FOR IMMEDIATE RELEASE

NewTek, Inc., Enhances Forums with Opportunity Center

Expanded Classifieds Section Extends Services Forums Offer Users
Beyond Typical Support Areas

San Antonio, Texas -- October 18, 2002 -- NewTek, Inc., manufacturer of industry-leading 3D animation and video products, today announced announced the "Opportunity Center", an expanded classified ads section where product users can post job openings, resumes, service listings and other notices. The Opportunity Center also includes areas where schools and training centers can post their training offerings for NewTek's LightWave 3D®, VT®, and Aura Video Paint. Producers of books and tapes for training on NewTek's line of products may also list their products in the Training and Education sections or in the Buy/Sell/Trade sections.

"We're very oriented to our user community," said Chuck Baker, director of corporate communications and the administrator of NewTek's Forum. "We have the support sections typical of a manufacturer forum but we also have community areas where the users discuss pretty much any topic of interest in their industry. With the new Opportunity Center, we also now provide a community resource for employment, education, and even a little swap-and-shop."

The recently added forum area has been expanded today with several new sections, and now offers the following sections:

• Job Listings - LightWave 3D®
• Job Listings - VT®/Aura Video Paint
• Services and Resumes - LightWave 3D®
• Services and Resumes - VT®/Aura Video Paint
• Training and Education - Lightwave 3D®
• Training and Education - VT®/Aura Video Paint
• Buy/Sell/Trade - LightWave 3D® related
• Buy/Sell/Trade - VT®/Aura Video Paint related
• Buy/Sell/Trade - Computer Hardware

Availability
NewTek's Forums are located at: http://www.newtek.com/discussion/discussion.html

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. 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 film and television projects using NewTek software include We Were Soldiers, Panic Room, Hart's War, Driven, A.I., Oscar®-nominated Jimmy Neutron, Boy Genius, Final Fantasy, Blackhawk Down, The Time Machine, Black Knight, How The Grinch Stole Christmas, The 6th Day, Jurassic Park III, Behind Enemy Lines, X-Men The Movie, Star Trek: The Motion Picture, Director's Edition DVD, Pitch Black, Dracula 2000, Star Trek: Enterprise, Roughnecks: Starship Troopers, Star Trek: Voyager, Star Trek: Deep Space Nine, The X-Files, The Family Guy, Ally McBeal, Dune: The Miniseries, Dawson's Creek and Family Law. Recent game titles include Deus Ex, Serious Sam I and II, Twisted Metal: Black, Civilization III, Unreal, Quake 3 Arena, Moto Racer World Tour, Giants for PS2, Baldur's Gate II, EverQuest, Planescape: Torment, Dead To Rights, and Escape From Monkey Island. Contact NewTek at 5131 Beckwith Blvd, San Antonio, TX, 78249. Phone: 210-370-8000, fax: 210-370-8001, website: http://www.newtek.com.

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• 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.
• All other products or brand names mentioned are trademarks or registered trademarks of their respective holders.