June 22, 2007

AVID ADDS TO BOARD OF DIRECTORS

Park is a partner of Blum Capital and shares responsibility for approximately $3.6 billion of assets under management. Prior to joining Blum Capital, Park spent 11 years with Columbia Wanger Asset Management, L.P. where he was a partner and the portfolio manager of the $900 million Columbia Acorn Select Fund and a co-portfolio manager of the $12 billion Columbia Acorn Fund.

Park was also director of Domestic Equity Research.