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Socrates Project Applicants Exceed the 650 Mark
Friday, October 10, 2008

PITTSBURGH, Oct. 10 /PRNewswire/ -- Panopto, Inc. announced today that over 650 institutions have applied for participation in the Socrates Project, the company's free software program for academia.

Announced in mid-December 2007, the Socrates Project makes Panopto's CourseCast lecture capture software available free to universities, colleges and K-12 school districts. In return, Socrates Project members participate in marketing and beta programs aimed at continually enhancing the technology. CourseCast was developed and first deployed at Carnegie Mellon University in Pittsburgh, PA.

Brad Winney, Panopto's President and CEO, said: "Interest in the Socrates Project is accelerating, due in part to the recent turmoil in the financial markets and its potential impact on learning technology budgets. The free software aspect, combined with the CourseCast's hardware-independent approach, is encouraging lecture capture adoption for a fraction of the typical cost."

Socrates Project participation involves institutions from every academic sector, including major universities, community colleges, and K-12 school districts. New enrollees include University of Virginia, University of North Carolina, Cal Poly, New York Medical College, The Ohio State University, Syracuse University, Kent State University, The University of Oklahoma, University of Bath, Southwestern Adventist University, Loyola Marymount University, Miami Dade College, Kalamazoo Valley Community College, Cornwall Lebanon and Clark County (Athens, Ga.) school districts.

Winney added that "feedback on our fee-based services has been very positive. As schools deploy a larger number of classrooms, guaranteed support becomes more critical. From what customers have been telling us, our service levels have made a real difference in their overall satisfaction with their deployments."

About Panopto, Inc.

Panopto, Inc. is a privately held provider of rich-media knowledge casting and management solutions to the Education, Corporate, Government and Healthcare markets. The company's suite of systems and services capture, stream, edit and archive rich media content across the enterprise. More information about Panopto can be found at http://www.panopto.com. Socrates Project enrollment forms are available at http://www.panopto.com/socrates_form.aspx

SOURCE Panopto, Inc.



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