AVID ANNOUNCES FILING OF COMMON STOCK OFFERING.TEWKSBURY, Mass.--(BUSINESS WIRE)--Sept. 1, 1995-- Avid Technology "Avid" redirects here. For the "Advancement Via Individual Determination" educational program, see AVID. Avid Technology, Inc NASDAQ: AVID is an American company specializing in video and audio production technology; specifically, digital non-linear media editing (NLE) , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AVID) announced today that it has filed a registration statement with the Securities and Exchange Commission for the proposed public offering of two million shares of common stock. All of the shares are being offered by Avid Technology. An additional 300,000 shares may be sold by Avid Technology if the underwriters exercise their over-allotment option. The proposed offering will be underwritten by a group led by Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. & Co. Incorporated, Prudential Securities Incorporated and Volpe Welty & Company. A registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such State. Avid Technology, Inc., headquartered in Tewksbury, Massachusetts Tewksbury (pronounced IPA: /ˈtʊksbɛriː, ˈtʊksbriː/) is a town in Middlesex County, Massachusetts, United States. The population was 28,851 at the 2000 census. , is an international supplier of comprehensive solutions for capturing, creating, editing and distributing digital media. Avid is a pioneering developer of nonlinear film, video and audio editing Audio editing is the process of taking recorded sound and changing it directly on the recording medium (analog) or in RAM (digital). Audio editing was a new technology that developed in the middle part of the 20th century with the advent of magnetic tape recording. software and hardware technologies for applications ranging from desktop video to broadcast news. Integrated with the company's storage and networking solutions, Avid's products are used in post-production facilities; production companies; network, independent and cable television stations; advertising agencies; educational institutions and corporate film and video departments worldwide. Avid's products are sold through direct sales offices and a network of distributors and resellers around the world. -0- Avid is a registered trademark of Avid Technology, Inc. All other trademarks contained herein are the property of their respective owners. CONTACT: Avid Technology Scott Higgins Scott Higgins (born June 9, 1976 in Cairns, Queensland, Australia) is an Australian football (soccer) player who plays as a goalkeeper. His career has seen has seen him play in three different continents, first in his native Australia and then on to Europe and the Middle , 508/640-3563 Julie O'Brien, 508/640-3071 |
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