Avid announces senior management appointments.TEWKSBURY, Mass.--(BUSINESS WIRE)--Nov. 1, 1995--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) announced today that Jonathan H. Cook has been appointed to the newly created position of vice president of corporate development. He has been succeeded as Avid's chief financial officer by Ned Hazen, who will also continue to serve as the company's vice president and treasurer. -0- 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., headquartered in Tewksbury, Mass., is an international developer and supplier of all-digital solutions for capturing, creating, editing distributing digital media on multiple platforms Refers to two or more operating environments, which typically include the CPU family and operating system. For example, if versions of a program run on Windows and the Macintosh, the software is said to support multiple platforms. . Now joined through mergers with Digidesign, Elastic Reality and Parallax Software Parallax Software was a game developer who created the Descent series. Parallax Software was started by Matt Toschlog and Mike Kulas. After the release of Descent II, the company was split in two to form Volition, Inc. , Avid's product line encompasses industry-leading 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. , special effects and image processing software, as well as networking, server and storage technologies for applications such as television and film post production, broadcast news, desktop video, multimedia and music production. Avid is a registered trademark of Avid Technology, Inc. All other trademarks contained herein are the property of their respective owners. CONTACT: Patrice Burkett, 508/640-3669 Julie O'Brien, 508/640-3071 |
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