Avid Technology Posts 2007 Annual Report to Stockholders on the Company's Website


Tewksbury, Mass, 2008-04-07

Avid Technology Posts 2007 Annual Report to Stockholders on the Company's Website

Tewksbury, Mass.,  April 7, 2008 – Avid Technology, Inc. (Nasdaq: AVID) today announced the availability of its 2007 Annual Report to Stockholders, including audited financial statements for the company's 2007 fiscal year, on its website, http://www.avid.com/. Stockholders of the company may also receive a hard copy of the 2007 Annual Report free of charge upon request by following the instructions on the website. Avid filed its 2007 Annual Report on Form 10-K with the Securities and Exchange Commission on February 29, 2008.

About Avid Technology, Inc.

Avid is a worldwide leader in tools for film, video, audio, 3D animation, gaming and broadcast professionals – as well as for home audio and video enthusiasts. Avid professional and consumer brands include Avid, Digidesign®, M-Audio®, Pinnacle Systems®, Sibelius®, Softimage® and Sundance Digital®. The vast majority of primetime television shows, feature films, commercials and chart-topping music hits are made using one or more Avid products. Whether used by seasoned professionals or beginning students, Avid's products and services enable customers to work more efficiently, productively and creatively. 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. For more information about the company's Oscar, Grammy® and Emmy® award-winning products and services, visit http://www.avid.com/.

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© 2008 Avid Technology, Inc. All rights reserved. Avid, Digidesign, M-Audio, Pinnacle Systems, Sibelius, Softimage and Sundance Digital are trademarks or registered trademarks of Avid Technology, Inc. or its subsidiaries in the United States and/or other countries. Emmy is a registered trademark of ATAS/NATAS. Oscar is a trademark and service mark of the Academy of Motion Picture Arts and Sciences. 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.