Avid Technology, Inc.
Oct 10, 2014

Avid Introduces New Pro Tools Licensing, Providing Customers Access to Future Cloud Features and Software Upgrades Through March 2016

Added Value for Pro Tools | Software and Pro Tools | HD Software Enables Pro Tools Customers to Get on the Avid MediaCentral Platform Now, and Stay Current Into the Future

LOS ANGELES, Oct. 10, 2014 (GLOBE NEWSWIRE) -- AES (Booth #1201) -- Avid® (OTC:AVID) today announced added value for Pro Tools® | Software and Pro Tools | HD Software by including upcoming features - such as future cloud collaboration capabilities, as well as a standard Avid Support plan - with new purchases, upgrades, and crossgrades for one full year. Customers who buy or upgrade to Pro Tools 11 by December 20, 2014 receive extended coverage through March 2016. Building on the software deployment flexibility of Avid Everywhere with this new licensing, Avid is making it easy for Pro Tools customers to get on the Avid MediaCentral Platform and stay current into the future.

"Pro Tools is the most frequently used and highly trusted digital audio workstation in the industry because of its unrivaled sound quality, power, and versatility for music and audio post production," said Chris Gahagan, senior vice president of Products and Technology at Avid. "And now we're making it easier for all customers to elevate their music and audio production immediately—and then take it to a higher level as cloud collaboration and other new features become available later."

These new Pro Tools 11 offerings enable customers to:

For more information on the upcoming Pro Tools cloud collaboration capabilities and Avid Marketplace features, watch this video.

Avid Support for Pro Tools benefits include:

Pricing and Availability

Starting November 2014:

Owners of Pro Tools 9, Pro Tools 10, or any version of Pro Tools Express, Pro Tools LE, or Pro Tools M-Powered can upgrade or crossgrade to Pro Tools 11* for just $199 and receive standard Avid Support through March 31, 2016.** 

Owners of Pro Tools | HD 9 or Pro Tools | HD 10, or Pro Tools 9 or 10 with the Complete Production Toolkit, can upgrade to Pro Tools | HD 11^ for only $599 and receive standard Avid Support through March 31, 2016.** 

New customers can purchase version 11 of Pro Tools | Software with Standard Support for $899 and receive standard Avid Support through March 31, 2016.**

* An iLok 2 USB key (not included) is required to use Pro Tools 11 software.

** Customers must upgrade to or purchase Pro Tools 11 by December 20, 2014 and activate their software by December 31, 2014 to be eligible to get extended support through March 31, 2016.

^ Pro Tools | HD 11 works with Pro Tools | HDX and Pro Tools | HD Native systems only. An iLok 2 USB key (not included) is required to use the software.

About Avid

Through Avid Everywhere, Avid delivers the industry's most open, innovative and comprehensive media platform connecting content creation with collaboration, asset protection, distribution and consumption for the most listened to, most watched and most loved media in the world—from the most prestigious and award-winning feature films, music recordings, and television shows, to live concerts and news broadcasts. Industry leading solutions include Pro Tools®, Media Composer®, ISIS®, Interplay®, and Sibelius®. For more information about Avid solutions and services, visit www.avid.com, connect with Avid on FacebookTwitterYouTubeLinkedInGoogle+; or subscribe to Avid Blogs.

© 2014 Avid Technology, Inc. All rights reserved. Avid, the Avid logo, Interplay, ISIS, Media Composer, Pro Tools, and Sibelius are trademarks or registered trademarks of Avid Technology, Inc. or its subsidiaries in the United States and/or other countries. The Interplay name is used with the permission of the Interplay Entertainment Corp. which bears no responsibility for Avid products. All other trademarks are the property of their respective owners.

CONTACT: PR Contact:

         Avid

         Sara Griggs

         sara.griggs@avid.com

         310-907-6909

Avid Technology, Inc. logo

Source: Avid Technology, Inc.

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