NetworkNewsBreaks – Avid’s (NASDAQ: AVID) Avid NEXIS™ Selected by Middlesex University; Shares Sink

Company: Avid Technology, Inc. (AVID)
Category: News

Avid® (NASDAQ: AVID) shares are down 18% in mid-day trade. The company this morning said that the Faculty of Arts and Creative Industries at Middlesex University in London has invested in Avid NEXIS™. Powered by the MediaCentral® Platform, Avid NEXIS provides the reliability, performance and scalability that the faculty needs to support the expanding department and prepare graduates for success in the media industries. The university faculty and stake holders have invested in Avid NEXIS | E4 and Avid NEXIS | E2 systems with the addition of a System Director Appliance for the flexibility to support the increasing needs of the media asset management used by students and staff alike. “By investing in Avid NEXIS, Middlesex University can give students practical experience in a media environment that mirrors real-world production facilities to prepare them for success in their future media careers,” Avid president Jeff Rosica stated in the news release.

To view the full press release, visit: http://nnw.fm/6dXGx

About Avid

Through Avid Everywhere™, Avid delivers an open and efficient media platform, connecting content creation with collaboration, asset protection, distribution and consumption. Avid’s preeminent customer community uses Avid’s comprehensive tools and workflow solutions to create, distribute and monetize the most watched, loved and listened to media in the world—from prestigious and award-winning feature films, to popular television shows, news programs and televised sporting events, and celebrated music recordings and live concerts. With flexible deployment and pricing options, Avid’s solutions include Pro Tools®, Media Composer®, Avid NEXIS™, Interplay®, ProSet™ and RealSet™, Maestro™, PlayMaker™, and Sibelius®. For more information about Avid solutions and services, visit www.avid.com.

About NetworkNewsBreak

NetworkNewsBreak (NNB) provides a rapid summary of corporate news that caught the attention of NetworkNewsWire (NNW). NNB keeps you up-to-date on active US Public Companies complementary to NNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 512.354.7000