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rwwine

11/28/05 10:51 PM

#4 RE: rwwine #3

SOFO - Q4 guidance given back in August 2005

*Revenue
Total revenue of approximately $3 million in Q4.

*Gross Margin
Q4-2005 gross margins in upper 60%.

*Operating Expenses
Consistent with Q3 despite anticipated growth in revenue.

*Net loss per share in Q4 of $0.01, $0.00 in Q1 of 2006.

You can view this part of their presentation on the link below. Management refers to this in guidance/conclusion. Move curser to 21:10-24:00.

http://msite.sonicfoundry.com/mediasite/viewer/NoPopupRedirector.aspx?peid=3e7ee58a-c2c6-4696-9f22-0...

This Thursday, December 1, 2005 is when SOFO will have their most recent Conference Call confirming what the investment community was told back in August. Should be interesting!