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NEWS

September 2012

AVID TECHNOLOGIES NOW OFFERING V1.1 Qi WIRELESS POWER
DEVELOPMENT TOOLS WITH SUPPORT FOR FOREIGN OBJECT DETECTION

AVID Technologies Inc., a comprehensive provider of advanced electronic product design services and development tools, is pleased to announce newly released Qi Wireless Power development tools that are compatible with the Wireless Power Consortium (WPC) V1.1 specifications offering additional functionality related to foreign object detection (FOD).

August 2012

AVID TECHNOLOGIES JOINS NORTHEAST OHIO'S FLEXMATTERS® CLUSTER

AVID Technologies, Inc., a provider of comprehensive electronic product development services, has joined Northeast Ohio's flexible electronics cluster. This cluster of interconnected businesses, suppliers, service providers, and institutions, named FlexMatters® is focused on low-cost manufacturing of electronic devices
printed on flexible plastic materials. Based on Northeast Ohio's industrial and research strengths in polymers and advanced materials, the FlexMatters Cluster is emerging as producer of flexible electronics products sold globally.

May 2012

AVID TECHNOLOGIES PRESENTED LEADING EDGE AWARD FOR VALUE CREATION IN NORTHEAST OHIO FOR A FOURTH CONSECUTIVE YEAR

AVID Technologies, Inc., an ITAR-registered Northeast Ohio provider of electronic engineering and design services, was honored at the 2012 Crain's Leading EDGE Awards on May 16, 2012 at the University of Akron in Akron, Ohio. In its sixth year, this prestigious award was created and developed by the Entrepreneurs EDGE to recognize an elite group of value-creating, middle-market companies in the region. Qualifying companies operate within the 17 counties of Northeast Ohio and generate revenues up to $750 million, a portion of which must be outside the region.

April 2012

AVID TECHNOLOGIES IS WELCOMED INTO DIGI-KEY'S DESIGN SERVICES PROVIDERS (DSP) PROGRAM

AVID Technologies, Inc., a provider of electronic design, prototyping, testing, and documentation services for full turnkey product development, has been welcomed as a community partner for Digi-Key's Design Services Providers (DSP) program.

March 2012

PROFILES WITH TERRY BRADSHAW TO FEATURE AVID TECHNOLOGIES

The Producers of Profiles with Terry Bradshaw are pleased to announce that AVID Technologies will be featured in an upcoming segment on topics, trends, and issues related to “Behind the Scenes Look at Product Development” as part of the show’s “Profiles on Industry” series.

When it comes to developing new products or modifying existing ones, companies face countless technical challenges. While they may want to offer improved features and capabilities, many are still faced with the constraints and requirements that make designs work. One of the biggest hurdles to new technology can be the learning curve; a lack of expertise often leads to problems and delays that can kill even the best product ideas.

August 2011

AVID ADDS DESIGN SERVICES UTILIZING CADENCE ALLEGRO TOOLS

AVID Technologies Inc., an ITAR registered full service provider of advanced electronic product design services, has added Cadence Allegro tools to its existing Mentor Graphics and Altium design software platforms.

August 2011

AVID TO ACCEPT ORDERS FOR HARDWARE AND SOFTWARE DEBUGGING AND VERIFICATION SYSTEM FOR QI-COMPLIANT TRANSMITTERS AND RECEIVERS

AVID Technologies Inc., a comprehensive provider of advanced electronic product design services, is pleased to announce the availability of a new USB-enabled device targeted to help product developers quickly analyze and debug Qi wireless power system operation, firmware operation, and validate timing parameters related to TX/RX detection and communication driven by the Wireless Power Consortium (WPC) specification.

August 2011

AVID TO ACCEPT ORDERS FOR RECEIVER SIMULATOR FOR QI TRANSMITTER DEVELOPMENT AND DEBUGGING

AVID Technologies Inc., a comprehensive provider of advanced electronic product design services, is pleased to announce the availability of a new tester device targeted to help product developers quickly analyze and debug Qi wireless transmitter system operation and error handling.

