Sony Electronics and Accenture Launch Concadia Solutions LLC

Powerful Digital Asset Management Technologies and Services Now Available to

Help Companies Effectively Manage Their Rich Media



Apr 22, 2001, 01:00 ET from Sony Electronics Inc. and Accenture

    LAS VEGAS, April 22 /PRNewswire Interactive News Release/ -- (NAB 2001) --
 Sony Electronics and Accenture today announced the launch of Concadia
 Solutions LLC to provide media companies, distributors and other organizations
 that own rich media with comprehensive digital asset management technologies
 and solutions.
     (Photo:  NewsCom: http://www.newscom.com/cgi-bin/prnh/19990804/SNYLOGO )
 
     The joint venture leverages the strengths of each company, combining
 Sony's extensive video and broadcast expertise with Accenture's leading
 workflow re-engineering and consulting services.  Sony is the number one
 provider of complete audio and video technology systems and solutions to the
 media and entertainment industry.  Accenture is the world's leading provider
 of management and technology consulting services and solutions.
     Concadia Solutions enables companies with rich media -- including video,
 music, photos and images -- to create, manage, archive and re-purpose assets
 through multiple channels in order to create new revenue streams and realize
 operational efficiencies.  While various vendors offer individual software,
 services, and equipment, Concadia Solutions offers complete solutions tailored
 to each customer's requirements, as well as installation by experts in
 production video and enterprise software.
     "Broadcasters, post-production houses and entertainment studios
 increasingly are looking to manage their substantial digital assets throughout
 their network and re-purpose them for a variety of media properties, from
 television to the web," said Edward Grebow, deputy president of Sony
 Electronics and president of its Broadcast and Professional Company.
 "Originally, we hired Accenture as an advisor based upon their understanding
 of the digital asset management marketplace.  As the work progressed, we
 recognized each other's complementary strengths, and decided to form Concadia
 Solutions."
     According to Accenture research, revenues from digital television and rich
 media, including basic service, premium channels, video on demand and other
 interactive services are expected to reach approximately $30.1 billion by
 2005 (of which video on demand accounts for $3.2 billion).
     "We have seen tremendous interest from broadcasters and video content
 owners in digital asset management, and are excited to form Concadia Solutions
 with Sony Electronics, a recognized leader in video-based equipment and
 solutions," said Hap Brakeley, Accenture -- North America managing partner,
 Media & Entertainment industry group.  "We are creating an end-to-end solution
 that combines a broad range of hardware and software with Accenture's
 experience in digital asset management."
     Norm Rickeman, currently a partner in Accenture's Media & Entertainment
 industry group, has been named acting president of Concadia Solutions.
     "This is an exciting opportunity to build a business around rich media
 asset management with backing from market leaders, Accenture and Sony," said
 Rickeman.  "Owners of media assets are looking for ways to generate additional
 revenues and reduce costs.  We believe Concadia Solutions has put together a
 leading end-to-end solution to help content owners improve their return on
 investment."
     Digital asset management systems involve workflow re-design, enterprise
 software and technological support for multiple video and audio formats.  With
 digital asset management solutions, organizations benefit from the ability to:
 preserve and re-use digital assets for future use, facilitate centralized
 access to content, improve workflow, minimize time to market, enhance business
 decisions, and identify and leverage new business models.
     Concadia Solutions was formed using staff and resources from Sony
 Electronics and Accenture and is headquartered in San Jose, Calif.  Concadia
 Solutions provides services to clients throughout the United States and
 Canada.
     More information about Concadia Solutions is available at www.concadia.com
 or by visiting Booth #L11600 at the Las Vegas Convention Center, National
 Association of Broadcasters.
 
     Sony Electronics' Broadcast and Professional Company (BPC) provides
 advanced products and systems for a variety of professional and broadcast
 markets, including production, corporate, industrial, government, security,
 medical and education.  Sony offers a variety of digital products and systems
 designed to facilitate the transition to digital technologies and the emerging
 broadband network era.  Sony products, systems and services include those for
 broadcast acquisition, production, storage, data management, system
 integration, digital imaging, digital printing, large and small venue display,
 and projection needs.  Sony Electronics recorded annual sales approaching
 $14 billion in the fiscal year that ended March 31, 2001.
 
     Note:  For press releases and digital images, please visit
 www.sony.com/news and www.sony.com/professional for customer product
 information.  More information regarding the nearest Sony authorized dealer or
 service location is available by calling 1-800-686-SONY.
 
