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Avid Press Room

added: Sun, 16th October 2005 | 275 views | 0x in favourites
feed url: http://www.avid.com/community/rss/getfeed.asp?feed=pres...

Avid Technology news and announcements. [Viewed: 61]

Latest feed entries:

Sundance Digital Unveils Digital Delivery Management Engine

New Application Provides Cost-Effective Solution that Streamlines Workflow Transfer from Cache Servers to Broadcast Video Servers Irving, TX, May 12, 2008 — Sundance Digital, a part of Avid Technology, Inc. (Nasdaq: AVID) and an award-winning provider of high-performance television automation solutions, today announced that it has unveiled the new Sundance Digital® Delivery Management Engine (DDME) – a cost-effective application that provides broadcasters, local stations, cable channels and cable origination operations with a streamlined solution for file-based ingest of third party material. DDME provides broadcasters with a significantly improved workflow by automatically enabling file-based media to be discovered and transferred under automation control. Now, even manual transfers can be executed with a simple "drag and drop."

Avid Introduces Next-Generation RAID Solutions

New VideoRAID ST and SR solutions enable customers to achieve full performance with no data loss during drive rebuild process

Avid Reports First Quarter 2008 Results

TEWKSBURY, Mass., April 24, 2008 - Avid Technology, Inc. (Nasdaq: AVID) today reported revenue of $198.3 million for the three-month period ended March 31, 2008, compared to $218.9 million for the same period in 2007. GAAP net loss for the quarter was $21.1 million, or $.54 per share, compared to GAAP net income of $20,000, or $.00 per diluted share, in the first quarter of 2007.

Avid Delivers Ultimate HD Editing Experience With Release of Next-Generation Editing Systems

Company responds to customer demand for editing systems that offer greater speed, reliability, price-performance and creative freedom LAS VEGAS, April 14, 2008 – Avid Technology, Inc. (Nasdaq: AVID) today unveiled a new family of professional digital video editing systems that offer greater speed, responsiveness, reliability and price-performance – delivering an exceptional HD editing experience to media professionals. The new lineup, which includes next-generation versions of Avid® Media Composer® (v3.0), NewsCutter® (v7.0), and Symphony™ (v3.0) software, as well as new hardware configurations, Mojo DX and Nitris® DX, maximizes real-time performance for customers by intelligently using all available computing bandwidth to evenly disperse the processing of video and effects across the entire system. The result is an extremely fast and responsive HD editing experience that provides greater creative freedom and flexibility to end-users.

Avid Announces Conference Call Following Release of Fourth Quarter 2007 Results

TEWKSBURY, Mass. – January 17, 2008 – Avid Technology, Inc. (Nasdaq: AVID) will hold a conference call to review its financial results for the fourth quarter ended December 31, 2007, on Thursday, January 31, 2008, at 5:00 p.m. EST, following the dissemination of its press release on those results.

Social Release -- Avid Customers Sweep 58th Annual A.C.E. Eddie Awards

Industry event recognizes achievement in film editing

Pinnacle Studio Ultimate 11 Named PC Magazine's Editors' Choice For Consumer Video Editing Software

Praised for Stability, Ease of Use, Full HD Workflow and New Breakout Features MOUNTAIN VIEW, Calif., April 8, 2008 – Pinnacle Systems, Inc., the consumer division of Avid Technology Inc. (Nasdaq: AVID), announced today that Pinnacle Studio™ 11 Ultimate is the recipient of PC Magazine's prestigious Editors’ Choice Award for consumer video editing software. This brings the number of consumer and retail awards received by the Pinnacle Studio product line to 36 since its May 2007 release. Jan Ozer, PC Magazine’s reviewer, praised Pinnacle Studio Ultimate 11 for its stability, noting, “I can say without question that it’s the most stable version I’ve ever seen, and, in that respect, comparable with if not better than other video editors I’ve tested.”

Avid Technology Posts 2007 Annual Report to Stockholders on the Company's Website

TEWKSBURY, Mass., April 7, 2008 – Avid Technology, Inc. (Nasdaq: AVID) today announced the availability of its 2007 Annual Report to Stockholders, including audited financial statements for the company’s 2007 fiscal year, on its website, www.avid.com. Stockholders of the company may also receive a hard copy of the 2007 Annual Report free of charge upon request by following the instructions on the website. Avid filed its 2007 Annual Report on Form 10-K with the Securities and Exchange Commission on February 29, 2008.

New Pinnacle PCTV HD Sticks Deliver HDTV on a PC

Sleek, Ultra-mobile USB Sticks Add Support for Digital Cable TV MOUNTAIN VIEW, Calif., April 3, 2008 – Pinnacle Systems, Inc., the consumer division of Avid Technology Inc. (Nasdaq: AVID) , announced today the next generation of its Pinnacle PCTV™ HD Stick, and Pinnacle PCTV™ HD Pro Stick—the number one selling TV tuner for PCs in the U.S. retail market in 2007, according to NPD. In addition to delivering free digital HD and SD TV over-the-air (ATSC), these new Pinnacle PCTV HD and HD Pro Sticks now support unencrypted digital cable (ClearQAM) channels and include a next-generation tuner/demodulator with more sensitive reception of both analog and digital TV signals and, in the case of the PCTV HD Pro Stick, even FM radio.

Avid Unveils "New Thinking" for 2008

First phase of multi-tiered campaign includes simplification of product line, new software pricing, updated support services and new online community resources TEWKSBURY, Mass., March 17, 2008 – Avid Technology, Inc. (Nasdaq: AVID) today announced that its Video division has unveiled “New Thinking” – a customer-focused campaign designed to improve the way the company connects with all of its users and prospects. Shaped by extensive customer feedback, New Thinking underscores the company’s more than 20-year commitment of empowering film and video professionals with tools that enable them to work more efficiently, productively and creatively. The new campaign revolves around four main objectives: increasing the value of Avid’s products, workflows, and services; advancing technical and customer support programs; investing in the community of media professionals; and fostering an open, two-way dialogue with customers.

Avid Enhances Online Customer Support Capabilities

Redesigned Web tool offers 24x7 support, via robust database of user-ranked content TEWKSBURY, Mass., March 17, 2008 – Avid Technology, Inc. (Nasdaq: AVID) today announced significant enhancements to Avid’s online customer support user-interface (http://support.avid.com) – a popular support destination for the company’s professional film and video customers. The redesigned Web tool dramatically improves the types of technical resources and information available to Avid® support customers, allowing users to seek more accurate and personalized answers to important product and service queries, 24/7. Prior to launching the new site, Avid technical experts reviewed and updated more than 10,000 pieces of content with the goal of making it easier for customers to search for relevant information and effectively resolve technical issues.

M-Audio Announces ProKeys Sono 61 and ProKeys Sono 88

Portable digital pianos with built-in audio interfaces provide versatile songwriting and performing solutions LOS ANGELES, March 12, 2008 — M-Audio, a leading provider of creative tools for musicians and a part of Avid Technology, Inc. (Nasdaq: AVID), announced today the ProKeys Sono 61 and ProKeys Sono 88 portable digital pianos. Designed to help keyboard players and songwriters to bridge the gap between writing, recording and performing, each ProKeys Sono portable digital piano delivers premium on-board sounds, exceptional semi-weighted action and a built-in audio interface. The ProKeys Sono 61- and 88-note models follow the release of the 49-note KeyStudio™ 49i (soon to be renamed ProKeys Sono 49), creating a complete line of all-in-one solutions.

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