"Avid has launched a new video editing iPad app, which it hopes will give Apple’s iMovie a run for its money, and is Avid’s first prosumer video editing app for the iPad.

Avid Studio for the iPad enables you to quickly arrange your clips in the Storyboard, make precision edits using the Timeline, and add high-quality transitions, effects, and soundtracks to your movie footage."

Source: http://www.geeky-gadgets.com/avid-studio-video-editing-app-arrives-on-the-ipad-02-02-2012/ 

"Avid has created an app with the power of a professional editor, yet is easy enough for newcomers. It looks to be a big step up from Apple’s iMovie app, which is strictly for home hobbyists.

The Avid Studio app combines a storyboard and timeline interface, where users can arrange clips in the storyboard, then use the timeline for precise cuts. It also offers touch controls not found in the desktop, like the ability to resize and rotate titles with a gesture.

To get media to edit, users can capture video or photos within the app, import media from iTunes, or capture from a camera using the iPad Camera Connection Kit ($29).

More than a basic editor, the Avid app includes picture-in-picture effects, as well as multiple audio tracks for layering sounds. When they’re done, users can upload their creations directly to their YouTube or Facebook accounts, save them to their computers, or send them to their Avid Studio desktop program for further editing.

Other features include 3D animations, transitions, and titles; full title and graphic control; pan-and-zoom for photos; and full screen playback."

Source: http://www.onlinevideo.net/2012/02/avid-editing-comes-to-the-apple-ipad/ 

The new Avid Studio iPad application is now available to download from the iTunes App Store for £2.99 or $4.99

More info: http://itunes.apple.com/app/avid-studio/id491113378?mt=8