[Jim Wilcox] ” It seems that color is looking for media based on the logged name and Media 100 is digitizing based on timecode naming convention. “
That is not true. Color reads the media files from the XML, with a path to the media files written in the XML. There are various reasons why you could get offline clips in Color: first, do you have Color and Media 100 on the same system? The XML exchange works with absolute path names, meaning that it Color looks to a specific directory on a specific HD for its files. If you moved the media files e.g. to a FireWire drive, the XML exchange will not work as expected.
Second, are your media files in a Codec which is supported by Color? Color is not a QuickTime application as you know it, but it is build for some selected QuickTime codecs. All the Media 100 codecs are not supported by Color, so if you have a clip in a Media 100 i or HD codec in your timeline Color cannot read it. I HIGHLY would recommend only working in ProRes or 4:2:2 Uncompressed when trying to do anything with Color, and to keep your timeline very clean and restricted to only one codec.
I am currently writing on a Media 100 to Color tutorial, and I hope to have it finished in the next couple of days. I will release the video tutorial covering the basic Media 100 to color exchange as soon as it is done.