June 2011

AVID PROVIDES QI PRODUCT DESIGN AND PRE-COMPLIANCE TEST SERVICES TO OEM PRODUCT DEVELOPERS

AVID Technologies Inc., a comprehensive provider of advanced electronic product design services, is pleased to provide expert design consulting and pre-compliance testing services to companies looking to integrate Qi wireless charging technology into their products. Leveraging 7 years of wireless power R&D experience, AVID has already supported the development and testing of several Qi compliant products.

June 2011

AVID TO RELEASE HARDWARE AND SOFTWARE DEBUGGING AND VERIFICATION SYSTEM FOR QI-COMPLIANT TRANSMITTERS AND RECEIVERS

AVID Technologies Inc., a comprehensive provider of advanced electronic product design services, will release a new USB-enabled device targeted to help product developers quickly analyze and debug Qi wireless power system operation, firmware operation, and validate timing parameters related to TX/RX detection and communication driven by the Wireless Power Consortium (WPC) specification.

June 2011

AVID TO RELEASE QI RECEIVER SIMULATOR FOR QI TRANSMITTER DEVELOPMENT AND DEBUGGING

AVID Technologies Inc., a comprehensive provider of advanced electronic product design services, will release a new tester device targeted to help product developers quickly analyze and debug Qi wireless transmitter system operation and error handling.

May 2011

AVID AMONG 82 TO RECEIVE LEADING EDGE AWARD FOR VALUE CREATION IN NORTHEAST OHIO

AVID Technologies Inc., a comprehensive service provider of advanced electronic design services, was among 82 Northeast Ohio companies being honored at the 2011 Crain's Leading EDGE Awards on May 19 at Cleveland State University's Student Center in Cleveland, Ohio. In its fifth year, t his prestigious award was created and developed by the Entrepreneurs EDGE to recognize value-creating, middle-market companies in the region. Qualifying companies operate within the 17 counties of Northeast Ohio and generate revenues up to $750 million, a portion of which must be outside the region.

February 2011

AVID JOINS THE WIRELESS POWER CONSORTIUM

AVID Technologies Inc., a comprehensive service provider of advanced electronic product and system design services, is pleased to announce affiliation with and associate membership in the Wireless Power Consortium (WPC). As an Associate Member of the WPC, AVID will actively participate in reviews of wireless technology draft standards - a preliminary step to the technical development of global wireless technology standards.

July 2010

AVID ANNOUNCES THE PROMOTION OF RICK BENSON TO PRESIDENT;
FORESEES EXCITING OPPORTUNITIES AND NEW VENTURES

AVID Technologies Inc., a full service provider of advanced electronic product design services, announced today the promotion of Rick Benson to the position of President. As of this date, Mark Sinreich, the company’s founder and prior President, will serve as Chairman of the Board.

June 2010

AVID TECHNOLOGIES AMONG 86 TO RECEIVE LEADING EDGE AWARD FOR VALUED CREATION IN NORTHEAST OHIO

AVID Technologies Inc, was among 86 Northeast Ohio companies being honored at the 2010 Crain’s Leading EDGE Awards on May 19th at the Intercontinental Hotel and Conference Center in Cleveland, Ohio. In its fourth year, this prestigious award was created and developed by the Entrepreneurs EDGE to recognize value-creating, middle-market companies in the region.

February 2010

AVID ADDS ALTIUM TO ITS DESIGN SERVICE BUREAU OFFERINGS

AVID Technologies Inc., a full service provider of advanced electronic product design services, has added Altium’s Designer Suite to its service offerings. Altium’s software provides a single unified electronic design solution for the entire design process with easy plug-in capabilities and a single GUI interface.

January 2010

AVID CELEBRATES 25 YEARS OF EXCELLENCE IN
PRODUCT DESIGN SERVICES

AVID Technologies, Inc. will celebrate the Company’s first quarter century of business on July 10, 2010, marking 25 years of operation since its founding in August, 1985. The celebration festivities will be held on a historical Tall Ship the first weekend in July, at the Cleveland, OH harbor area. AVID executives, employees, and key Customers will be attending to commemorate AVID’s achievements and growth, and to thank those who have made AVID’s 25 years of success possible.

