Anaheim, Calif., NAMM Convention, Booth #6700, January 15, 2009 — M-Audio, a part of Avid Technology, Inc. (Nasdaq: AVID) announced today the availability of three recently revealed and highly-anticipated new hardware and software products for musicians and project studio owners: The M-Audio DCP 200 digital piano, Torq 1.5 dj software and the Ozone 4 mastering system plug-in.

The M-Audio® DCP-200 digital piano is available immediately through authorized M-Audio dealers. Beneath its elegant, classic piano design, the new DCP-200 digital piano features premium onboard sounds meticulously sampled from some of the world’s finest instruments, including sounds sampled from a classic Steinway Model D concert grand piano. The DCP-200 piano’s powerful, integrated audio system conveys each note with exceptional musical detail, and the full 88-note keyboard with TruTouch™ II graded hammer action provides the feel of a real acoustic piano. The built-in USB connection easily integrates with a wide range of computer software programs for education, notation and music recording, and its integrated MIDI note sequencer is perfect for recording and playing back practices and performances.

Torq® 1.5 is the update to M-Audio’s acclaimed DJ software. Torq is the only digital DJ workstation designed to seamlessly integrate live DJ performance and advanced music production and now offers a host of new and innovative creative tools. New features in Torq 1.5 include Tempo Anchors, Tempo Master, zPlane Élastique time stretching, built-in effects processing, as well as a new toolbar and numerous workflow enhancements to streamline the creative process.

Ozone 4 is the newest version of the critically acclaimed mastering system plug-in from M-Audio software partner iZotope. It combines seven essential mastering processors into a single integrated system, instantly accessible via an intuitive, efficient interface. With features including the critically acclaimed IRC™ (Intelligent Release Control) Loudness Maximizer, precision eight-band Paragraphic EQ, Multiband Dynamics, Multiband Stereo Imaging, a Harmonic Exciter, Dithering and Master Reverb tools and more, Ozone 4 is a complete mastering solution, and the ultimate final touch for any mix.

Pricing and Availability

Torq 1.5 DJ software is currently available online from the M-Audio Webstore. The cost of upgrading from any previous version of Torq is USD $49.95. Customers who purchased and registered their Torq Conectiv or Xponent hardware after January 17th, 2008 are eligible for a no-charge upgrade to Torq 1.5 software.

The DCP-200 digital piano is currently available through authorized dealers and carries a USMSRP of $1125.95.

Ozone 4 is currently expected to be available in January 2009, and carries a USMSRP of $249.95. Special upgrade pricing is available and upgrades are handled directly on the iZotope website.

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About M-Audio

M-Audio, a part of Avid Technology, Inc., is a leading provider of innovative tools for today’s computer musicians and audio professionals. Now celebrating its 20th anniversary, the company was founded with the goal of democratizing music production by making powerful, easy-to-use technology accessible to a broad creative community. The company’s award-winning and comprehensive product line includes PCI-, FireWire- and USB-based audio interfaces; USB/MIDI keyboard controllers and digital pianos; microphones, preamps and reference monitors; and DJ tools. M-Audio has received numerous industry accolades, including Music Trades’ “Company of the Year” and “Fastest Growing Company” distinctions. For more information, visit www.m-audio.com.

About Avid Technology, Inc.

Avid is a worldwide leader in tools for film, video, audio and broadcast professionals – as well as for home audio and video enthusiasts. Avid professional and consumer brands include Avid, Digidesign®, M-Audio®, Pinnacle Systems®, Sibelius® and Sundance Digital®. The vast majority of primetime television shows, feature films, commercials and chart-topping music hits are made using one or more Avid products. Whether used by seasoned professionals or beginning students, Avid’s products and services enable customers to work more efficiently, productively and creatively. Avid received an Oscar® statuette representing the 1998 Scientific and Technical Award for the concept, design, and engineering of the Avid® Film Composer® system for motion picture editing. For more information about the company’s Oscar, Grammy® and Emmy® award-winning products and services, visit www.avid.com, del.icio.us, Flickr, twitter and YouTube; connect with Avid on Facebook or subscribe to Avid Industry Buzz.

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© 2008 Avid Technology, Inc. All rights reserved. Product features, specifications, system requirements and availability are subject to change without notice. All prices are MSRP for U.S. and Canada only and are subject to change without notice. Avid, Axiom, Digidesign, Film Composer, HyperControl, M-Audio, KeyStudio, Pinnacle Systems, Sibelius, Sundance and TruTouch are trademarks or registered trademarks of Avid Technology, Inc. or its subsidiaries in the United States and/or other countries and are not affiliated with, or sponsored or endorsed by the owners of the Steinway name. Emmy is a registered trademark of ATAS/NATAS. Oscar is a trademark and service mark of the Academy of Motion Picture Arts and Sciences. Grammy is a trademark of the National Academy of Recording Arts and Sciences, Inc. All other trademarks are the property of their respective owners.