NewTek Announces New LightWave® Learning Options For Students
NewTek Uses Free Discovery Edition and $395 Educational To Create The
Next Generation Of 3D Artists And Animators

NAB - Las Vegas, NV -- April 10, 2002 -- NewTek, Inc., the company that revolutionized the world of visual effects and 3D animation, announced today two options for students who want to learn 3D graphics - the LightWave® Free Discovery Edition - a no cost version of LightWave® with limited saving and watermarked rendering- and a full-featured educational version of LightWave 3D® available to students for $395US, The software is compatible with both Macintosh and Windows-based computers.

"LightWave 3D® has helped more people break into the world of 3D graphics and visual effects than any other 3D package. These new options for students will help create a new generation of visual effects artists, filmmakers, illustrators, and animators," said Jim Plant, CEO of NewTek. "LightWave® is the best choice for students who want a full powered, no compromises, professional animation package that's used by tens of thousands of users and facilities around the world. LightWave 3D® is also the program of choice for people who want to start their own 3D studio or expand their graphics business. In our community there are dozens of examples of people who used LightWave® to help them break into Hollywood and go on to win Emmy awards and Oscar nominations. We expect the LightWave® class of 2002 to help entertain and inform us for years to come."

"Students love LightWave® because it's software that they can learn with, grow, and ultimately make money with," added Tim Jenison, chairman of NewTek. "The other high end 3D packages use a one year subscription method as a way to bait unsuspecting young people into spending large amounts of money on a product that ultimately goes nowhere. Students don't need software that's a ticking time bomb ready to explode and expire in a year, taking their investment in both time and money with it. That's why the LightWave® Student Edition never expires and is fully upgradeable to the commercial version at a very affordable price. "

Pricing and Availability
LightWave® [7] Educational versions are currently shipping for a suggested retail price of $395US. LightWave® [7] Upgrades from previous versions for educational users are available for $195US. Educational versions of NewTek products are available through authorized educational resellers with proof of educational status for students, faculty and educational institutions. LightWave® is available for Macintosh OS 9 and OS X-native, and for Windows 98, 2000, Me and NT4, and runs on AMD and Intel processors.

LightWave® is taught to thousands of students of a year through programs like AFI (American Film Institute), the Savannah College of Art and Design, Vancouver Film School, 3D Exchange, the DAVE School at Universal Studios Orlando, the Academy of Art, AGA Digital Studios, FX Academy, Full Sail, Nueva Tecnologia de Mexico SA de CV and Future Media Concepts.

About NewTek
With headquarters in San Antonio, Texas, NewTek is a leading provider of full-featured video editing, animation and special effects tools including the VT®, LightWave 3D® and Aura. NewTek launched the desktop video revolution in 1990 with the release of the legendary VT®. The company's products are used worldwide on projects ranging from home video to feature film. Recent film and television projects using NewTek software include We Were Soldiers, Panic Room, Hart's War, Driven, A.I., Oscar®-nominated Jimmy Neutron, Boy Genius, Final Fantasy, Blackhawk Down, The Time Machine, Black Knight, How The Grinch Stole Christmas, The 6th Day, Jurassic Park III, Behind Enemy Lines, X-Men The Movie, Star Trek: The Motion Picture, Director's Edition DVD, Pitch Black, Dracula 2000, Star Trek: Enterprise, Roughnecks: Starship Troopers, Star Trek: Voyager, Star Trek: Deep Space Nine, The X-Files, The Family Guy, Ally McBeal, Dune: The Miniseries, Dawson's Creek and Family Law. Recent game titles include Deus Ex, Serious Sam I and II, Twisted Metal: Black, Civilization III, Unreal, Quake 3 Arena, Moto Racer World Tour, Giants for PS2, Baldur's Gate II, EverQuest, Planescape: Torment, Dead To Rights, and Escape From Monkey Island. Contact NewTek at 5131 Beckwith Blvd, San Antonio, TX, 78249. Phone: 210-370-8000, fax: 210-370-8001, website: http://www.newtek.com.

· LightWave 3D® and VT® are registered trademarks of NewTek.
· VT-Edit, Aura Video Paint, LightWave® Express, VT-CG, VT-Vision, VT-Scope and VT-DDR are trademarks of NewTek, Inc
· Other product names used in this publication are for identification purposes only and may be trademarks of their respective companies.