Audible Magic Press Release
Audible Magic Licenses DSP Technology to Adobe Systems
LOS GATOS, California — September 4, 2003 — Audible Magic Corporation, a leading provider of content management and media information services, announced today the company has licensed software libraries, used for digital signal processing (DSP) of audio content, to Adobe Systems Incorporated. The libraries will be integrated into Adobe® Premier® Pro, the latest version of Adobe’s award-winning professional video editing software, announced on July 7th. The libraries contain algorithms developed by Audible Magic’s Musclefish division, the same division that developed the company’s patented solutions for audio fingerprinting. Acquired by Audible Magic two years ago, Musclefish was founded by a group of senior audio engineers from the sound research labs of Yamaha Corporation.
“Audible Magic’s expertise in the areas of sound engineering and DSP were an obvious choice when selecting a company to provide audio technology for Premiere Pro,” said David Trescot, senior director of Digital Video for Adobe. “Redesigned from the ground up, Premiere Pro includes audio capabilities that meet our standards of technical excellence and help make it a truly professional application.”
The Audible Magic libraries provide for time-scaling of the audio track, enabling its play duration to be stretched or compressed to fit a specific piece of video, while maintaining the original pitch.
This is the second deal with a major corporation announced by Audible Magic this quarter. In August, Universal Music Group agreed to send all its new releases to Audible Magic electronically, providing for immediate inclusion in the massive database of songs that is a key element in the company’s anti-piracy systems. Audible Magic has also signed contracts with performing rights organization SESAC and The College Music Network, to monitor airplay for both streaming and traditional radio stations.
“Audible Magic’s technology continues to become more widely adopted,” said Vance Ikezoye, founder and CEO of Audible Magic. “This application is in a different market than those using audio fingerprinting for content ID and management, but demonstrates our leadership position in audio engineering and DSP.”
About Audible Magic, Inc.
Audible Magic Corporation provides content management and anti-piracy services to the media and entertainment industries as well as to business, governmental, and educational institutions. The company's offerings utilize patented content identification technologies and an extensive reference database of audio and video content. Its digital technology and services are designed to monitor, track, manage, filter, and monetize digital content in all of its forms. The company has been active providing solutions for the Web 2.0 user-generated content video sharing sites.
Audible Magic has long-term relationships with the major record labels that have registered their content in the company’s database that holds one of the largest collections of copyrighted digital song recording fingerprints in the world. Corporate partners include EMI Recorded Music, Palisade Systems, Sony/BMG Music, Universal Music Group, V2 Music, Warner Music Group, and EMI Recorded Music. Audible Magic’s technology is also employed by Grouper, iMesh and PlayLouder MSP music service. Other major market customers include over 70 educational institutions and the media manufacturing industry. Audible Magic’s products include the CopySense P2P Plug-In; CopySense Network Appliance, and RepliCheck.
The Company was founded in 1999, and it operates from offices in Los Gatos, Los Angeles, and Berkeley, California.
For more information, visit Audible Magic’s website at www.audiblemagic.com.
For more information, please contact:
Audible Magic Media & Analyst Inquiries
Sarah McMullenMcMullen & Company
310.283.7907
smcmullen@earthlink.net