Dillan Mckenzie's blog: Sonic solutions receives message from nasdaq because of the inability to the document within the prescribed period form 10-Q

NOVATO, Calif., November 21 /PRNewswire FirstCall/ — Sonic Solutions(R) announced it today had received, as expected, an additional message of the offence from listing qualifications staff nasdaq stock market (the “staff”) on November 15, 2007 because of the Sonics of loss to the document within the prescribed period its quarterly report over form 10-Q for its fiscal quarter terminates Septembers 30, 2007 (the “additional personnel determination”), as geFordert of nasdaq market guideline 4310(c)(14). As before announced on February 1, 2007, Sonic began a volunteer review its historical and present stock choice grant practice and referred bookkeeping. Based on review, Audit committee of the Sonic ‘ s management and the Sonics have the managements introductory concluded, that, under which to applicable bookkeeping guidance, Sonic sufficient documents for certain historical choice grants must lacked and be adjusted those the evaluation deadlines, which are connected with these choice grants. Further as announced, before Audit committee, stated after consultation with management and Sonics the management, has that Sonics of financial statements of the yearbook and the meantime any more cannot be built on. Sonic stated the fact that she must note additional cash and cash for stock created reconciliation does not up-load expenses and its represents preceding financial statements again and that such loadings are material. Sonic still to determine up-loaded in the situation the quantity of so or is not resulting tax and bookkeeping effect of these activities. Sonic intends to submit its again represented financial results and referred periodic report as fast as possible. When announced before, Sonic received previous message of the offence of the personnel created after Sonics loss to the document within the prescribed period its quarterly report on form 10-Q for the quarters, which Decembers 31, 2006 and June 30, 2007 and its annual report over form 10-K was terminated for its fiscal year, March 31, 2007, everyone as from nasdaq market guideline 4310(c)(14) was geFordert terminated and thus disturbance of full powers requests and an annual meeting for its fiscal year terminates March 31, 2006, over or before March 31, 2007 as from nasdaq market guidelines geFordert 4350(e) and 4350(g), and/or holds. On October 26, 2007 Sonic received a letter from nasdaq to listing audition and review communicating the advice (the “listing advice”) Sonic from its decision, in order to grant to Sonic an exception, for of of observance of all nasdaq global chosen continuous stock exchange permission regulations of the market until Decembers 26, 2007 to demonstrate (the “observance date”). If Sonic works, with care, around which applicable stock exchange permission regulations date to meet by the observance, Sonic believes now that her additional time to recover full observance nasdaq of archiving AnForderungen necessarily and an annual meeting terminates March 31, 2006 for its fiscal year to hold. To grant to recover consequently Sonic of plans to submit to a request at nasdaq the management to designate the listing council decision for review Sonic additional time, observance nasdaq of the global chosen the continuous stock exchange permission regulations of market and remain the Delisting of the Sonics general stock from nasdaq the global chosen market to. In the case nasdaq the management selects, in order not to designate the listing council decision for review and the Delisting of the Sonics general stock remain, Sonics general stock the Delisting of nasdaq stock market be suspended. Over Sonic solutions Sonic makes for solutions of the creation, the management and the benefit possible of digital central contents from Hollywood to the house. Sonics goods offered of the advanced writing systems used, Hollywood DVD, to produce hp DVD and blue jet disk film releases to award winning the Roxio(R) burned photo, to video, to music and to the digital means applications of managements. Machine Sonics patented technologies and the AuthorScript(R) means are built for the platforms, Sonic on, by leading technology enterprises, rich central experiences on a broad set of consumer electronics, of mobile devices, by adjusting top side players, from small kiosks and from PCS Always to define a pioneer, Sonic a prominent role in helping specialist took and sales markets for consumer goods form the successful transition to the new highly soluble central formats and, by DVD on Demand(TM) and Qflix define new Modelle for the digital distribution of the first-class Hollywood maintenance. Sonic solutions is had California in that marine county, the Sonic trade mark, the Sonic solutions, the AuthorScript, Sonic DVD need and the Roxio is registered registered trade marks or registered registered trade marks of the Sonic solutions or its subsidiaries in the United States and/or in other countries Sonic. All further company or product name is registered registered trade marks or registered registered trade marks of their respective owners and in some cases by Sonic under license is used. Secure port statement under the private collateral law case improvement act of 1995: All statements, which are enclosed by reference in this release, differently than statements or markings of the historical fact or are contained, are looking forward statements. These forwardlooking statements are based on our present expectations, estimations and projections over our business and industry, faith of the management and certain acceptance, which are formed potential, “” will continue, “by us, that are dependent on change the forward looking of of statements can by words as are frequently marked” anticipate, “” expected, “” intended, “” plans, “” forecast, “” believe, “” search procedures, “” estimations, “” know, “”, “”, if, “”, “” could, “for” “continual,” similar expressions and changes or negatives of these words became. These forwardlooking statements are not warranties of the future results and depend on dangers, uncertainties and acceptance, which could arrange our actual results to differ from those materially and unfavorably which were expressed in each possible forwardlooking statement. These dangers and uncertainties do not unlock in, but to designate our ability, to convince nasdaq the management the decision listing qualifications of staff nasdaq stock market for review and to continue the listing of our shares at nasdaq the global chosen market limited; the range of the cheapness of prices, for which bookkeeping evaluation deadlines change; the quantity and TIMING of the stock created to be noted reconciliation and other additional expenses and the appropriate new formulation of our financial statements; other adjustments of value, which can result out review our financial statements during the periods in the question; the bypasses of our inability to arrange erForderten report with the sec. on a basis within the prescribed period; Requirements for potential and muddled regarding are such affairs, including shareholder law case and activity by the sec. or other government agencies; other measures moved or resulting from review erFordert; and negative tax or other implications for the company, resulting from the adjustments of value and other factors. Our annual report over form 10-K for our fiscal year terminated March the 31, 2006, following quarterly reports over form 10-Q, new present reports over form 8-K, and our other sec. archivings discuss the preceding dangers as well as other important danger factors, those to such differences to contribute could or affect differently our business, results of the enterprises and financial condition. The forwardlooking statements in this release speak only starting from the date, which they are formed. We do not die commitment to improve or update each looking forward statement for any reason publicly.

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