AVID INTRODUCES CAMCUTTER - THE FIRST IN-CAMERA DISK-BASED RECORDING AND EDITING SYSTEM FOR NEWS.LAS VEGAS--(BUSINESS WIRE)--April 10, 1995--NAB BOOTH #18463 -- 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) today introduced CamCutter(tm), the full-motion field recorder for capturing, viewing and editing material on disk anytime, anywhere. Combining Avid's leading disk-based recording and editing technology and the high-quality imaging electronics of Ikegami Tsushinki Co., Ltd., CamCutter completely eliminates videotape from the news gathering process. The system's breakthrough technology enables broadcasters to work in the disk-based, digital domain from "lens to transmitter" - for unparalleled speed, flexibility and quality throughout the entire news production process. CamCutter is showcasing at this year's National Association of Broadcasters (NAB) Conference. "More than just replacement technology, CamCutter is a major step forward for the industry and one that will profoundly impact the way broadcasters gather, store and access information," stated Curt Rawley, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president of Avid. "Broadcasters are rapidly moving to digital nonlinear systems Noun 1. nonlinear system - a system whose performance cannot be described by equations of the first degree system, scheme - a group of independent but interrelated elements comprising a unified whole; "a vast system of production and distribution and consumption because disk-based technology offers a faster, smarter way to work. Until now, the only disk-based speed restraint was the time needed to convert tape-based video into a computer-based format. With the advent of CamCutter, footage is captured instantly to disk so nonlinear editing See nonlinear video editing. and playback can occur directly within CamCutter, on the spot." Said Mitsuru Kumagai, senior executive director of Ikegami, "Avid and Ikegami have integrated the recording and editing activities that were once separate into a rugged, portable field system that will change the very nature of news production. CamCutter recorders offer the familiar look, feel and quality associated with Ikegami cameras, but with all the advantages of Avid's advanced random-access nonlinear A system in which the output is not a uniform relationship to the input. nonlinear - (Scientific computation) A property of a system whose output is not proportional to its input. technology. With the ability to actually work in a nonlinear fashion, whether shooting then editing or editing then shooting, reporters and videographers will have the tools to quickly respond to any late breaking story, on location." Introducing the Avid Field System For Tapeless News Production CamCutter is an integral part of a complete system designed specifically for time-sensitive field production. The Avid Field System - including the CamCutter recorder, FieldPak(tm) removable hard disk (storage) removable hard disk - A type of magnetic disk, or possibly magneto-optical disk which is not permanently attached to the disk drive (not a fixed disk) but which can be taken out and replaced, allowing many disks to be used in the same drive. and MediaDock(tm) docking station (1) A cradle for a portable device that serves to charge the unit and connect it to other sources or destinations. For example, an iPod docking station charges the iPod and connects it to a computer, speakers or TV set. - is the only in-camera tapeless recording and editing technology that allows broadcasters to record directly to disk at the front-end for faster production and turnaround of stories. CamCutter: CamCutter features an intuitive interface for fast, on location editing and organization of material. The system can shoot, organize, edit and automatically play back completed stories or short clips to the studio for rebroadcast directly to air. CamCutter is available as a dockable or single-piece unit. Other CamCutter features include: o RetroLoop(tm) for constant recording in a predefined loop of time. o Intelligent Record Management to prevent accidental recording over material. o SMPTE/EBU timecode for frame-accurate navigation and control. o Separate record control of video and four tracks of DAT (1) (Dynamic Address Translator) A hardware circuit that converts a virtual memory address into a real address. See also DAT file. (2) (Digital Audio Tape) A magnetic tape technology used for backing up data. audio. o Automatic clip numbering for fast, nonlinear access to any clip at any time. o Open Media Framework(tm) (OMF OMF - Object Management Facility. Part of the DAA proposed by Hewlett-Packard and Sun. ) Interchange files for open, easy exchange with other Avid editing and playback products and other OMF-compatible applications and platforms. FieldPak: CamCutter's removable 2.4 gigabyte hard disk. Shock-proof and weatherproof, FieldPak stores up to 20 minutes of broadcast-quality images. MediaDock: The gateway to instant nonlinear production and playback using Avid's NewsCutter and AirPlay air·play n. The broadcasting of an audio or audiovisual recording on the air over radio or television. airplay Noun the broadcast performances of a record on radio systems, MediaDock provides instant access to footage. The unit can connect up to three FieldPaks, be stacked with other MediaDocks or combined with other Avid storage systems for a customized configuration. MediaDock can also transfer media immediately to Avid's MediaServer so multiple editors can share information and begin simultaneously cutting stories. CamCutter represents the final component in Avid's fully-integrated disk-based news production system which includes the NewsCutter editing, AirPlay playback and Media Recorder(tm) feed capture systems, AvidNet/ATM networking and Avid's UNIX-based MediaServer. Together, these products allow broadcasters to go from recording through editing to on-air playback without ever using tape. With every media element kept in the digital, nonlinear domain, broadcasters can record, edit and air media hundreds of times with zero generation loss. CamCutter, FieldPak and MediaDock are currently expected to begin shipping during the second half of 1995 and will initially be sold through a network of existing Ikegami sales offices around the world. CamCutter will be available as either a single-piece camera/recorder unit or as a dockable system for existing Ikegami cameras. The dockable CamCutter will sell for a suggested retail price of $19,000 and will retrofit ret·ro·fit v. ret·ro·fit·ted or ret·ro·fit, ret·ro·fit·ting, ret·ro·fits v.tr. 1. To provide (a jet, automobile, computer, or factory, for example) with parts, devices, or equipment not in to the entire line of the Unicam camera family, the HL series. For the single-piece CamCutter unit, complete with camera, prices will vary from $38,000 to $60,000 depending upon DNS (Domain Name System) A system for converting host names and domain names into IP addresses on the Internet or on local networks that use the TCP/IP protocol. For example, when a Web site address is given to the DNS either by typing a URL in a browser or behind the camera models, configurations and accessories. MediaDock will sell for approximately $4,900. FieldPak will sell for a suggested price of $2,500. -0- Avid Technology, Inc., (NASDAQ:AVID) 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 developer and 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 and networking technologies for applications ranging from desktop video and post production to broadcast news. Avid's products are sold through direct sales offices and a network of distributors and resellers around the world. Ikegami Tsushinki Co., Ltd., headquarterd in Tokyo, Japan is renowned for its industry-leading professional TV cameras, video monitors and microwave links A microwave link is a transmission device which allows video / audio / data to be sent using radio waves between two locations from just a few feet to several miles apart. It is commonly used by television broadcasters to transmit a programme across the country. for remote operation and digital video compression Encoding digital video to take up less storage space and transmission bandwidth. See video codec and data compression. video compression - Compression of sequences of images. systems for broadcast, manufacturing, medical, security and surveillance applications. High standards in quality, reliability and superior performance have been the hallmark of Ikegami products. Avid, NewsCutter, AirPlay, OMF and Media Composer are registered trademarks and CamCutter, FieldPak, MediaDock, MediaServer, Open Media Framework and RetroLoop are trademarks of Avid Technology, Inc. Unicam is a registered trademark of Ikegami Tsushinki Co., Ltd. All other trademarks contained herein are the property of their respective owners. CONTACT: Avid Technology, Inc. Schwartz Communications, Inc. Julie O'Brien, 508/640-3071 Deirdre O'Connell, 617/431-0770 Donna Danis, 508/640-3131 Pam Hamilton, 617/431-0770 |
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