NewTek and eyeon Software Announce Two New
Graphics and Animation Systems

New VT® and Digital Fusion® Products Designed
for Video Graphics, Animation and Compositing Artists

San Antonio, TX – September 16, 2002 -- NewTek, Inc., manufacturer of industry-leading 3D animation and video products, and eyeon Software Inc., innovators of 2D compositing and image processing software, today announced two special bundles for the professional video graphics and animation market, combining the production power of VT[2] with the compositing capabilities of eyeon’s Digital Fusion® 4 (DF4) and DFX+. Designed for use in film, broadcast and new media applications, the NewTek/eyeon systems are ideal for DVD authoring of motion menus, creation of show opens, commercials, credit sequences, promos, visual effects and much more.

VT[2] Graphics System: Video Edition
Designed for animators, motion graphic artists, video graphics professionals, and videographers working in standard definition NTSC and PAL, the Video Edition is VT[2] along with DFX+, the 8-bit version of eyeon’s image processing software, and 6 modules: Visual Effects, Keying, Input/Output, 3D Tools, Paint and Particles. DFX+ provides amazing compositing power, including blue screen keying, motion tracking, text tools and much more.

Users can add NewTek’s award-winning LightWave 3D® to the Video Edition for only $995, or existing LightWave 3D® or 3D Studio Max users can use the Video Edition with the 3D software they already own.

VT[2] Graphics System: Film And High Def Edition
The standard definition VT[2] with Digital Fusion 4 and LightWave 3D® is the no compromises, no limits, and complete solution for anyone who wants to create amazing moving images. Render, animate, and composite in any resolution you want, and with full floating point throughout, your color palette is unlimited, too. VT® allows you to create standard definition previews of your film and high def elements on any video monitor.

“People already know the VT as a powerful video tool, but we wanted to make something for the graphics and animation communities, too,” said NewTek founder Tim Jenison “We took some of our core technologies, added some new tools, and joined forces with our friends at eyeon to create these two new graphic bundles that put the power of a five hundred dollar an hour post production suite on your desk for a truly affordable price.”

The VT[2] Graphics Systems provide high end compositing, particle system, video paint, color correction and more including compatibility with many Adobe After Effects plug-ins. The system delivers uncompressed video I/O, with the ability to combine composite, component, DV, NTSC, and PAL sources on the same timeline. Frames from Fusion, DFX+ and LightWave® are available for immediate preview on an NTSC or PAL monitor, providing the ability to see exactly how the final product will look on television. For sharing previews with clients, there are Internet streaming capabilities.

Standard on all systems is VT-Edit with simple, powerful, real-time editing and effects with both a timeline and storyboard interface. Additional tools and graphics capabilities include a waveform monitor/vectorscope, Aura Video Paint and the real-time CrossKeyer, to name a few.

“Digital Fusion’s raw power, sophisticated tools and ease of use made it an invaluable companion during the making of Jimmy Neutron; Boy Genius.” said Dave Adams, animator with Paramount Pictures/Neutronium. “Flexibility is key in deadline intensive production. Fusion afforded me a range of freedom and the immediate feedback that made small miracles a daily occurrence!”
“We are very excited about the alliance between eyeon and NewTek. With so many of the larger post houses using our products, the integration of Digital Fusion, VT[2] and LightWave® will greatly facilitate and enhance their production cycle.” said Isaac Guenard, Digital Fusion’s Product Manager.

Pricing and Availability
VT[2] Graphics Systems will be available October 1st through NewTek's channel of authorized resellers and distributors worldwide. NewTek and eyeon Software product options include:

NewTek and eyeon Software will be showcasing the VT[2] and Digital Fusion product line throughout the U.S. and Canada in the NewTek Next Dimension Tour beginning October 3rd. To find the tour stop nearest you, visit NewTek’s web site at http://www.newtek.com/nextdimension. To locate the authorized reseller nearest you, see http://www.newtek.com/dealers/index.html.

Manufacturer’s list pricing for Digital Fusion® 4 is $4,995US full version and $495US for DF4 upgrade from DF 3.1. Price for upgrades to DF4 from DFX+ vary depending on module configuration. Digital Fusion® 4 is expected to ship in October 1, 2002. Please see www.eyeonline.com for more information.

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 the 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. Contact NewTek at 5131 Beckwith Blvd, San Antonio, TX, 78249. Phone: 210-370-8000, fax: 210-370-8001, website: http://www.newtek.com.

LightWave 3D® and Digital Fusion Used Together
LightWave 3D® and Digital Fusion 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.

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Contact Information:

VT®, LightWave® and LightWave 3D® are registered trademarks of NewTek. VT-Edit, Aura Video Paint, LightWave® Express, VT-CG, VT-Vision VT-Scope and VT-DRR and SX-8 are trademarks of NewTek, Inc.eyeon Digital Fusion and Digital Fusion are registered trademarks of eyeon Software, Inc.All other products or brand names mentioned are trademarks or registered trademarks of their respective holders.