Avid Technology, Inc. to Present at Needham Growth ConferenceTEWKSBURY, Mass.--(BUSINESS WIRE)--Jan. 6, 2004--Avid Technology, Inc. (NASDAQ: AVID) today announced that Paul Milbury, vice president and chief financial officer, will present at the Sixth Annual Needham & Company Growth Conference on Thursday, January 8, 2004, from 8:30 a.m. to 9:00 a.m. EST at the New York Palace Hotel in New York City. An on-demand audio webcast of the presentation will be accessible through Avid's web site during the conference and for a limited period following the conference. To listen, please visit www.avid.com/company and click on "Investors."

About Avid Technology, Inc.

Avid Technology, Inc. is the world leader in digital nonlinear media creation, management and distribution solutions, enabling film, video, audio, animation, games, and broadcast news professionals to work more efficiently, productively and creatively. For more information about the company's Oscar^®, Grammy^®, and Emmy^® award-winning products and services, please visit: www.avid.com.

^© 2004 Avid Technology, Inc. All rights reserved. Avid and Film Composer are either registered trademarks or trademarks of Avid Technology, Inc. in the United States and/or other countries. Avid received an Oscar statuette representing the 1998 Scientific and Technical Award for the concept, design and engineering of the Avid^® Film Composer^® system for motion picture editing. Oscar is a registered trademark and service mark of the Academy of Motion Picture Arts and Sciences. Emmy is a registered trademark of ATAS/NATAS. Grammy is a trademark of The National Academy of Recording Arts & Sciences, Inc. All other trademarks contained herein are the property of their respective owners.

CONTACT: Avid Technology, Inc.
Dean Ridlon, 978-640-5309
DEAN_RIDLON@AVID.COM

SOURCE: Avid Technology, Inc.