NewTek Releases Free Upgrade for VT[4]T

Groundbreaking Technologies Bring VT[4] Presentation Capabilities Without Need for Dedicated Scaling and Scan Conversion Equipment

VT 4.5 will be released later this week!

Los Angeles, CA -- SIGGRAPH 2005 Booth #1529 -- August 1, 2005 -- NewTek, Inc., manufacturer of industry-leading 3D animation and video products, today announced the release of VT[4]™ version 4.5, the latest update to the integrated production suite. The update includes new features and production-ready content as well as maintenance and workflow improvements. Leading the list of enhancements, NewTek's groundbreaking technologies for projector output with scaling and software scan converting to allow input users to capture screen data from remote computers. The update is free to registered owners of VT[4], and is available for download at www.newtek.com.

"One of the most beneficial features of VT[4] is how much can be added with a software upgrade," said Philip Nelson, NewTek's Vice President of Video Sales and Marketing. "The fact that we have added over $10,000 dollars in functionality through our scaler and scan converter in a free software upgrade, shows the level of commitment that NewTek has for our existing clients."

"Through participation in the Intel® Early Access Program, NewTek has been able to optimize the latest version of VT[4] for a range of Intel® processors," said Melissa Laird, general manager of Intel's Developer Relations Division. "VT[4] users can match their selection of Intel processors to the tasks they expect to execute and can take advantage of the enhanced performance offered by multi-core processors from Intel."

In v4.5, workflow in has been enhanced with the addition of automated syncing of the Storyboard view when a clip is selected in the timeline view, and the addition of dozens of title templates ready for quick use. The update also includes optimized resource and memory usage – users will see improved performance on their current systems, most noticeably on minimum-spec machines. The version 4.5 update also includes the new NewTek video codec, which can be used in place of the Microsoft DV codec. The codec offers several advantages, including capture in a color-space superior to normal DV clips, and far less system overhead while recording live programs to disk.

VT[4] Version 4.5 New Features:

VT[4] Version 4.5 Improvements:

Pricing and Availability

VT[4] Version 4.5 is a free download for registered VT[4] owners; VT[4] retails at $3995.00. For more information, visit http://www.newtek.com or call NewTek Sales at 1-800-843-8934, overseas callers dial +1-210-370-8000. To locate a NewTek Authorized Reseller link to http://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]™ 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 projects using NewTek production tools include Access Hollywood, Entertainment Tonight, ManiaTV, Battlestar Galactica, Children of Dune and The Final Cut. Clients using NewTek's video production products include NBC, MTV, Paramount Pictures, Zoic Studios, Rainmaker Studios, Area 51, Nissan North America, FEMA, SBC Center – San Antonio Spurs, U.S Navy Reserves, Yale University Medical School, Tulane University, McDonald's, and Saxo Bank. Website: http://www.newtek.com

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