Avid to Present at Needham Growth Stock Conference

Tewksbury, Mass, 2008-12-31 TEWKSBURY, MA--(Marketwire - December 31, 2008) - Avid Technology, Inc. (NASDAQ: AVID) today announced that Gary Greenfield, chairman and CEO, and Ken Sexton, executive vice president, CFO and CAO, will present at the 11th Annual Needham Growth Stock Conference on Wednesday, January 7, 2009, from 3:00 - 3:30 p.m. EST at the Palace Hotel in New York City. An on-demand audio webcast of the presentation will be accessible through Avid's website during the conference and for a limited period following the conference. To listen, please visit www.avid.com/company and click on investor relations.

About Avid Technology, Inc.

Avid is a worldwide leader in tools for film, video, audio, 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® 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 www.avid.com, del.icio.us, Flickr, twitter and YouTube; connect with Avid on Facebook or subscribe to Avid Industry Buzz.

© 2008 Avid Technology, Inc. All rights reserved. Avid, Digidesign, Film Composer, M-Audio, Pinnacle Systems, Sibelius 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/NATA. Oscar is a trademark and service mark of the Academy of Motion Pictures Arts and Sciences. Grammy is a trademark of the National Academy of Recording Arts and Sciences, Inc. All other trademarks are the property of their respective owners.