GlobeNewswire Inc | Mar 8, 2021 09:00AM EST

March 08, 2021

BURLINGTON, Mass., March 08, 2021 (GLOBE NEWSWIRE) -- Video content creation teams in film, video and broadcast post now have the power to rapidly turn on secure virtual post production environments in the cloud with thepublic release ofthe newAvid|Edit On Demandsubscription servicefromAvid(Nasdaq: AVID). Shaped by successful production deployments during theEarly Access Program with more than 60 production companies, post houses and broadcasters participating, Edit On Demand putsAvid Media Composer editing software andAvid NEXIS cloud storage into the hands of teams to collaborate from anywhere.

Avid | Edit On Demand delivers an optimized user experience that is virtually indistinguishable from on-premises editing. Post production teams can now spin up virtualized Media Composer systems with Avid NEXIS cloud workspaces in a matter of hours not days, access their workflows from anywhere, and shut them down quickly when projects are complete. Avid customers simply log on to their my.avid.com account to configure an Edit On Demand subscription that meets their unique needs and start working on the same day. Editors can use their laptop (Windows or Mac) or mobile device to connect to a fully configured, virtualized Media Composer system and an Avid NEXIS workspace in the cloud.

The operational disruption caused by the pandemic during the past year has accelerated interest in new ways of working, including cloud-based workflows. Whats so exciting about Edit On Demand is that it delivers the editing experience and workflow our customers have come to expect on premises, even though its hosted entirely in the cloud, said Tim Claman, SVP & GM of Video, Post & Storage Solutions, Avid. We partnered closely with our customers during the development of Edit On Demand to ensure that its quick and easy to configure and spin up, upload your sources, and enjoy Avids proven collaborative editing workflow from anywhere in the world all in a matter of hours.

Edit On Demand had the responsiveness, power and flexibility to allow our teams to edit from any location, said Ken Burnett, Principal Technologist at Gorilla TV. It worked so well our teams didnt even know the Avid NEXIS storage was in the cloud. They thought they were remote accessing into our systems on premises.

Chris Bov, Senior Editor of PBS Documentaries said, As far as theAvid Edit On Demandinterface goes, its almost identical to working on premises. Users can barely see the difference between their local Media Composer client or one running virtually. Its that good.

Available as a straightforward subscription without overage fees or hidden costs, Avid | Edit On Demand can be configured to meet the specific needs of each production. Customers can start with a small configuration, and then scale up to dozens of editing seats and hundreds of terabytes of storage. Each Edit On Demand subscriptionincludes everything teams need to virtualize their workflows from end to end, including Teradicis PCoIP secureremotedesktop solution, Cloud Access Software;FileCatalyst forfast andreliable transfers of largemediafiles; and Avid Media Composer editing seats and Avid NEXIS Cloud storage hostedsecurely on Microsoft Azure, Avids strategic cloud choice.

For more details on Avid Edit On Demand features and subscriptions, please visit https://www.avid.com/products/avid-edit-on-demand.

About AvidAvid delivers the most open and efficient media platform, connecting content creation with collaboration, asset protection, distribution, and consumption. Avids preeminent customer community uses Avids comprehensive tools and workflow solutions to create, distribute and monetize the most watched, loved and listened to media in the worldfrom prestigious and award-winning feature films to popular television shows, news programs and televised sporting events, and celebrated music recordings and live concerts. With the most flexible deployment and pricing options, Avids industry-leading solutions include Media Composer, Pro Tools, Avid NEXIS, MediaCentral, iNEWS, AirSpeed, Sibelius, Avid VENUE, FastServe, and Maestro. For more information about Avid solutions and services, visitwww.avid.com, connect with Avid onFacebook,Instagram, Twitter,YouTube,LinkedIn, or subscribe toAvid Blogs.

2021 Avid Technology, Inc. All rights reserved. Avid, the Avid logo, Avid NEXIS, FastServe, AirSpeed, iNEWS, Maestro, MediaCentral, Media Composer, Pro Tools, Avid VENUE, and Sibelius are trademarks or registered trademarks of Avid Technology, Inc. or its subsidiaries in the United States and/or other countries. All other trademarks are the property of their respective owners. Product features, specifications, system requirements and availability are subject to change without notice.

PR Contacts:

AvidDave Smith978.502.9607david.smith@avid.com