William Vaughan Joins NewTek as
"LightWave 3D® Evangelist"


Award-winning 3D Artist and Educator
Brings Vast Industry Experience to NewTek's Marketing Team

San Antonio, Texas - June 4, 2002 -- NewTek, Inc., manufacturer of industry-leading 3D animation and video products, announced today that they have strengthened their marketing team with the addition of William Vaughan as the "LightWave 3D® Evangelist". A recipient of several New Media Addy awards, Vaughan brings broad-based experience to the position, having done 3D work for print, web, multimedia, games and broadcast. He has taught LightWave 3D® and developed a variety of tutorial and educational materials for the industry. In addition, Vaughan wrote Flash 5: Design from Concept to Creation, and co-authored several other multi-media and 3D books and articles.

Over the past ten years, Vaughan has established a strong reputation for his award-winning work for clients such as Compaq, New Line Cinema, and Halliburton. He has also worked in the LightWave® community as an instructor at North Harris Community College. Vaughan's other activities in LightWave® user education include training companies such as NASA, Fulbright & Jaworski, and KHOU Channel 11, the CBS affiliate in Houston to use LightWave®.

"Having someone with William's diversified professional background in industries such as print, new media, broadcast, and games is an invaluable asset to NewTek," said Jim Plant, president and CEO. "He gives our customers someone on the inside who knows and understands their needs and can connect those needs with NewTek's 3D development team."

Though his status as an employee may be new, Vaughan has worked closely with NewTek's marketing team since 1997 on the development of Inspire 3D™ and various web applications and marketing tools. In his new position, he will develop a new educational program, advance the LightWave® feature set, and work closely with key accounts and the growing number of end users of NewTek's products.

"My job begins and ends with the needs of the digital artist," notes Vaughan. "I've always been an un-official LightWave® Evangelist as an end user spreading the word, and I'm very excited to be able to continue doing so in an official capacity for NewTek."

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.

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· VT®, LightWave® and LightWave 3D® are registered trademarks of NewTek.
· VT-Edit, Aura Video Paint, LightWave® Express, VT-CG, VT-Vision VT-Scope and VT-DRR are trademarks of NewTek, Inc.
· All other products or brand names mentioned are trademarks or registered trademarks of their respective holders.