GlobeNewswire Inc | Oct 19, 2021 09:10AM EDT

October 19, 2021

BURLINGTON, Mass., Oct. 19, 2021 (GLOBE NEWSWIRE) -- Avid (Nasdaq: AVID) today announced the interoperability of Sony and TVU Networks IP-connected devices with MediaCentral | Stream to dramatically expand the pool of journalists, producers and other production resources who can contribute live streams from anywhere for news and remote live production workflows. MediaCentral | Stream is a rapidly deployed, software-only solution that immediately opensthe MediaCentral platform to contributions over IP from sources anywhere using any device.

With MediaCentral | Stream, production teams can easily ingest multiple incoming IP streams in on-premises and cloud-based scenarios without changes or interruptions to their existing workflows. Users can preview incoming IP streams, record them inproduction-ready formats,or edit an incoming stream simultaneous with its recording to createstories for digital distribution and linear broadcast. With end-to-end encryption and authentication processes, teams achieve simple, secure and reliable contribution from any camera, encoder andmobile device running Secure Reliable Transport (SRT) or Real-Time Messaging Protocol (RTMP), including products from Sony and TVU Networks in addition to those from Haivision, Teradek, LiveU, and other third-parties.

News and other live TV production teams can escalate volume and speed with reliable, secure IP content ingest from any device, anywhere, at any time throughMediaCentral l Stream, said Raul Alba, Director of Solutions Marketing, Media and Cloud at Avid. Avids customers continue to rely on Sony and TVU in the field and its crucial to boost productions with our seamless interoperability. Were taking an open approach based on common protocols with a strategy to add more in the future, so customers can bring more content contributors into their live productions.

We're proud to play a key role in helping the industrys most creative production teams simplify the many complex processes involved in remote IP contributions, said Martin Lindsay, Product Manager at Sony. "With Sony's network connected camcorders, RTMP streams can deliver content quickly and securely into the Avid MediaCentral | Stream environment.

With Covid-19 still pervasive, well surely be seeing more crews having to lend their talents remotely, said Paul Shen, CEO at TVU Networks. We believe that a data-driven media supply chain is what broadcasters need to be able to serve their audiences on all platforms. This integration allows TVU and Avid to not only reliably deliver raw material in real-time, but to deliver it with the metadata needed to really reinvent workflows for our clients.

MediaCentral | Stream is available with a MediaCentral subscription. For more information, please visit MediaCentral | Stream on Avid.com. Join Avids October 21 webinar MediaCentral | Stream: Working with Third-Party Devices and hear also from Sony, TVU Networks, Teradek and Matrox.

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, Media Composer | First, Media Composer | Ultimate, 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 ContactsAvidDave Smithdavid.smith@avid.com978.502.9607

Red Lorry Yellow Lorry (Avids PR agency)avid@rlyl.com