NewTek, Inc. Appoints Philip Nelson to Top Video Marketing Position

Nelson to Lead the Charge in Aggressive Marketing of NewTek’s Breakthrough Video Production Tools

Las Vegas, NV -- NAB -- April 19, 2004 -- NewTek, Inc., manufacturer of industry-leading 3D animation and video products, today announced that Philip Nelson has joined NewTek as Senior Director of Video Product Marketing. Nelson will be leading a team dedicated to aggressive marketing of NewTek’s powerful real-time uncompressed integrated production tools, including new vertical offerings based on the powerful VT[3] technologies. This marks Nelson’s return to NewTek after a successful stint at a new startup for the last year.

“Philip was instrumental in the development of a strong reseller channel for NewTek in North America, and under his leadership we saw significant growth the sales of our product throughout the region. A key to his success in our sales group was keen insight into customer needs and the ability to turn that into effective marketing communications. In his new role, NewTek will benefit from allowing Philip to focus these skills on the growth of our video product marketing and sales efforts,” said Jim Plant, President and CEO of NewTek.

Nelson first joined NewTek in early 1998 as the Inside Sales Manager for the east coast region. In January 1999 Nelson was promoted to Regional Sales Manager for the central United States. In 2001 he assumed the regional sales management position for the east coast region. In 2002 Nelson was promoted to Director of Sales for North America. Prior to joining NewTek, Nelson sold and supported video production equipment at the reseller level for Mission Service Supply in Louisiana, Arkansas and Mississippi. Nelson also put his video production and entrepreneurial skills to work as the founder and owner of VAR Studios/Multimedia an award winning video production company and Internet provider from 1990 to 1996, serving clients including Tim McGraw, Georgia-Pacific, ESPN Outdoors and Coca-Cola.

"I joined the NewTek revolution in the early 1990’s when I bought the original Video Toaster; it allowed me to compete and win in a field that would normally have been cost prohibitive,” said Nelson. "In 1998 when I officially joined the company, I wanted to show the world how empowering NewTek products really are. We have an extraordinary line of products that offer unbeatable value for the price, and I am excited to be back with NewTek with the opportunity to get the news of these incredible production tools out to the world."

About NewTek, Inc.
With headquarters in San Antonio, Texas, NewTek is a leading provider of full-featured video editing, animation and special effects tools including VT[3](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 Last Samurai, Threat Matrix, Children of Dune, Firefly, Taken, Smallville, Star Trek: Enterprise, Star Trek 10: Nemesis, Matrix Reloaded, Collateral Damage, The League of Extraordinary Gentlemen, Agent Cody Banks, Daredevil, Spy Kids II, We Were Soldiers, Panic Room, Hart's War, Driven, A.I., Oscar®-nominated Jimmy Neutron: Boy Genius, Final Fantasy, Blackhawk Down, The Time Machine 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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