Today Avid announced new Avid Media Composer 3.5 software by freeing up the dongle and software activation by internet by which you can purchase Avid Software only through internet directly from Avid store. With new Media Composer 3.5, you can work on Stereoscopic 3D contents from your timeline. From Avid Press Release:

What’s New in Avid Media Composer and Symphony Software?

• Native XDCAM support: Offers complete end-to-end native support for the popular Sony XDCAM HD formats, at all bandwidths.  Customers may now playback and edit directly from the disc, render, mixdown, export sequences and clips with eight audio tracks, and writeback with sequence timecode.

• Stereoscopic 3D editing: Delivers full support of stereoscopic workflows, which enables customers to acquire, edit and display stereoscopic (3D) material. Content can be displayed with stereo monitoring capabilities in both the composer window and full screen playback – eliminating the need for costly conforms previously required to screen 3D material.

• AMA, or Avid Media Access Architecture: Customers can automatically link clips from a third-party volume (Panasonic P2 or Sony XDCAM HD/EX) devices into an Avid editing bin, without having to transcode or store the media on their system.

• Elimination of Dongle with new Software Activation and Licensing: Eliminates the need for a dongle key to activate new purchases and upgrades of Avid software.  All new software sales and single seat upgrades will be licensed by a system activation key. 

• Keyframeable Color Correction: Provides customers with the ability to make most color adjustments using advanced keyframes in the offline editorial process – saving time and money associated with online color correction costs when using the Avid Total Conform.

• Fluid Stabilizer: Equips customers with a new 2D tracking engine designed to track and remove camera motion, when used in combination with the Avid SteadyGlide™ feature.  

• General FX enhancements: Offers improvements such as the ability to copy Keyframes at position as well as enhanced 3D Warp, Quality and CPU/GPU performance to quickly render and process FX.

• Improved Pro Tools integration: Integrates Media Composer 3.5 with Pro Tools 8 through the Video Satellite feature, which allows control of a Media Composer system from Pro Tools for full resolution, synchronized video playback for audio.  Now, customers can install both Media Composer and Pro Tools software on the same system. 

• Enhanced Audio Capabilities: Delivers a wide range of new audio capabilities that provide customers with more control over audio clips and sequences.