-----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, PY7xyEY3RQ3HKiu2gBHEqRe89aBEGFtQtebIudQJqon2hzO7/UiTzZ5NJTpTJ61u 182TO3U9QNBo5KgepXnwDw== 0001021408-02-008296.txt : 20020612 0001021408-02-008296.hdr.sgml : 20020612 20020612164327 ACCESSION NUMBER: 0001021408-02-008296 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020612 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020612 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: 02677525 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.htm FORM 8-K DATED JUNE 12, 2002 Prepared by R.R. Donnelley Financial -- Form 8-K dated June 12, 2002
 
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: June 12, 2002
Date of earliest event reported: May 24, 2002
 
SONIC SOLUTIONS
(Exact name of registrant as specified in its charter)
 
California
 
72870
 
93-0925818
(State or other jurisdiction of
incorporation or organization)
 
(Commission
File Number)
 
(I.R.S.Employer
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
 
Exhibit Index on Page 3.
 


 
INFORMATION INCUDED IN THIS REPORT
 
Items 1 through 4, and items 6, 8 and 9 Not Applicable.
 
Item 5.    Other Events.
 
On May 29, 2002, Sonic Solutions announced that they had entered into an agreement under which Axeda will license RAVISENT’s software DVD player and other digital media technologies to Sonic. Under the agreement, Sonic will pay Axeda a one-time fee of $2 million for the license and related agreements, and in return will obtain exclusive rights to deploy the RAVISENT technologies in the personal computer market. Sonic will also expand its engineering team through the addition of key engineering talent from Axeda.
 
Item 7.    Exhibits.
 
A copy of the Press Release issued on May 29, 2002 is attached hereto as exhibit 99.1.

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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 thereunto duly authorized, in the City of Novato, State of California, on the 12th day of June, 2002.
 
       
SONIC SOLUTIONS
 
June 12, 2002
 
By:
 
/s/    ROBERT J. DORIS        

           
Robert J. Doris
President and Director
(Principal Executive Officer)
 
         
June 12, 2002
 
By:
 
/s/    A. CLAY LEIGHTON        

           
A. Clay Leighton
Senior Vice President of Worldwide
Operations and Finance and Chief
Financial Officer (Principal Financial
Accounting Officer)

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EXHIBIT INDEX
 
Exhibit

  
Description

99.1
  
Press Release dated May 29, 2002

4
EX-99.1 3 dex991.htm PRESS RELEASE Prepared by R.R. Donnelley Financial -- Press Release
 
EXHIBIT 99.1
 
 
news release
 
SONIC
FOR IMMEDIATE RELEASE
 
FOR MORE INFORMATION, CONTACT:
May 29, 2002
 
Paul Lefebvre, Sonic Solutions
   
415.893.8000 phone • 415.893.8008 fax
NASDAQ:SNIC
 
paul_lefebvre@sonic.com email
 
Sonic Solutions and Axeda Systems
Announce Licensing Deal for RAVISENT
Technology
Sonic Expands Product Line and Development Team
 
Marin County, CA (May 29, 2002)—Sonic Solutions (NASDAQ: SNIC) and Axeda Systems Inc., announced today that they have entered into an agreement under which Axeda will license RAVISENT’s software DVD player and other digital media technologies to Sonic. Under the agreement, Sonic will pay Axeda a one-time fee of $2 million for the license and related agreements, and in return will obtain exclusive rights to deploy the RAVISENT technologies in the personal computer market. Sonic will also expand its engineering team through the addition of key engineering talent from Axeda.
 
Sonic is the leading supplier of DVD creation software; Sonic MyDVD and DVDit! are bundled by leading manufacturers of PCs, DVD recorders, and video/graphics cards including Adaptec, Compaq, Dell, Fujitsu, HP, NEC, Nova, Panasonic, Philips, Pioneer, Sony, and others. The RAVISENT technologies, known for their quality and performance, have formed the basis for DVD player products for Microsoft’s XBOX. For Sonic Solutions, the agreement with Axeda adds compatible products, technologies, and personnel to Sonic’s DVD creation business.
 
“The addition of the RAVISENT technologies further strengthens Sonic’s leadership position in DVD creation,” said Christopher Kryzan, Senior Vice-President of Marketing and Engineering at Sonic. “RAVISENT has one of the most efficient DVD players available and has a long-standing reputation for delivering exceptional video quality. The RAVISENT technologies will be excellent
companions to Sonic’s consumer and professional DVD authoring applications for both OEMs and end users.
 
“We are very pleased that Sonic, the acknowledged world leader in DVD creation applications, has decided to add the RAVISENT solutions to their product line-up,” said Tom Fogarty, Executive Vice President and CFO for Axeda. “The addition of RAVISENT digital media technologies to Sonic’s product portfolio will not only allow them to expand their technology base and broaden their product line, but allows Axeda to further concentrate its efforts on continuing its leadership in the DRM market.”


 
About Axeda
 
Axeda Systems Inc. is an enterprise software and services company that helps businesses become more competitive by using the Internet to tap the value of real-time information to optimize their service, development, sales and manufacturing operations. The company’s flagship Axeda Device Relationship Management System is a distributed software solution that lets businesses monitor, manage and service intelligent devices deployed at remote sites. Axeda serves Global 2000 companies in multiple markets including Industrial and Building Automation, Technology, Medical Instrumentation, Office and Semiconductor Equipment industries through sales and service offices in the US, Europe, Israel and Japan, and distribution partners worldwide. More information about Axeda is available at www.axeda.com.
 
About Sonic Solutions (NASDAQ: SNIC) Based in Marin County, California, Sonic (http://www.sonic.com) is the world’s leading developer of solutions for creating DVDs. Sonic MyDVD (http://www.mydvd.com) is the most popular DVD application for consumers, and it is the DVD application of choice among top OEMs of PCs, recordable drives, and video and graphics cards. Sonic DVDit!® (http://www.dvdit.com) is the leading DVD authoring application for videographers and video enthusiasts; more than one million copies of DVDit! have been sold. Sonic DVD Creator®, Sonic Scenarist®, Sonic ReelDVD®, and Sonic DVD Producer 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’s AuthorScript® engine for DVD formatting and burning is licensed by key software developers including Adobe, Microsoft, and Sony. Sonic is a full voting member of the DVD Forum, the standards-setting body for the DVD format.
 
Sonic Solutions, Sonic, the Sonic logo, Edit-on-DVD, MyDVD, and OpenDVD are trademarks of Sonic Solutions. AuthorScript, DVD Creator, DVDit!, ReelDVD, DVD Producer, and Scenarist are registered trademarks of Sonic Solutions. All other company or product names are trademarks of their respective owners and, in some cases, are used by Sonic under license. Specifications, pricing and delivery schedules are subject to change without notice.

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