Awards Underscore Company’s Continuing Investment in New ACR Solutions

LOS GATOS, CA, February 29, 2012 — Audible Magic Corporation, the leader in automated content recognition (ACR) solutions and services, today announced that the U.S. Patent Office has granted it three new patents for its innovative work in automated content recognition (ACR) technology, a key enabler in the fast emerging Smart (or “connected”) TV and Social TV marketplaces worldwide. The patents, which bring Audible Magic’s total to 18 U.S. and European patent awards, demonstrate the company’s consistent, ongoing commitment to provide unique new capabilities to both device manufacturers and applications developers who embed ACR into their solutions.

Each of the newly awarded patents tackles a different facet of current ACR challenges. The first, U.S. Patent #8,006,314, is a system that identifies an unknown piece of digital content by analyzing its metrics and then matching these with known content for identification. The second, U.S. Patent #8,082,150, is a system that receives audio data from an unknown work and checks it against known audio data to see if there is a match. And the third, U.S. Patent #8,086,445, is an invention that reduces the size of the reference database, allowing for a more efficient identification process on systems with limited compute resources.

Together with the company’s previously awarded patents and growing portfolio of ACR solutions and services, these three new innovations have helped strengthen Audible Magic’s competitive position as it pursues Smart TV, Social TV, Interactive Advertising and other opportunities. In recent months, for example, the company has announced numerous technology partnerships with other companies focused on these markets.

“Virtually every device that plays in this space from TVs to tablets and smart phones must have some form of ACR technology embedded in it to provide the highly interactive, highly engaging experience today’s consumers crave,” said Jay Friedman, VP of Marketing for Audible Magic. “This is an enormous opportunity for us, and we are committed to making the most of it. Since our founding, we have been a leader in this area, and, as these new patent awards illustrate, we are continuing to build upon our leadership position through unceasing innovation.”

Audible Magic also has additional patents pending. The company expects these to be awarded in the first half of 2012.