Avid Announces Conference Call Following Release of Second Quarter 2006 ResultsTEWKSBURY, Mass.--(BUSINESS WIRE)--July 11, 2006--Avid Technology, Inc. (NASDAQ: AVID) will hold a conference call to review its financial results for the second quarter ended June 30, 2006, on Thursday, July 20, 2006, at 5:00 p.m. EDT, following the dissemination of its press release on those results.

   The dial-in number is:           913.981.5509

   The replay number is:            719.457.0820
                                   (available July 20 - July 27, 2006)

   The confirmation code
   and replay passcode are:         9034125

The call will also be available via live audio Webcast and subsequent replay on the company's Web site. To listen via this alternative, go to the Investor Relations page under the About Us menu at www.avid.com.

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 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.

^© 2006 Avid Technology, Inc. All rights reserved. Avid, Digidesign, Film Composer, and Pro Tools are either registered trademarks or trademarks of Avid Technology, Inc. or its subsidiaries 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. Digidesign, Avid's audio division, received an Oscar statuette representing the 2003 Scientific and Technical Award for the design, development, and implementation of its Pro Tools^® digital audio workstation. Oscar is a 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 and Sciences, Inc. All other trademarks contained herein are the property of their respective owners.

    CONTACT: Avid Technology, Inc.
             Dean Ridlon, 978-640-5309
             Investor Relations Director
             Email: Investor_Relations@avid.com

    SOURCE: Avid Technology, Inc.