Latest News 
Avid
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Jan 5, 2009 10:05:56 PM
TEWKSBURY, MA--(Marketwire - December 31, 2008) - Avid Technology, Inc. (NASDAQ: AVID) today announced that Gary Greenfield, chairman and CEO, and Ken Sexton, executive vice president, CFO and CAO, will present at the 11th Annual Needham Growth Stock Conference on Wednesday, January 7, 2009, from 3:00 - 3:30 p.m. EST at the Palace Hotel in New York City. An on-demand audio webcast of the presentation will be accessible through Avid's website during the conference and for a limited period following the conference. To listen, please visit www.avid.com/company and click on "investor relations." Relative News
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Jan 3, 2009 5:16:41 AM
Digidesign announces the immediate availability of Pro Tools 8 software, the company’s highly-anticipated, next-generation music creation and audio production software. Relative News
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Jan 3, 2009 5:16:41 AM
Avid Technology, Inc. unveils Avid Active ContentManager 3.0, a solution for broadcasters looking to simplify multi-channel news workflows and create more revenue opportunities by broadening the delivery of content to the Web, wireless devices and other IP-based distribution points. Relative News
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Jan 3, 2009 5:16:41 AM
Avid today unveiled PostDeko for Editors, a new AVX2 plug-in that delivers a full Deko motion graphics creation environment within Avid Media Composer, NewsCutter and Symphony software. Relative News
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Jan 3, 2009 5:16:41 AM
Digidesign announces the winners of Remixing Pro Tools: The Crystal Method contest, which marked the release of the new groove creation virtual instrument Transfuser for Pro Tools|HD, Pro Tools LE and Pro Tools M-Powered systems Relative News
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Jan 3, 2009 5:16:41 AM
Setting a new standard for real-time HD collaboration, client scalability and the highest-availability for media organizations operating in mission critical environments, Avid today unveiled Avid Unity ISIS 2.0. Relative News
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Jan 3, 2009 5:16:41 AM
M-Audio announces the Luna II professional cardioid studio condenser microphone which brings new features to the critically acclaimed Luna microphone, and enables users to capture a broader array of sound sources with greater detail and clarity Relative News
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Jan 3, 2009 5:16:41 AM
Industry’s #1 Consumer Video Editing Software¹ Is Even Easier With More Format Support, More Content, More Creative Options MOUNTAIN VIEW, Calif., October 30, 2008 — Pinnacle Systems, Inc., a part of Avid Technology Inc. (Nasdaq: AVID), announced today the 12.1 release update and new Pinnacle Theme Winter Pack content for its market-leading Pinnacle Studio™ consumer video editing software. The 12.1 update expands the format support for the Pinnacle Studio™ version 12 family of products. The new Pinnacle Theme Winter Pack offers more than 80 additional winter-themed titles, DVD menus, and Pinnacle Montage™ templates. A U.S. $79.99 value, the Theme Winter Pack is included in special Pinnacle Studio Plus and Ultimate Winter Pack Editions at selected etailers and retailers until December 31, 2008. Existing Pinnacle Studio version 12 users can purchase the Winter Pack for a special upgrade price of U.S. $39.99 from October 30, 2008 to November 6, 2008, directly from the Pinnacle... Relative News
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Jan 3, 2009 5:16:41 AM
Tewksbury, Mass. - October 27, 2008 - Avid Technology, Inc. (NASDAQ: AVID) today announced that it has signed a definitive agreement to sell its Pinnacle PCTV product line and related assets to Hauppauge Digital, Inc. (NASDAQ: HAUP). The deal is expected to close before the end of 2008; financial terms were not disclosed. "Millions of media enthusiasts worldwide use our award-winning line of Pinnacle consumer products to create and share digital content," said Gary Greenfield, CEO and chairman of Avid Technology. "As we transform Avid’s business, our strategy in this sector is to increase our focus on software applications that not only meet consumer demand - but also complement our broader portfolio of video and audio solutions. PCTV is a compelling standalone hardware product and a better fit for Hauppauge, a recognized leader in the TV-viewing hardware market." Relative News
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Jan 3, 2009 5:16:41 AM
TEWKSBURY, Mass., October 23, 2008 - Avid Technology, Inc. (Nasdaq: AVID) today reported revenue of $217.1 million for the three-month period ended September 30, 2008, compared to $226.8 million for the same period in 2007. GAAP net loss for the quarter was $66.4 million, or $1.80 per share, compared to GAAP net loss of $5.9 million, or $.14 per share, in the third quarter of 2007. GAAP net loss in the third quarter of 2008 included goodwill and intangible asset impairment charges associated with the 2005 Pinnacle acquisition, amortization, stock-based compensation, restructuring charges and related tax adjustments totaling $62.0 million. Excluding these items, non-GAAP loss per share was $.12. For the third quarter of 2007, GAAP net loss included $21.0 million of amortization, stock-based compensation, restructuring charges, other costs and related tax adjustments. Excluding these items, non-GAAP earnings per diluted share were $.37 in the third quarter of 2007. Relative News
