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April 13, 2004 at 12:00 AM EDT

New Wave Entertainment Standardizes on 30 Avid Media Composer Adrenaline Systems

New Wave Entertainment Standardizes on 30 Avid Media Composer Adrenaline SystemsTEWKSBURY, Mass.--(BUSINESS WIRE)--April 13, 2004--

One of Hollywood's largest entertainment marketing companies replaces competitive editing products and extends collaborative production environment with Avid Productivity Tools

Avid Technology, Inc. (NASDAQ: AVID) today announced that New Wave Entertainment, one of Hollywood's largest motion picture and television marketing companies, purchased and installed 30 Avid® Media Composer® Adrenaline™ systems running on HP xw8000 workstations, replacing its entire suite of competitive editing solutions. The company also added a suite of Avid Productivity Tools - including MediaManager Select and TransferManager - to its three existing Avid Unity MediaNetwork shared-storage environments, enabling media sharing across every Avid system in the facility, as well as externally via private networks. Using its new Media Composer Adrenaline systems in this collaborative postproduction workflow, New Wave Entertainment will create nationwide campaigns for upcoming feature film and DVD releases, such as Harry Potter and the Prisoner of Azkaban, Terminator 3, and Van Helsing.

"We work in a fast-paced industry and often have to create high-quality, compelling trailers and spots in short periods of time. Our editing systems have to be able to keep up with these rigorous demands, which is why we decided to standardize our facility on Media Composer Adrenaline," said Paul Apel, CEO of New Wave Entertainment. "About a year ago, we felt that we should give Final Cut Pro a try, but we've since realized that our needs far exceed Final Cut's present capabilities. Avid Media Composer Adrenaline delivers the performance required to cut together sequences quickly and the stability we need to keep our operation running smoothly. With our new Avid Productivity Tools, we can now share media across every production group in our facility, as well as with our customers, who can review materials online, quickly and securely. Plus, Avid's responsive customer service, which has improved significantly in recent years, demonstrates that the company clearly understands the needs of the professional market."

New Wave Entertainment has installed 17 of the new Avid Media Composer Adrenaline systems in its Creative Advertising department and the other 13 systems in its Television Production department. The now all-Avid facility also includes four Avid Symphony™ systems in the Online/Finishing department and three Avid Unity MediaNetwork systems connected by Avid Unity TransferManager, enabling media sharing among all three production groups. The addition of Avid Unity MediaManager Select allows New Wave to share projects with producers, directors, and other creative professionals for review and approval over a private network.

"New Wave Entertainment is the second major trailer house to convert to Media Composer Adrenaline in the past few weeks. The Hollywood market is realizing that our Avid DNA™ products offer significantly better price/performance than competitive solutions, as well as a path for even greater performance as computers get faster over time," said Dana Ruzicka, Avid's director of Post Solutions. "Also, Media Composer Adrenaline easily integrates into existing postproduction workflows because it is compatible with ABVB and Meridien™-based systems and works seamlessly in collaborative editing environments with Avid Unity. As a result, New Wave was able to smoothly transition to its new systems in less than a week."

New Wave Entertainment is Hollywood's largest full service entertainment marketing and production firm, with clients that include all of the major motion picture studios and television networks. Headquartered in Burbank, CA, the company is a premier supplier of feature film trailers, television spots, and print design, as well as advertising, broadcast design, and DVD menu design.

For more information about the Media Composer Adrenaline system or Avid's other products and services, visit 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 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. Product features, specifications, system requirements, and availability are subject to change without notice. Avid, Avid DNA, Digidesign, Film Composer, Adrenaline, Pro Tools, Media Composer, Meridien, Avid Unity, and Symphony 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. 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.
Alice Eubank, 978-640-3325
alice_eubank@avid.com
or
Weber Shandwick
Laura Shea, 617-520-7015
lshea@webershandwick.com

SOURCE: Avid Technology, Inc.