October 2009

AVID TECHNOLOGIES IS NOW ITAR REGISTERED

AVID Technologies Inc. is now ITAR (International Traffic in Arms Regulations) registered. ITAR regulates the manufacture, export, and transfer of defense-related articles, information, and services and is under the direct oversight of the U.S. Department of State. ITAR is a requirement for participation in many defense-related manufacturing and development programs.

September 2009

AVID JOINS ALTERA CONSULTANTS ALLIANCE PROGRAM (ACAP)

AVID Technologies Inc., a full-service provider of advanced electronic product design services, has signed a partnership agreement with Altera Corporation, a leading programmable logic device supplier, to become a member of the Altera Consulting Alliance Program (ACAP).

September 2009

AVID TECHNOLOGIES, INC. LAUNCHES NEW WEBSITE

AVID Technologies Inc., an engineering and design services provider of advanced electronic products including wireless design, communication, embedded controls, data acquisition, medical devices and more, launches a new website with an improved contemporary look and feel. The new website has a more logical structure, is easier to access data, with an improved search engine optimization for increased internet activity and visibility.

June 2009

AVID IS ADDED TO THE TEXAS INSTRUMENTS' MCU DEVELOPER NETWORK

AVID Technologies Inc., a leading provider of engineering and design services in the areas of electronic design, development and implementation, has joined the Texas Instruments' MCU Developer Network.

May 2009

AVID TECHNOLOGIES AMONG 96 TO RECEIVE LEADING EDGE AWARD FOR
VALUE CREATION IN NORTHEAST OHIO

AVID Technologies Inc., a high-quality engineering services and solution provider for advanced, innovative electronic product design and production, approaching 25 years of design excellence, was among 96 Northeast Ohio companies honored at the 2009 Crain's Leading EDGE Awards on May 20th at Kent State University.

April 2009

AVID FEATURED AS A MICROCHIP AUTHORIZED DESIGN PARTNER IN APRIL 2009 MICROSOLUTION NEWSLETTER

AVID Technologies Inc., a Northeast Ohio advanced electronic product design firm is featured in the April 2009 Microsolutions e-Newsletter as a Microchip Authorized Design Partner.

March 2009

AVID WINS 2009 NEO SUCCESS AWARD AND IS FEATURED IN INSIDE BUSINESS MAGAZINE

AVID Technologies Inc., an advanced electronic engineering & design services provider, wins a 2009 NEO Success Award, as featured in the March 2009 issue of Inside Business Magazine.

December 2008

FULTON INNOVATION AND AVID TECHNOLOGIES EXPAND DEVELOPMENT
OF ECOUPLED™ TECHNOLOGY

Fulton Innovation, the creator and exclusive licensor of eCoupled intelligent wireless power, today announced that it is working with AVID Technologies, Inc., an advanced and innovative electronic product design services company.

November 2008

AVID NAMED ONE OF AMERICA'S 5000 FASTEST GROWING PRIVATE COMPANIES

AVID Technologies Inc., a high-quality engineering and electronic design services provider, was featured in Inc. magazine's 2008 publication of the list of 5000 Fastest-Growing Private Companies in America.

November 2008

AVID PROVIDES RESOURCES IN THE DEVELOPMENT OF WIRELESS POWER SOLUTIONS USING ECOUPLED™ TECHNOLOGY

AVID Technologies Inc., an advanced and innovative electronic product design services company, is ready to assist companies in the development of wireless power and charging solutions utilizing Fulton Innovation’s eCoupled™ technology.

December 2007

AVID TECHNOLOGIES IS HONORED WITH ITS FIFTH WEATHERHEAD 100 AWARD FOR OUTSTANDING GROWTH

AVID Technologies Inc., a high-quality engineering services and solution provider for advanced, innovative electronic product design and production, approaching 25 years of design excellence, is presented a 2007 Weatherhead 100 award, honoring outstanding sales and employment growth.