is expanding rapidly, with manufacturers such as Hewlett-Packard, LaCie, Logitec, Panasonic, Philips, Pioneer, Ricoh, Sony and others bundling Sonic MyDVD with their recordable DVD drives for use with desktop computers. About Sonic Solutions (NASDAQ: SNIC) Based in Marin County, California, Sonic (http://www.sonic.com) is the world's leading manufacturer of solutions for DVD creation. Sonic DVD Creator(R), Sonic Scenarist(R), Sonic ReelDVD(TM) and Sonic DVD Fusion(R) are the most widely-used systems for professional DVD publishing, and are installed worldwide at major studios, post production facilities and in corporate marketing departments. Sonic DVDit!(R) (http://www.dvdit.com) is the leading DVD authoring application for videographers and corporate video producers; more than 1 million copies of DVDit! have been sold. Sonic MyDVD(TM) (http://www.mydvd3.com) is the first DVD authoring application for consumers, and is the leading DVD solution among DVD recorder and PC manufacturers. Sonic is a full voting member of the DVD Forum, the standards-setting body for the DVD format. (c) 2001 Sonic Solutions. Sonic Solutions, the Sonic logo, MyDVD, and ReelDVD are trademarks of Sonic Solutions. AuthorScript, DVD Creator, DVD Fusion, DVDit!. Scenarist, and SonicStudio are registered 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 conjuction with the Company's most recent annual report on Form 10-K and quarterly report on Form 10Q 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. -----END PRIVACY-ENHANCED MESSAGE-----