Avid Technology to Present at AeA Classic Financial Conference November 3-4, 2003TEWKSBURY, Mass.--(BUSINESS WIRE)--Oct. 30, 2003--Avid Technology, Inc. (Nasdaq: AVID) today announced that David Krall, president and chief executive officer, and Paul Milbury, vice president and chief financial officer, will present at the American Electronics Association (AeA) Classic Financial Conference at the Sheraton Hotel & Marina in San Diego, California on November 3 and 4, 2003. Krall and Milbury will provide an overview of Avid and the trends influencing the company's business. The presentations will take place throughout the day on Monday, November 3, and the first half of Tuesday, November 4.

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.

^© 2003 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.