NewTek and eyeon Software Announce Unprecedented Value for 3D and Compositing

LightWave 3D® [7.5] Purchasers to Receive Free DFX+TM, Free Upgrade to LightWave [8]

San Antonio, Texas -- June 3, 2003 -- NewTek, Inc., manufacturer of industry-leading 3D animation and video products, and eyeon Software today announced that through June 30th, purchasers of NewTek's LightWave 3D® [7.5] full seats will receive eyeon's DFX+TM and two add-on modules at no additional cost. In addition, this offer also includes a free upgrade to LightWave® [8] by download when it ships later this year. Registered owners of LightWave [7.5] and earlier versions who pre-purchase a LightWave [8] upgrade for $495US during this period will receive DFX+ immediately, at no additional charge, and will receive the LightWave [8] upgrade in electronic form when it ships later this year. Purchasers who are upgrading from LightWave [6.5] or earlier versions will also receive an electronic upgrade to [7.5] at the time of their purchase.

“We're exceptionally pleased to ally with eyeon to offer such a major value to our LightWave customers,” said Andrew Cross, Senior Vice President of Engineering at NewTek, Inc. “The powerful compositing capabilities of DFX+ perfectly complement LightWave's state-of-the-art 3D animation and rendering. Users will have the tools they need to seamlessly layer live footage and animation or multi-pass renderings with complete control, at just incredible savings for such high-level tools.”

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. LightWave also includes a powerful scripting language and advanced integration with other popular production tools.

“We have always been impressed with how well LightWave clients receive eyeon products,” commented Joanne Dicaire, Sales & Marketing Manager at eyeon. “They really seem to understand the cohesion between 3D and 2D, making their work come to life in a much faster and more efficient way. Factor in DFX+’s ability to expand through the addition of DFX+ modules, and you get a fantastic opportunity to power up your pipeline for an amazing price.”

DFX+™ is the 8-bit expandable version of eyeon’s image processing software, Digital Fusion. DFX+ offers flexible flow, superior character generation, PSD import into separate layers for animation, and more. Live footage, animations and graphic elements can be layered with complete control and flexibility, and effects such as Glow and Motion Blur can be applied. The DFX+ core can be enhanced by purchasing a variety of add-on modules, including Visual Effects, Keying, Integrated Vector Paint, Particle Suite and more. The special offer will include Module 1 - Visual Effects, which offers tracking, stabilization, rotoscoping tools and more. Also included is Module 4 - 3D Tools, which offers Z-depth blur, grid warping, fog, and other tools for processing 3D rendered elements such as those produced in LightWave 3D.

Pricing and Availability
LightWave 3D [7.5] is available at authorized NewTek resellers worldwide for a suggested retail price of $1595US. To locate your nearest authorized reseller or distributor, see our reseller locater at http://www.newtek.com. Registered owners of LightWave 3D [7.5] or earlier are eligible to purchase an upgrade to LightWave [8] for $495US. Through June 30th, 2003, both full seats and upgrades will include DFX+, a $995 value, Module 1 - Visual Effects, a $495 value, and Module 4 - 3D Tools, a $295 value. Purchasers who would prefer to receive upgrades in package form with printed manual and CD rather than in electronic form will be able to purchase a Convenience Upgrade option for $99, directly from NewTek. For more information on the items offered and to purchase direct from NewTek, visit: http://www.newtek.com/buynow/software/lightwave+dfx.html or call NewTek Sales at 1-800-368-5441, overseas callers dial +1-210-370-8000.

DFX+ is available for $995US. Optional Modules are Module 1 - Visual Effects - $495US, Module 2 -Keying - $495US, Module 3 - Input/Output - $295US, Module 4 - 3D Tools - $295US, Module 5 - Network Rendering - $595, Module 6 - Integrated Vector Paint - $495US, Module 7 - Particle Suite - $495US. Bundle pricing is available. See http://www.eyeonline.com for further information and to locate eyeon resellers.

About eyeon Software
eyeon Software is dedicated to providing the best possible solutions for creative desktop visual effects of leading production formats. Drawing upon their expertise in film special effects and commercial broadcast production, the creators at eyeon continue to develop qualitative tools to suit realistic working environments, with outstanding product support at no additional charge.
Website: http://www.eyeonline.com

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[3]TM, 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 Matrix Reloaded, Children of Dune, Firefly, Taken, Smallville, Star Trek: Enterprise, Star Trek 10: Nemesis, Daredevil, Spy Kids II, We Were Soldiers, Panic Room, Hart’s War, Driven, A.I., and Oscar®-nominated Jimmy Neutron: Boy Genius. Website: http://www.newtek.com

Digital Fusion and LightWave Used Together
Digital Fusion and LightWave 3D have been used together on films and TV shows like Birds Of Prey, Death to Smoochie, Collateral Damage, Star Trek: Voyager, Sliders, commercials for Airwalk, On-Star, music videos by Janet Jackson, Backstreet Boys, and Papa Roach, and more.

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• eyeon Digital Fusion and Digital Fusion are registered trademarks of eyeon Software Inc.
• LightWave, LightWave 3D and VT, are registered trademarks of NewTek.
• Aura Video Paint, and VT[3] are trademarks of NewTek, Inc.
• All other products or brand names mentioned are trademarks or registered trademarks of their respective holders.