Avid Chooses Sonic's DVDit! SE Software for New Version of Avid Xpress DV Video Editing Solution.Entertainment Editors/Business Editors/High-Tech Writers NOVATO, Calif.--(BUSINESS WIRE)--Nov. 25, 2003 Sonic Solutions Sonic Solutions NASDAQ: SNIC is a digital media company based in Novato, California, USA. It was created in 1986 by former Lucasfilm employees who developed the AudioDroid digital audio editing system as part of the Droidworks project. (Nasdaq:SNIC SNIC Singapore National Institute of Chemistry SNIC Snow and Ice Clearance SNIC Sub-Network Independent Convergence (functions) SNIC Standard Network Interface Card ) announced today that 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:AVID) will bundle Sonic's award-winning DVDit!(R) SE DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. creation software with its new version of Avid(R) Xpress(R) DV software, the latest addition to Avid's extensive line of professional video editing See nonlinear video editing and video editor. solutions. DVDit!, with over 2 million units sold, is the world's most popular DVD authoring DVD authoring describes the process of creating a DVD video that can be played on a DVD player. DVD authoring software must conform to the specifications set by the DVD Forum group in 1995. application used by advanced video users to create titles for events, wedding videos, educational titles, business-to-business communications and more. The combination of DVDit! and the new version of Avid Xpress DV Avid Xpress DV is a popular non-linear video editing application available to professionals on Microsoft Windows and Apple Macintosh computers. See also
"DVD creation is a vital application that allows customers to deliver cutting-edge video production services," said Alan Hoff, director of editors' product management at Avid. "Sonic is recognized for delivering the most capable and proven technologies driving the DVD industry today. The combination of DVDit! with our Avid Xpress DV software provides the perfect blend of power and ease-of-use, enabling customers to be more productive than ever." "We are delighted that Avid has chosen to bundle DVDit! with the new version of Avid Xpress DV," said Rolf Hartley, vice president and general manager of Sonic's Professional Products Group. "Avid delivers the very best in video creation solutions, and DVDit! fits perfectly into the workflow and comprehensive design capabilities found in Avid Xpress DV." The new version of Avid Xpress DV software with DVDit! SE 2.5.5 is available immediately through Avid's authorized reseller and distribution partners, as well as the Avid store (www.avidstore.com), for $695.00 USMSRP. About Sonic DVDit! Combining a simple and straightforward user interface with Sonic's award-winning DVD formatting technology, DVDit! gives video enthusiasts, graphic designers, and videographers the power to create stunning interactive DVD content on their PC. DVDit! is compatible with AVI (Audio Video Interleaved) A Windows multimedia video format from Microsoft. It interleaves standard waveform audio and digital video frames (bitmaps) to provide reduced animation at 15 fps at 160x120x8 resolution. Audio is 11,025Hz, 8-bit samples. and QuickTime video files, so that virtually any video content from DV to D1 can be incorporated into a DVDit! project. With an intuitive interface, building DVD titles is as easy as selecting a menu background and then dragging and dropping an AVI, QuickTime or MPEG (Moving Pictures Experts Group) An ISO/ITU standard for compressing digital video. Pronounced "em-peg," it is the universal standard for digital terrestrial, cable and satellite TV, DVDs and digital video recorders (DVRs). video file. DVDit! automatically builds buttons and interactivity, multiplexes and formats content and records to CD-R (CD-Recordable) A writable CD technology using a type of compact disc that can be recorded, but not erased (CD-Rs are "write once" discs). CD-R discs are used to master CD-ROMs, to back up data and to make copies of data for distribution. or DVD-R (DVD-Recordable) A write-once (read only) DVD disc for both movies and data endorsed by the DVD Forum. DVD-Rs are often called "DVD Dash Rs" or "DVD Minus Rs" to distinguish them from the competing "Plus R" format (see DVD+R). for playback in consumer set-top DVD players or DVD-equipped PCs. About Avid Technology, Inc. Avid Technology, Inc., is the world leader in digital nonlinear media creation, management and distribution solutions, enabling film, video, audio, animation, games, and broadcast news professionals to work more efficiently, productively and creatively. For more information about the company's award-winning products and services, please visit: www.avid.com. About Sonic Solutions (Nasdaq:SNIC) Based in Marin County, Calif., Sonic Solutions (http://www.sonic.com) is the world's leading supplier of DVD creation software for professional, industrial and consumer applications. The majority of major film releases on DVD have been produced on Sonic's professional DVD authoring systems in studios around the world. Sonic's MyDVD(R) and DVDit! are the most widely used DVD creation applications by consumers and video enthusiasts and are the solutions of choice among the key PC and after-market drive suppliers. Sonic's RecordNow!(TM) is a leading solution for audio and data mastering. Sonic's AuthorScript(R), the DVD and CD formatting and burning engine that underlies Sonic's applications, is the most widely deployed DVD software engine and has been licensed by Adobe, Microsoft, Sony, and many others. Forward Looking Statement The above paragraphs of this press release may contain forward looking statements that are based upon current expectations. Actual results could differ materially from those projected in the forward looking statements as a result of various risks and uncertainties including, among others, the timely introduction and acceptance of new products, costs associated with new product introductions, the transition of products to new hardware configurations and platforms and other factors, including those discussed in the Company's annual and quarterly reports on file with the Securities and Exchange Commission. This press release should be read in conjunction with the Company's most recent annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , Form 10-Q Form 10-Q See 10-Q. and Registration Statement on file with the Securities and Exchange Commission, which contain a more detailed discussion of the Company's business including risks and uncertainties that may affect future results. The Company does not undertake to update any forward looking statements. Sonic, the Sonic logo, Backup MyPC, CinePlayer, DVD Producer, Edit-on-DVD, NoNOISE, OpenDVD, Sonic PrimeTime, RecordNow! and Simple Backup are trademarks of Sonic Solutions. AuthorScript, AutoDVD, DVDit!, DVD Fusion, MyDVD, PrePlay, ReelDVD, Scenarist sce·nar·ist n. One who writes screenplays. scenarist the writer of scenarios, story lines for motion pictures. See also: Films Noun 1. , Sonic DVD Creator and Sonic Solutions are registered trademarks of Sonic Solutions. Avid and Avid Xpress are either registered trademarks or trademarks of Avid Technology, Inc. in the U.S. and/or other countries. All other company or product names are trademarks of their respective owners and, in some cases, are used by Sonic under license. Specifications, pricing and delivery schedules are subject to change without notice. |
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