Jay Roth, Co-Founder of Electric Image, Inc., Joins NewTek's LightWave 3D® Team

Leading 3D industry expert brings vast market knowledge and experience to the role of V.P. 3D Product Management

San Antonio, Texas – March 9, 2005 -- NewTek, Inc., manufacturer of industry-leading 3D animation and video products, announced today that they have strengthened their marketing and development team with the addition of Jay Roth as the Vice President of 3D Product Management. Roth, co-founder of Electric Image, Inc., has 25 years experience in the 3D visual effects and graphics industry.

Under Roth’s guidance as CEO of Electric Image, Inc., the company achieved numerous milestones including: development of the market-leading professional 3D application for the Macintosh; creation of the world’s fastest renderer, authored by one of Roth’s co-founders, Mark Granger; and stunning visual effects for the destruction of downtown L.A. in James Cameron’s, Terminator 2.

In addition to his role as co-founder and CEO of Electric Image, Inc., Roth has vast experience in the visual effects industry beginning in 1980 working at Roger Corman’s New World Pictures, with Academy Award winners James Cameron and Robert and Dennis Skotak. Roth has over 40 feature film, television and commercial credits, including CGI effects for Mattel HotWheels Octoblast, MacGyver, Entertainment Tonight, Bandai Power Rangers Dino Thunder, The Stepford Wives, X Files and SBC DSL, and main title design for A Minute with Stan Hooper..

Roth’s product management expertise extended beyond his role at Electric Image, Inc., when Sony appointed Roth to design and supervise the 3D compositing environment for Socratto, an unreleased film compositing product.

“Jay is a great addition to the LightWave 3D® team. His extensive experience in the visual effects market, as well as his background as a chief technology officer and 3D product developer, make him the ideal candidate to drive the future of LightWave® development,” said Jim Plant, NewTek president and CEO.

“I have always admired the power and flexibility built into LightWave, and the diversity and passion of the LightWave user community is second to none,” said Roth. “I am truly excited to have the opportunity to guide LightWave in revolutionary new ways and to help bring breakthrough new technology to the LightWave community.”

Pricing and Availability
LightWave [8] is available now for Windows and Mac platforms for $1595US full-version and $495US upgrade. For a limited time a LightWave 3D® Electronic Full Competitive Upgrade is available for $495US, for registered owners of Maya™, Softimage™ XSI, 3ds max®, Electric Image™, Strata Studio Pro, Cinema 4D™, Truespace™, Hash Animation Master™, Autocad®, Pro/Engineer® and SolidWorks®. Proof of ownership required to qualify. Registered LightWave® owners will also be able to purchase an additional seat of LightWave® at the $495 price. This special offer is available through April 30, 2005, from any Authorized NewTek Reseller, from NewTek's web site at http://www.newtek.com/buynow or by calling 1-800-843-8934, overseas callers dial +1-210-370-8000. Find a local NewTek Authorized Reseller at www.newtek.com/dealers.

About NewTek
With headquarters in San Antonio, Texas, NewTek is a leading provider of full-featured video editing, live production, presentation, animation and special effects tools including TriCaster™, VT[4] TM and LightWave 3D®, winner of the 2003 Primetime Emmy® Engineering Award. NewTek launched the desktop video revolution in 1990 with the release of the legendary Video Toaster®. The company's products are used worldwide on projects ranging from home video to feature film. Recent television and film projects using NewTek software include The Aviator, Flight of the Phoenix, Sky Captain and the World of Tomorrow, Aliens of the Deep, "I, Robot", Spiderman 2, The Last Samurai, Battlestar: Galactica, Firefly, Smallville, Star Trek: Enterprise, Access Hollywood and Entertainment Tonight, Recent game titles include Doom III, Unreal Tournament, Serious Sam for XBox, Age of Mythology, Civilization III, Dead to Rights, Baldur's Gate II, EverQuest and Escape From Monkey Island. Website: http://www.newtek.com.

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