Avid Announces Immediate Availability of NewsCutter Effects v3.0, NewsCutter XP v3.0 and NewsCutter Mobile v3.0.Business/Technology Editors TEWKSBURY, Mass.--(BUSINESS WIRE)--June 17, 2002 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 announced the worldwide availability of new versions within its NewsCutter(R) family: NewsCutter Effects v3.0, NewsCutter XP v3.0 and NewsCutter Mobile v3.0. With version 3.0, the NewsCutter family now offers Avid Unity(TM) LANshare support, closer linkage with the Avid(R) iNEWS(TM) newsroom computer system, a new HyperClip(TM) feature for creating Web story links to online video, a new codec (1) (enCOder/DECoder) A hardware circuit that performs analog-to-digital conversion (ADC) and digital-to-analog (DAC) conversion. When analog signals are entered into a computer, cellphone or other device via a microphone or video source such as VHS tape or analog TV, that shortens rendering times, and DVCPRO Panasonic's variant of the DV (Digital Video) format, which provides higher quality by increasing tape speed and track width. It uses metal particle tape for added reliability and also adds a cueing track for enhanced editing. PAL 4:1:1 support. "The NewsCutter family has grown to become a newsroom standard, and now stations of all sizes are realizing the benefits of 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. news production," said David Schleifer, director of Avid Broadcast. "Version 3.0 extends the power and flexibility of the NewsCutter line, allowing customers to build and grow high-productivity nonlinear newsrooms at a pace that works for them." Pricing for NewsCutter v3.0 The NewsCutter v3.0 family meets a range of production and budget needs. The three price configurations are: NewsCutter Effects v3.0 starts at $35,000 USMSRP, NewsCutter XP v3.0 starts at $16,000 USMSRP and NewsCutter XP Mobile v3.0 starts at $9,000 USMSRP. The upgrade to version 3.0 for existing users is $500 USMSRP. For additional feature information and product specifications, visit www.avid.com. About Avid Technology, Inc. Avid Technology, Inc. delivers the solutions that Make, Manage and Move Media(TM). As a recognized digital standard for professionals who Make the world's media -- from video, audio and film to animation, special effects special effects, in motion pictures, cinematographic techniques that create illusions in the audience's minds as well as the illusions created using these techniques. and streaming media See streaming audio, streaming video and digital media hub. -- Avid's products are used to make more television and news shows, commercials, music videos and CDs, corporate/industrial productions and major motion pictures combined than any other nonlinear editing See nonlinear video editing. manufacturer in the world. Building on its award-winning heritage, which includes several Emmy(R) awards as well as an Oscar(R) statuette representing the 1998 Scientific and Technical Award for the concept, design and engineering of the Avid Film Composer system for motion picture editing, Avid is extending its reach by redefining how digital media is shared, stored and distributed. To Manage today's increasingly rich collection of dynamic media, Avid provides powerful servers, networks and media tools to help customers search files, share media and collaborate on new productions, both locally and globally. Avid's solutions also empower users to easily Move media, whether on air, over cable or satellite or through the Internet. Like no other media company today, Avid's end-to-end solutions span the continuum of media creation, management and distribution. The company's corporate headquarters are located in Tewksbury, MA. More information about Avid is available at www.avid.com. (c) 2002 Avid Technology, Inc. All rights reserved. Product specifications and availability are subject to change without notice. All prices are USMSRP for the U.S. and Canada only and are subject to change without notice. Contact your local Avid office or reseller for prices outside the U.S. and Canada. Avid, Avid Unity, NewsCutter, HyperClip and Make, Manage and Move Media are either registered trademarks or trademarks of Avid Technology, Inc. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and/or other countries. iNEWS is a trademark of iNews, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . Oscar is a trademark and service mark of the Academy of Motion Picture Arts and Sciences. Emmy is a registered trademark of ATAS/NATAS. All other trademarks contained herein are the property of their respective owners. |
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