Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Avid Technology -- Ignore unavailable to you. Want to Upgrade?

To: BMcV who wrote (558)	10/1/1998 7:46:00 AM
From: BMcV	Read Replies (1) \| Respond to of 777

In case anybody missed it, AVID has started selling Symphony, their product for UNCOMPRESSED images. Apparently the old products worked only for compressed images that raised quality concerns about the finished product that kept some production houses from using non film-based editing. Shipments due to start in November. biz.yahoo.com Tuesday September 29, 2:29 pm Eastern Time Avid Takes First U.S. Order For Symphony Post Modern Editorial First To Order Avid's New Uncompressed Digital Nonlinear Finishing System-- TEWKSBURY, Mass.--(BUSINESS WIRE)--Sept. 29, 1998-- Avid Technology, Inc. (NASDAQ:AVID - news) announced today that Atlanta-based Post Modern Editorial is the first facility in the U.S. to place an order for the new Symphony system to expand its business opportunities. Avid Symphony is a brand new product, designed for digital nonlinear finishing of high-end television programming such as sitcoms, episodics and movies of the week which traditionally have been finished on linear tape-based equipment. Post Modern Editorial placed its order on September 11, the day Avid began taking orders for the new system. Avid currently plans to ship Symphony in early November. ''We saw Avid Symphony at NAB and knew, that's it! It's uncompressed, and it offers total conform of Media Composer(R) projects. That's exactly what we needed to expand our business,'' said Post Modern owner Matthew Gore. ''More and more clients have come to see the benefits of digital online - the flexibility to make changes up to the last minute, the cost and time savings - but there are some who will not accept compressed images. Until now, we had to let those clients walk out the door and into a linear suite. Avid Symphony is a 'no excuses' system. There's no longer any excuse not to finish digitally. We're pleased to be the first aboard with Avid Symphony.'' Post Modern Editorial handles for-broadcast work of all types, including the ''Monstervision'' series, produced by David Yarnell Productions, which airs weekly on Turner Network Television and is finished digitally on Media Composer, and digitally-finished documentaries which air on cable networks, regional and local commercial spots, and corporate work. The facility anticipates taking on more television work as a result of its ability to offer uncompressed digital finishing with Avid Symphony. Avid reseller Digital Solutions plans to implement the Avid Symphony system at Post Modern in early November. When asked if the facility anticipated any issues bringing the Windows NT-based Avid Symphony into its all-Macintosh environment, Post Modern senior editor, Andrew Satinoff, said, ''When you're talking about going from Media Composer to Symphony, you're not talking about Mac to NT. You're talking about going from Avid to Avid. This system fits right into our collaborative environment.'' About Avid Symphony Avid Symphony is a new high-end uncompressed nonlinear system optimized for finishing prime-time television projects. The system features multiple uncompressed real-time streams and an advanced feature set. It offers Total Conform, the fastest, most complete conform of Media Composer projects, a highly collaborative environment through strong links to Avid's family of dedicated audio and effects products and to third-party applications. Because it incorporates the familiar Avid interface, optimized for finishing, Symphony also offers the shortest learning curve and largest trained talent pool in the industry. USMSRP pricing for Avid Symphony is $150,000, including software, the Avid Meridien(tm) video subsystem, CPU and monitors. Avid currently plans to ship Symphony in early November.