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Avid Technology Congratulates Oscar Winners; Company Salutes Its Creative Customers Honored At This Year's Academy Awards--.


TEWKSBURY, Mass.--(ENTERTAINMENT WIRE)--March 22, 1999--Avid Technology, 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), winner of the 1999 Scientific and Technical Oscar(R) statuette for the Avid Film Composer(R) digital film editing system, today congratulates all of the 1999 Oscar winners, especially the digital artists, animators Famous animators no longer living

  • Alexandre Alexeieff
  • Tex Avery
  • Arthur Babbit
  • Joseph Barbera
  • Berthold Bartosch
  • Joy Batchelor
  • Amadee J.
, and editors honored last night at the 71st Annual Academy Awards.

Avid is the first company to win an Oscar for digital editing and the first Massachusetts-based company to receive such an accolade. Only 35 Scientific and Technical Oscar statuettes have been awarded previously by the Academy of Motion Picture Arts and Sciences dating back to 1931.

"We congratulate all the Avid users who won Academy Awards last night for their post-production work on these celebrated films," noted Avid Chairman and 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.  Bill Miller, who attended the Academy Awards at the Dorothy Chandler Pavilion The Dorothy Chandler Pavilion is one of the halls in the Los Angeles Music Center (which is one of the three largest performing arts centers in the United States). The Music Center's other halls include the Mark Taper Forum, Ahmanson Theatre, and Walt Disney Concert Hall.  in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . "We're proud of the creative and technical talents of our customers who have taken our technology to new heights as they continue to play a vital role in making great movies for the whole world to enjoy," Miller was featured (via video clip A short video presentation. ) during the Academy Awards telecast on ABC ABC
 in full American Broadcasting Co.

Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928.
, viewed by over one billion people worldwide.

Three of Avid's award-winning computer-based audio, video, and 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.  solutions were used in five films that won Oscars last night. Academy Awards for films using Avid's technology this year include: -0-
--Best Achievement in Visual Effects
  Joel Hynek, Nicholas Brooks, Stuart Robertson and Kevin Mack,
  What Dreams May Come (SOFTIMAGE|3D animation and special effects
  software)

--Best Foreign Film (Italy)
  Life Is Beautiful (Edited on Avid Film Composer)

--Best Achievement in Animated Short Films
  Bunny (SOFTIMAGE|3D)
  Chris Wedge, VP of Creative Development, Blue Sky/VIFX

--Best Achievement in music (original song) "When You Believe" from
  The Prince of Egypt (Digidesign Pro Tools audio editing and mixing
  software)
  Music and Lyrics by Stephen Schwartz

--Best Achievement in Sound
  Saving Private Ryan (Digidesign Pro Tools)
  Gary Rydstrom, Gary Summers, Andy Nelson and Ronald Judkins

--Best Achievement in Sound Effects Editing
  Saving Private Ryan (Digidesign Pro Tools)
  Gary Rydstrom and Richard Hymns


-0-

Avid awarded Oscar statuette at Sci-Tech Awards

Avid was honored at the Scientific and Technical Academy Awards(R) on February 27, 1999 at the Regent Beverly Wilshire Hotel in Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. , CA when the company received an Oscar statuette for the concept, system design and engineering of the Avid Film Composer for motion picture editing. Scientific and Technical Awards are given for devices, methods, formulas, discoveries or inventions of special and outstanding value to the arts and sciences of motion pictures and that also have a proven history of use in the motion picture industry.

Headquartered in Tewksbury, MA, 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. is an international, industry-leading provider of digital audio and video tools for information and entertainment applications. The company's products are used by a variety of customers worldwide including film, television and interactive content producers, TV news broadcasters, corporate communicators, and consumers. For more information, visit Avid's Web site at www.avid.com

Avid, Softimage, Digidesign and Film Composer are registered trademarks and Pro Tools is a trademark of Avid Technology, Inc. or its subsidiaries or divisions. All other trademarks contained herein are the property of their respective owners.

(c) 1999, Avid Technology, Inc. All rights reserved.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 22, 1999
Words:548
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