FOR IMMEDIATE RELEASE

NewTek announces VT[5] Live!(TM)

Integrated production suite upgraded with SDI switching and HD editing

Las Vegas, NV, NAB, Booth SL526 – April 24, 2006--NewTek, Inc., manufacturer of industry-leading video and 3D animation products, today announced VT[5] LIVE!, an integrated production suite that offers live switching and web streaming of up to 24 cameras or external computers. VT[5] includes overlay titling, real-time keying, and automated clip playback, with simultaneous output to video, projector and web stream. Post production capability includes High-Definition editing, HD video painting, 3D modeling, rendering and animation. Uncompressed component out of VT[5] brings affordable, unsurpassed video quality with four-channel audio. The optional Serial Digital switcher adds eight SDI inputs and assignable SDI outs.

”VT[5] is all about quality and flexibility, with uncompressed component and SDI switching, pristine quality is maintained,” said Philip Nelson, NewTek Vice President of Sales and Video Marketing. “The ability to mix so many different sources, and send the output to video deck, projector and web stream at the same time makes VT[5]LIVE! the value leader for professional live production.”

VT[5] LIVE! features include:
• Includes VT[5] Software, VT-Pro™ Card, SX-84™ Switcher Expansion and RS-8™ Remote Switcher
• Live Switching of up to 8 components, 8 Y/C, 3 SDI or 24 composite sources, with Audio support, Alpha, and Genlock
• Stream live events or finished productions to the web in real-time
• Integrated TBC and Proc Amps for each input
• Resolution independent editing - anything from web streams to HD
• Mix SD and HD clips in the same project
• SpeedEDIT supports all frame-rates and resolutions
• 16:9 and 4:3 aspect support
• Edit support for MPEG-2, QuickTime and more
• Integrated timeline and storyboard editing
• Real-time keyframeable color correction and blur
• Real-time playback of compressed and uncompressed clips
• Real-time 3D transitions, slow motion and reverse, chroma and luma keying
• DVD Authoring with instant project import and playback
• iVGA turns external PC or Mac computers into switcher inputs across the network
• Real-time DV out in SD resolution
• High-Definition 2D video paint with pixel tracking, filters, more
• LightWave 3D® v9, award-winning 3D graphics and animation
• Optional 8-input SDI switcher


Pricing and Availability
VT[5] LIVE! will ship Summer 2006 starting at $6495 US. Purchasing VT[4] now qualifies for a free software upgrade to VT[5] when it ships. Optional SDI switcher pricing and availibilty to be announced. For more information or to purchase, call NewTek Sales at 800-368-5441 or visit http://www.newtek.com

About NewTek
With headquarters in San Antonio, Texas, NewTek is a leading provider of full-featured video editing, live production, presentation and visual effects tools including TriCaster(TM), VT[5](TM), SpeedEDIT(TM), 3D Arsenal(TM) and LightWave 3D®.
Website: http://www.newtek.com/

--End--

• LightWave and LightWave 3D are registered t rademarks of NewTek.
• TriCaster, TriCaster PRO, SpeedEDIT, iVGA, TriCaster VM and 3D Arsenal are trademarks of NewTek, Inc.
• All other products or brand names mentioned are trademarks or registered trademarks of their respective holders.