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Hollywood Post Alliance Honors Avid With The Charles S. Swartz Award

Avid® ( NASDAQ: AVID) and The Hollywood Post Alliance® (HPA) – the trade association for the post production community – have announced that Avid will receive the 2013 Charles S. Swartz Award for Outstanding Contribution in the Field of Post Production. The HPA will present the honor during the 8th Annual HPA Awards, which takes place on the evening of November 7 th, 2013 at the Skirball Cultural Center in Los Angeles, CA. Louis Hernandez, Jr, President and CEO of Avid, will accept the award on behalf of the company.

Leon Silverman, President of the HPA, commented on the award, “From its founding days to the present, Avid has not only helped to lead our industry’s transition to new, powerful digital creative tools, but has also expanded the creative image and sound post production palette in a way that has fundamentally enabled new creative abilities. Building on their strong heritage of innovation, it is exciting to see Avid’s ongoing dedication to our community.”

Recognized as a leading provider of audio and video technology for media organizations and content creators, Avid’s tools and products are widely used by creative and media professionals around the world to make, distribute and monetize content. Avid led the revolution in non-linear editing over 25 years ago, irrevocably changing the way that creative projects were finished. Unveiling a prototype of their first non-linear editing system – the avid/I – at the 1988 NAB, within just a few years Avid’s category-defining products began to dethrone traditional film editing. Non-linear digital editing came to be the predominant standard, and the company has continually exerted its influence through its extensive R&D, development of IP, and expansion into audio production, broadcast, and live sound. The company’s products have been recognized with numerous industry and technology awards, including two Oscars® a Grammy®, and 14 Emmys®. The company holds over 200 patents.

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