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Avid Systems - The Preferred Editing Tool At Sundance '01; Many Films at Sundance Edited on Avid's Digital Nonlinear Editing System.

Business/Technology Editors and Entertainment Writers

PARK CITY, Utah--(BUSINESS WIRE)--Jan. 18, 2001

At the 2001 Sundance Film Festival, Avid Technology, Inc. (NASDAQ: AVID) announced today that half of the dramatic films in competition were edited on Avid's nonlinear digital editing systems - as well as many other film categories.

Dramatic Films

The following dramatic films in competition were edited on Avid's digital nonlinear systems:

--30 YEARS TO LIFE, directed by Vanessa Middleton

--THE BELIEVER, directed by Henry Bean

--THE BUSINESS OF STRANGERS, directed by Patrick Stettner

--GREEN DRAGON, directed by Timothy Linh Bui

--LIFT, directed by DeMane Davis & Khari Streeter

--MACARTHUR PARK, directed by Billy Wirth --

--MEMENTO, directed by Christopher Nolan

--SCOTLAND, PA, directed by Billy Morrissette

Avid has not only been attending the Sundance Film Festival since 1994, but supports additional related events during the year. Avid provides a number of editing systems and personnel to the Sundance Institute and its participants for special annual filmmaking activities such as the Producer's Conference weekend.

For the 2001 Sundance Film Festival, Avid will showcase several products - Avid's multi-platform Media Composer(R) and Film Composer(R) systems and Avid's aggressively priced Avid Xpress(R) DV software on a laptop (a DV-native nonlinear editing system used as an editing and content publishing solution). In addition, Avid will demonstrate the Avid Symphony(TM) system for mastering to multiple formats (NTSC, PAL, 16x9) or upconversion to HD, and finally products for digital audio editing, processing and mixing via its cost-effective Digidesign(R) Pro Tools(R) line. Avid will also continue to show proven workflows that provide filmmakers with options for editing and finishing in a variety of formats - from standard definition and digital projection at high definition to emerging film and multimedia standards.

Other films at the Festival using Avid systems in Post-Production

--HEY, HAPPY! (Canada), directed by Noam Gonick

--MUTANT ALIENS, directed by Bill Plympton

--BEAUTIFUL CREATURES (U.K.), directed by Bill Eagles

--BLEEP BROTHERS (Japan), directed by Yoshiyasu Fujita

--LIVING BLOOD (Italy), directed by Edoardo Winspeare

--PRINCESA (Italy/Germany/Brazil), directed by Henrique Goldman

--TE AMO (MADE IN CHILE) (Chile), directed by Sergio Castilla

--AND NOW HAPPINESS, directed by Tung Wang Wu

--BABY directed by Bridget Bedard

--THE BIG HOUSE (Australia), directed by Rachel Ward

--DONUTS FOR BREAKFAST (New Zealand), directed by Felicity

Morgan-Rhino

--ELLIE PARKER, directed by Scott Coffey

--FOOTBALL (U.K.), directed by Gaby Dellal

-- 4 p.m. (U.K.), directed by Samantha Bakhurst and Lea Morement

--HELICOPTER, directed by Ari Gold

--IN SEARCH OF MIKE (Australia), directed by Andrew Lancaster

--MOTORCYCLE (Thailand), directed by Aditya Assarat

--SHADOWSCAN (U.K.), directed by Tinge Krishnan

--STORY TELLING, directed by Guillaume Malandrin & Stephane

Malandrin

--MIGUEL, directed by Henry Lu

--OFFSIDE, directed by Leanna Creel

--SHOOT, directed by Tiffany Mclinn Lore

--THIS IS FOR YOU SPIKE/THE 99ERS, directed by Ed Haas & Phil

Curry

About Avid Technology

Avid Technology, Inc. delivers the solutions that Make, Manage and Move Media(TM). As the recognized digital standard for professionals who Make the world's media -- from video, audio and film to animation, special effects and streaming media -- 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 manufacturer in the world. Now, building on its Oscar(R) and Emmy(R) award-winning heritage in creating content, 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 the company is available at www.avid.com.

(c)2001 Avid Technology, Inc. All rights reserved. Product specifications are subject to change without notice. Avid, Avid Xpress, Digidesign, Film Composer, Media Composer and Pro Tools are registered trademarks and Make, Manage and Move Media and Symphony are trademarks of Avid Technology, Inc. Oscar is a registered 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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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 18, 2001
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