NewTek to Offer Breakthrough Price for 3D Graphics System on HP Workstations

"Get LightWave 3D® Plus an HP Workstation for the Retail Price of LightWave"

Las Vegas, Nevada -- April 7, 2003 -- NewTek, Inc., manufacturer of industry-leading 3D animation and video products, today announced a special offering of NewTek's LightWave 3D® with an Intel® Pentium® 4-based HP Workstation. From April 7th through April 21, 2003, any US customer who purchases an HP Workstation xw4000, xw5000, xw6000 or xw8000 qualifies to buy LightWave® direct from NewTek for $846. As an example, a customer may purchase the base model HP Workstation xw4000 and LightWave for $1,595US, which is equal to LightWave's stand-alone retail price.

"By harnessing the power, speed, quality and capability of HP workstations, we're able to bring to LightWave customers an incredible value," said Michael Kornet, Vice President of Business Development for NewTek, Inc. "Digital content creators in search of a state-of-the-art 3D software and system solution with complete support will find this combination very compelling."

NewTek's LightWave 3D offers one of the most complete professional toolsets in the industry at the most affordable price. Combining a state-of-the-art photo-real renderer with intuitive and powerful modeling and animation tools, LightWave is used worldwide for broadcast graphics, games, print, web, and visual effects for film and television.

"The most useful feature of LightWave is the ease of use and the speed at which we can turn out work," said John Gross, co-founder of Eden FX, Hollywood, CA. "What I like best about LightWave is that it feels right. It's not arcane science and command lines, but more like a real studio. LightWave 3D with an HP workstation is an incredible value for professional 3D graphics production."

"HP is pleased to bring NewTek's award-winning professional 3D graphics standard to our workstation customers," said Jim Zafarana, vice-president of marketing for HP's Workstation Business Unit. "HP is committed to providing our customers with reliable workstations with the very best added value in software. Combining LightWave 3D with HP workstations meets that goal, at an unprecedented savings for our digital content creation customers."

LightWave 3D features include:

• World-class rendering
• Fast, versatile Modeler
• Powerful scripting language
• Character Animation tools
• Particle Effects
• Expressions
• Numeric entry (and math in input fields)
• Unlimited points and polygons per object
• Unlimited images
• Unlimited surfaces
• Easy import of Illustrator® data
• Easy integration with other effects production tools.

Pricing and Availability:
LightWave 3D [7.5] is available for $846US with proof of purchase of an HP workstation under the terms of the special offer from NewTek and HP. After purchasing an HP workstation, customers should call NewTek Sales at 1-800-368-5441 (include the HP invoice number) to purchase LightWave at this special price. For details on this special offer, see http://www.newtek.com/shows/nab/2003/.

About NewTek
With headquarters in San Antonio, Texas, 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 television and film projects using NewTek software include Firefly, Taken, Smallville, Birds of Prey, Star Trek: Enterprise, We Were Soldiers, Panic Room, Hart’s War, Driven, A.I., Oscar®-nominated Jimmy Neutron, Boy Genius, Final Fantasy, Blackhawk Down, The Time Machine, Behind Enemy Lines and Star Trek: The Motion Picture, Director’s Edition DVD. 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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•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.