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Avid Names Joel Legon Corporate Controller

Legon comes to Avid from Parametric Technology Corporation (March 10, 2006)

Avid Technology, Inc. (NASDAQ: AVID) today announced that Joel Legon has been appointed vice president and corporate controller for the company. Legon has responsibility for Avid's accounting, financial reporting, and financial planning processes, and reports to Paul Milbury, vice president and chief financial officer of Avid. Legon fills the role vacated by former Avid corporate controller and chief accounting officer Carol Reid, who retired in 2005.

"We're very pleased to welcome Joel to the Avid team," said Milbury. "His extensive background and expertise leading finance teams at large companies will help us build on the sound financial infrastructure we have in place today. Joel's experience will also serve us well as we execute our long-term growth plans in the professional and consumer media creation markets."

Legon comes to Avid from Parametric Technology Corporation (PTC) in Needham, Mass., where he was most recently senior vice president of finance and corporate controller. Previously, Legon served as international controller and European finance director for Computervision of Bedford, Mass., and has held finance positions at NEC America, Chesebrough Ponds, and Richardson Vicks.

About Avid Technology, Inc.

Avid Technology, Inc. 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. For more information about the company's Oscar(R), Grammy(R), and Emmy(R) award-winning products and services, please visit:

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Related Keywords:Avid , Joel Legon, Corporate Controller

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