One of Avid's philosophies is that "No Editor should be an Island." In other words, a well rounded editor works with a multitude of programs- which includes Premiere Pro. New Avid Tools are built to work perfectly in a workflow with Adobe Premiere Pro.
That’s the reason why Avid is breaking new ground by enabling content creators and video editors who use Adobe Premiere Pro to collaborate seamlessly in Avid-based production environments. It’s time to, says the company, “break down content silos and deliver content faster with media asset management and shared storage solutions that work for a hybrid Media Composer-Premiere Pro workflow or all-Premiere Pro workflow.”
Avid's upcoming release of MediaCentral|Panel for Premiere Pro, is a software plugin that enables editors to connect post production workflows for sports and news, with the full advantage of Avid remote storage.