iZotope Acquires Imagine Research

New engineering team and technologies join iZotope's expanding array of audio software innovation

Cambridge, MA—March 13, 2012 - iZotope, Inc., a leading innovator in digital audio signal processing, announces the acquisition of Imagine Research, Inc., a developer of intelligent audio analysis technologies.

Based in San Francisco, Imagine Research developed MediaMined™, a cloud-based sound similarity and sound-object recognition engine powered by machine learning. The development team has applied their expertise to a range of leading media companies like Skywalker Sound, Pandora, Line 6 and JamLegend (acquired by Zynga). A winner of two National Science Foundation Small Business Innovation Awards, Imagine Research has demonstrated both technical and commercial merit.

"The Imagine Research team brings a wealth of technology and experience around intelligent audio analysis, cloud computing, and machine learning," explains iZotope CEO and co-founder, Mark Ethier, "We're excited to support the development of MediaMined, and to bring Imagine Research technology into the rest of the iZotope product lines."

"Given iZotope's infrastructure and ten years of experience developing, marketing, distributing and supporting products worldwide, joining iZotope is a natural fit for Imagine Research," says Jay LeBoeuf, founder and CEO of Imagine Research, "iZotope is ideally positioned to help us bring this technology to millions of end-users, and to expand our innovative technology into exciting applications and new markets."

For immediate questions on technology from iZotope or Imagine Research, please contact iZotope's Director of Business Development, Alex Westner.

About Imagine Research

Imagine Research develops software algorithms capable of sound-object recognition. Their patent-pending MediaMined™ technoogy is changing the way people interact with and search for sounds. By using machine learning, digital signal processing, and information retrieval techniques, Imagine Research enables computers to listen to and understand sound. Imagine Research has received two U.S. National Science Foundation Small Business Innovation Research (SBIR) Awards (Phase I and Phase II) in recognition of their technical and commercial merit achieved by their sound-object recognition technology.

About iZotope

iZotope makes innovative products that inspire and enable people to be creative. Based in Cambridge, Massachusetts, iZotope has spent over a decade developing award-winning products and audio technologies for professionals and hobbyists alike. Used by millions of people in over 50 countries, iZotope products are a core component of GRAMMY-winning music studios, Oscar and Emmy-winning film and TV post production studios, and prominent radio studios, as well as basement and bedroom studios across the globe. Through a robust licensing program, iZotope also powers products made by industry partners such as Adobe, Avid, Microsoft, and Sony. iZotope was recently honored with an Emmy® Award for Outstanding Achievement in Engineering Development for its flagship audio repair suite, RX®.

For more information on iZotope products, visit www.izotope.com.

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