     Accenture is the world's leading provider of management and technology
 consulting services and solutions.  More than 70,000 people in 46 countries
 deliver a wide range of specialized capabilities and solutions to clients
 across all industries.  Under its strategy, Accenture is building a network of
 businesses to meet the full range of client needs -- consulting, technology,
 outsourcing, alliances and venture capital.  Accenture's home page address is
 http://www.accenture.com .
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X79522368
 
 

SOURCE Sony Electronics Inc. and Accenture
    LAS VEGAS, April 22 /PRNewswire Interactive News Release/ -- (NAB 2001) --
 Sony Electronics and Accenture today announced the launch of Concadia
 Solutions LLC to provide media companies, distributors and other organizations
 that own rich media with comprehensive digital asset management technologies
 and solutions.
     (Photo:  NewsCom: http://www.newscom.com/cgi-bin/prnh/19990804/SNYLOGO )
 
     The joint venture leverages the strengths of each company, combining
 Sony's extensive video and broadcast expertise with Accenture's leading
 workflow re-engineering and consulting services.  Sony is the number one
 provider of complete audio and video technology systems and solutions to the
 media and entertainment industry.  Accenture is the world's leading provider
 of management and technology consulting services and solutions.
     Concadia Solutions enables companies with rich media -- including video,
 music, photos and images -- to create, manage, archive and re-purpose assets
 through multiple channels in order to create new revenue streams and realize
 operational efficiencies.  While various vendors offer individual software,
 services, and equipment, Concadia Solutions offers complete solutions tailored
 to each customer's requirements, as well as installation by experts in
 production video and enterprise software.
     "Broadcasters, post-production houses and entertainment studios
 increasingly are looking to manage their substantial digital assets throughout
 their network and re-purpose them for a variety of media properties, from
 television to the web," said Edward Grebow, deputy president of Sony
 Electronics and president of its Broadcast and Professional Company.
 "Originally, we hired Accenture as an advisor based upon their understanding
 of the digital asset management marketplace.  As the work progressed, we
 recognized each other's complementary strengths, and decided to form Concadia
 Solutions."
     According to Accenture research, revenues from digital television and rich
 media, including basic service, premium channels, video on demand and other
 interactive services are expected to reach approximately $30.1 billion by
 2005 (of which video on demand accounts for $3.2 billion).
     "We have seen tremendous interest from broadcasters and video content
 owners in digital asset management, and are excited to form Concadia Solutions
 with Sony Electronics, a recognized leader in video-based equipment and
 solutions," said Hap Brakeley, Accenture -- North America managing partner,
 Media & Entertainment industry group.  "We are creating an end-to-end solution
 that combines a broad range of hardware and software with Accenture's
 experience in digital asset management."
     Norm Rickeman, currently a partner in Accenture's Media & Entertainment
 industry group, has been named acting president of Concadia Solutions.
     "This is an exciting opportunity to build a business around rich media
 asset management with backing from market leaders, Accenture and Sony," said
 Rickeman.  "Owners of media assets are looking for ways to generate additional
 revenues and reduce costs.  We believe Concadia Solutions has put together a
 leading end-to-end solution to help content owners improve their return on
 investment."
     Digital asset management systems involve workflow re-design, enterprise
 software and technological support for multiple video and audio formats.  With
 digital asset management solutions, organizations benefit from the ability to:
 preserve and re-use digital assets for future use, facilitate centralized
 access to content, improve workflow, minimize time to market, enhance business
 decisions, and identify and leverage new business models.
     Concadia Solutions was formed using staff and resources from Sony
 Electronics and Accenture and is headquartered in San Jose, Calif.  Concadia
 Solutions provides services to clients throughout the United States and
 Canada.
     More information about Concadia Solutions is available at www.concadia.com
 or by visiting Booth #L11600 at the Las Vegas Convention Center, National
 Association of Broadcasters.
 
     Sony Electronics' Broadcast and Professional Company (BPC) provides
 advanced products and systems for a variety of professional and broadcast
 markets, including production, corporate, industrial, government, security,
 medical and education.  Sony offers a variety of digital products and systems
 designed to facilitate the transition to digital technologies and the emerging
 broadband network era.  Sony products, systems and services include those for
 broadcast acquisition, production, storage, data management, system
 integration, digital imaging, digital printing, large and small venue display,
 and projection needs.  Sony Electronics recorded annual sales approaching
 $14 billion in the fiscal year that ended March 31, 2001.
 
     Note:  For press releases and digital images, please visit
 www.sony.com/news and www.sony.com/professional for customer product
 information.  More information regarding the nearest Sony authorized dealer or
 service location is available by calling 1-800-686-SONY.
 
     Accenture is the world's leading provider of management and technology
 consulting services and solutions.  More than 70,000 people in 46 countries
 deliver a wide range of specialized capabilities and solutions to clients
 across all industries.  Under its strategy, Accenture is building a network of
 businesses to meet the full range of client needs -- consulting, technology,
 outsourcing, alliances and venture capital.  Accenture's home page address is
 http://www.accenture.com .
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X79522368
 
 SOURCE  Sony Electronics Inc. and Accenture