BOXX Technologies Extends Relationship with NewTek, Inc. to Offer VT[2] on 3DBOXX

AUSTIN, TX – January 31, 2003 – BOXX Technologies, a leading developer of award-winning digital content creation systems for the design, entertainment and digital film industries, today announced an extended marketing and distribution agreement with NewTek to bundle and distribute NewTek’s VT[2], the world's first live production environment on a desktop, with BOXX’s award-winning 3DBOXX workstation.

Visit BOXX and NewTek at the NYDV Show in Madison Square Garden, Jan. 31 – Feb. 1, 2003 (booth #114) for a demonstration of LightWave 3D and VT running on 3DBOXX.

NewTek continues to be a driving force in the creative spectrum, pushing the edge of video and 3D graphics technology to create innovative and affordable tools for computer-generated animation, video and film special effects.

VT[2] is a Windows 2000-based product that processes pristine, uncompressed video in real-time and includes live keying, Internet streaming, real-time nonlinear editing, character generation, video painting and compositing, 3D animation, audio and video processing and all the tools you need in an integrated, easy-to-use package.

BOXX is offering several turnkey VT systems, including entry-level, mid-range, and high-end configurations, with prices starting at $5,999. From now until April 11, 2003, BOXX customers can get a $1,000 instant rebate with the purchase of an entry-level VT on 3DBOXX.

"Our users have been very pleased by the relationship we forged with BOXX to bring them LightWave 3D with BOXX's exceptional hardware," said Michael Kornet, NewTek's vice president of business development. "We're very pleased to form this new alliance with BOXX to license three VT system solutions. BOXX's quality and support in the DCC space is well known throughout the industry. Digital content creators and our resellers will find NewTek's powerful tools and BOXX platforms a compelling turnkey system solution."

“We are pleased our relationship with Newtek allows us to offer BOXX customers turnkey systems that meet their diverse creative needs,” said Ed Caracappa, director of sales and marketing at BOXX. “Now, with VT on 3DBOXX, creative professionals will have the performance and reliability they need for real-time production.”

About BOXX
BOXX® Technologies, headquartered in Austin, TX, is a leading developer and manufacturer of XXtreme™ high-performance, high-bandwidth Microsoft Windows and Linux-based hardware and software solutions for the 3D, animation, digital film, and HDTV broadcast markets. BOXX solutions are designed to increase productivity and performance and include 3DBOXX®, RenderBOXX®, HDBOXX® and ServerBOXXTM—all customized systems for 3D, rendering, HD non-linear editing, compositing and playback, and server solutions, respectively. For more information on BOXX Technologies, please visit the BOXX web site at www.boxxtech.com or call toll free 877-877-BOXX (2699) or 512-835-0400 (outside North America).

About NewTek
With headquarters in San Antonio, TX, NewTek is a leading provider of full-featured video editing, animation and special effects tools including VT®, LightWave 3D® and Aura Video Paint™. 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 Firefly, Taken, Smallville, Star Trek: Enterprise, Star Trek 10: Nemesis, We Were Soldiers, Panic Room, A.I., Oscar®-nominated Jimmy Neutron: Boy Genius, and Blackhawk Down. Recent game titles include Doom III, Unreal Tournament, Serious Sam for XBox, Age of Mythology, Civilization III, and Dead to Rights. 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, VT-DRR, SX-8 and RS-8 are trademarks of NewTek, Inc.
•All other products or brand names mentioned are trademarks or registered trademarks of their respective holders.

•BOXX, 3DBOXX, RenderBOXX and HDBOXX are registered trademarks of BOXX Technologies, Inc., registered in the U.S. Patent and Trademark Office. XXtreme and ServerBOXX are trademarks of BOXX Technologies, Inc. VT, LightWave and LightWave 3D are registered trademarks of NewTek. Other product and company names herein may be trademarks or registered trademarks of their respective companies. BOXX Technologies, 10435 Burnet #120, Austin, TX 78758, tel: 512-835-0400, fax: 512-835-0434.