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(NASDAQ: AVID) today announced that
solutions from its Avid(R), Digidesign(R), and Softimage(R) product
families were used in the creation of every film nominated in the Best
Picture, Directing, Film Editing, Sound Editing, Sound Mixing, Visual
Effects, and Best Animated Feature categories of the 77th Annual
Academy Awards(R). is the world leader in digital nonlinear
media creation, management, and distribution solutions, enabling film ,
video, audio, animation, games, and broadcast professionals to work
more efficiently, productively , and creatively. Product
features, specifications, system requirements, and availability are
subject to change without notice.

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Avid, Digidesign, Film Composer, Pro
Tools, and Softimage are either registered trademarks or trademarks of
Avid Technology, Inc.----SPEED Channel VP
of Programming Robert Ecker announced today that SPEED Channel will
revive its signature movie block, Lost Drive-In(R), signing an
18-movie deal with Warner Bros.

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WBDCD is also a major licensor of feature films to the broadcast
networks.

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About Avid Technology, Inc. All other trademarks and/or service marks
contained herein are the property of their respective owners. "Having been the original
producer on the series , it's continued to hold special resonance for
me, and we've never ceased hearing from viewers requesting its return.

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Avid received an Oscar statuette representing the 1998 Scientific and
Technical Award for the concept, design, and engineering of the Avid
Film Composer(R) system for motion picture editing .

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Avid Technology, Inc.

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Creators use one or more Avid solutions on films nominated in the
Best Picture, Directing, Film Editing, Sound Editing, Sound Mixing,
Visual Effects, and Best Animated Feature categories

Avid Technology, Inc. Our product development scope
not only includes building world-class nonlinear editing systems, but
encompasses audio editing, sound design , visual effects creation,
finishing, and asset management capabilities into a powerful workflow.

For more information
about the company's Oscar, Grammy(R), and Emmy(R) award-winning
products and services, please visit: www. Emmy is a registered trademark of
ATAS/NATAS.

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Business Editors /Automotive Writers

CHARLOTTE, N.
Projected to debut over the 2005 Thanksgiving weekend, the list of
movies from Warner Bros.

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Business Editors/Entertainment Editors/Technology Editors

TEWKSBURY, Mass. "Because many of our engineers and
product designers are filmmakers themselves, we're able to innovate
new products - and entire production workflows - that address the
complex needs of the filmmaking process.

The list of films that employed Avid, Digidesign , or Softimage
solutions and were nominated for Oscar(R) and other industry awards
this year includes: The Aviator; Million Dollar Baby; Ray; Sideways;
Collateral; Finding Neverland; The Polar Express; Spider-Man 2; The
Incredibles; Shark Tale; Shrek-2; Harry Potter and the Prisoner of
Azkaban; I, Robot; De-Lovely; Kinsey; Eternal Sunshine of the Spotless
Mind; Fahrenheit 9/11; The Passion of the Christ; Hotel Rwanda; Kill
Bill: Vol.
Warner Bros.

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Grammy is a trademark of the National Academy of Recording
Arts and Sciences, Inc.

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The widespread use of Avid's systems among films
nominated for Academy Awards this year confirms the company's
continuing leadership position in the digital content creation
industry.

is bringing some of the best and most beloved
automotive -themed feature films of the 1960s, 70s and 80s to SPEED
Channel viewers, many for the first time .

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2; The Phantom of the Opera; Riding Giants; and My
Architect.
As such, we are very pleased and excited that our partnership with
Warner Bros.
"This list of flicks is custom-made for SPEED and we're sure this
special movie block will drive tune-in for the network," said Eric
Frankel , President, Warner Bros.

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This category is for non-animated feature films classified as suitable for children under 18 years of age.

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"
In addition to the broad use of Avid systems on films nominated
for Academy Awards this year, Avid has also been well represented
throughout the entire 2005 award season, with one or more of the
company's products used to create:

All of the films nominated in the Best Picture (Drama, and
Musical or Comedy) and Director categories for the 62nd Annual
Golden Globe Awards;

All of the winners in the film categories for the 31st Annual
People's Choice Awards; and,

All of the films nominated in the feature film and documentary
categories for the 2005 American Cinema Editors (ACE) Eddie
Awards. All rights reserved.C."
Whether it is the 1968 Dodge Charger and 1968 Mustang GT used in
the classic Steve McQueen car chases from Bullitt or the prototype
supercar "Black Moon" used by Tommy Lee Jones in Black Moon Rising,
the cars and motorcycles are integral characters in the movies
selected for SPEED Channel's Lost Drive-In.

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Domestic Cable Distribution.
SPEED Channel is the nation's first and foremost cable network
dedicated to motor sports and the passion for everything automotive.

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To see our technology connected to so many films recognized
by the Academy - year after year - gives us a tremendous sense of
accomplishment. Domestic Cable Distribution. WBDCD is responsible for sales , marketing and
distribution of already-produced product from the Studio's vast
library, including feature films, television series, mini-series,
television movies and specials to basic cable and pay television. Now
available in more than 68 million homes in North America, SPEED
Channel is among the fastest growing sports cable networks in the
country.

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(C) 2005 Avid Technology , Inc.

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in the United States and/or other countries. Digidesign, Avid's
audio division, received an Oscar statuette representing the 2003
Scientific and Technical Award for the design, development , and
implementation of its Pro Tools(R) digital audio workstation.

Lost Drive-In Resurrected as SPEED Channel Signs 18-Title Deal with Warner Bros. Domestic Cable Distribution; Bullitt The Gumball Rally The Great Race and Th

Domestic Cable Distribution includes:

Any Which Way You Can

The Betsy

Black Moon Rising

Bullitt

City Heat

Corvette Summer

Freebie and the Bean

Freejack

The Getaway

The Great Race

The Gumball Rally

The Last Run

A Man and a Woman

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Originally hosted by renowned actor Bruce Dern and launched with
the tagline "'B' Movies that Haunt 'A' Actors", Lost Drive-In
premiered on the network in 1996 and ran for five consecutive seasons.
From racing to restoration, motorcycles to movies, SPEED Channel
delivers quality programming from the track to the garage.

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"We're delighted that our products continue to be the preferred
postproduction tools for the creative storytellers behind so many of
this year's Academy Award nominees," said David Krall, president and
chief executive officer of Avid. Oscar
and Academy Awards are trademarks and service marks of the Academy of
Motion Picture Arts and Sciences.

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"The original Lost Drive-In franchise was launched in 1996, so as
the 10th anniversary of the network looms it just seemed like the
right time to bring it back," Ecker said .
Combining original intermission reels with vintage theatrical trailers
and the features themselves , many of the original host wraparound
segments were shot on location at working drive-in theatres throughout
the greater Los Angeles area -- none of which remain in existence
today.

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We then make all these capabilities transparent - so our tools become
an extension of the artist and help to facilitate the creative
process. Domestic Cable Distribution (WBDCD) is one of the
leading suppliers of programming to the pay television and basic cable
marketplaces.

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Avid Customers Stand Out Among 2005 Academy Award Nominees

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