Roxio Fourth Quarter Results to Meet Expectations
Fourth Quarter and Year-end Earnings Release and Conference Call Scheduled for May 21, 2003; Company to Present at JP Morgan and US Bancorp Piper Jaffray Conferences in May
Santa Clara, California - (April 24, 2003) - Roxio, Inc. (Nasdaq: ROXI), The Digital Media Company, provider of the best selling selling digital media software in the world, today announced that it expects financial results for the fiscal fourth quarter ended March 31, 2003 to meet its previously issued guidance from January 22, 2003.
Additionally, the Company will present at the following investment conferences in May:
May 8th - JP Morgan Technology and Telecom Conference, San Francisco
May 14th - US Bancorp Piper Jaffray Technology Conference, New York
More information on these events will be made available on the investor
relations section of Roxio's website at
Fourth Quarter and Fiscal 2003 Conference Call Information
Roxio plans to report detailed financial results for the fourth
quarter and fiscal year 2003 on Wednesday, May 21, 2003 after the
close of market. The company will host a conference call for analysts
and investors at 1:30 p.m. PT (4:30 p.m. ET). Participating on the
call will be President and CEO Chris Gorog and CFO Elliot Carpenter.
To participate on the live call, analysts and investors should
dial 800-216-6962 at least ten minutes prior to the call. Roxio
will also offer a live and archived webcast of the conference call,
accessible from the "Investor Relations" section of the
company's Web site at http://investor.roxio.com.
A telephonic replay of the conference call will also be available
for 48 hours by dialing 800-642-1687 and entering the passcode:
Roxio, a division of Sonic Solutions, develops and markets the best-selling digital media software in the world. Roxio offers
award-winning software products for CD/DVD burning, photo editing and video editing and has an installed base of over 150 million
users. Roxio distributes its products globally through strategic partnerships with major hardware manufacturers, through leading
retailers, through Internet partnerships and through direct sales at www.roxio.com. Roxio's
parent company, Sonic Solutions (NASDAQ: SNIC;
http://www.sonic.com) is the leader in digital media software and provides a broad range of software
tools and applications for creative professionals, business and home users and technology partners. Sonic's products range from professional
DVD authoring systems and interactive content delivery technologies that are used to produce the majority of Hollywood movies released on DVD,
to the award-winning Roxio- and Sonic-branded CD and DVD creation, playback and backup applications that have become the premiere solutions
for consumers and business users worldwide. Sonic's AuthorScript® is the de facto standard for CD and DVD burning and formatting and has
been licensed by major software and hardware manufacturers, including Adobe, Broadcom, Microsoft, Scientific-Atlanta, Sony, and many others.
Sonic Solutions is headquartered in Marin County, California.
Sonic, the Sonic logo, Sonic Solutions, Roxio, MyDVD, CineMagic, Plug & Burn, LiveShare, Roxio Easy Media Creator, and
AuthorScript are trademarks or registered trademarks of Sonic Solutions or its subsidiaries in the United States and/or other
countries. Dolby is a trademark of Dolby Laboratories. All other company or product names are trademarks of their respective
owners and, in some cases, are used by Sonic Solutions under license. Specifications, pricing and delivery schedules are subject
to change without notice.