EVENTIDE ENTERS INTERNATIONAL DISTRIBUTION AGREEMENT WITH DIGIDESIGN FOR PLUG-INS

LITTLE FERRY, NEW JERSEY, October 20, 2004 - Illustrating the rapid growth worldwide in the popularity of Eventide plug-ins for Pro Tools, and a means to more effectively satisfy customer demand, Eventide announced today that it has reached an agreement with Digidesign to handle worldwide distribution of Eventide plug-ins outside of the U.S. and Canada. The agreement, effective immediately, covers the full product line of plug-ins based on algorithms of the famous Eventide hardware products, including Eventide Reverb, Octavox™, the Clockworks Legacy™ bundle, and H3000 Band Delays™.

"The advantage of this agreement is to make the product available to more customers," said Ray Maxwell, Eventide vice president of sales and marketing. "Now all Pro Tools dealers around the planet will have Eventide plug-ins to offer their customers. Digidesign has a well developed dealer channel and a well seasoned sales force. Getting the products in every location where Pro Tools is sold will make it easier for customers to hear it and buy it."

Digidesign now offers the full line of Eventide plug-ins through its network of international Pro Tools dealers throughout the world. Eventide will continue to offer its plug-ins throughout the United States and Canada where it maintains its dealer network of hardware and software retailers. Eventide plug-ins provide the desktop community with the same flexibility and tone-shaping capability that high-end studios have enjoyed for generations, using Eventide's legendary hardware processors.

"It's a real privilege for Digidesign to be able to offer the Eventide TDM plug-ins internationally through our distribution program," remarks Digidesign's director of partnering programs, Ed Gray. "They represent some of the very best of creative TDM real-time effects, and they deserve the international visibility that the Digidesign team can provide. The new H3000 Band Delays plug-in is particularly exciting for us. It is completely faithful to the H3000 and sounds sensational."

About Eventide

Founded in 1971, Eventide is a leading developer and manufacturer of digital audio signal processing products for recording, broadcast and live performance, as well as avionics instrumentation, and digital communication products for public safety. Headquartered in Little Ferry, NJ, Eventide released the first H3000 Ultra-Harmonizer in 1988. Visit Eventide on the Web at www.eventide.com.

Digidesign and Pro Tools are trademarks of Digidesign, a division of Avid Technology, and names and logos are used with permission.

Eventide and Harmonizer are registered trademarks; Octavox, Clockworks Legacy, and H3000 Band Delays are trademarks of Eventide Inc.