NewTek Sponsors Alliance for Community Media Western Regional Conference

VT[3]TM Integrated Production Suite the System of Choice for Public, Educational and
Government Access Production Needs

Denver, Colorado -- November 14, 2003 -- NewTek, Inc., manufacturer of industry-leading video and 3D animation products, today announced that the company is among the Gold Sponsors of the Alliance for Community Media Western Regional Conference, taking place on November 14th and 15th, 2003, at the Executive Tower Hotel, 1405 Curtis Street, Denver, CO. The conference brings together staff members and volunteer producers of Public, Educational, and Government (PEG) Access media centers in the states of Arizona, California, Colorado, Hawaii, Nevada and New Mexico. NewTek will also exhibit at the conference, showcasing VT[3]™, the real-time uncompressed integrated production suite delivering multi-camera live switching and post production capabilities including nonlinear editing, 2D and 3D animation, character generation, digital disk recorders, and more to the PEG community. As a special promotion, from now until March 31st 2004, NewTek is offering PEG facilities and producers a "VT[3] Live Bundle" special which includes 100 custom PEG CG templates, an SX-8 24-input switcher and an RS-8 switcher control interface for $5495US, an $800US savings.

"We're very pleased to support and participate in this conference," said Michael Kornet, NewTek's Vice President of Business Development. "We are extending our commitment to staff and users of community access with an integrated production suite that is easy to use, powerful, flexible and affordable. The PEG community is picking VT[3] as its system of choice because it provides access stations with a switcher, editor, proc amp, vectorscope and waveform monitor, video paint graphics, character generator, audio mixer, DDRs and 3D animation in a turnkey solution for under $10K."

NewTek's VT[3] is a complete suite of virtual equipment created in software, including monitors, decks, switchers, waveform/vectorscopes, audio mixer and more. This virtual equipment provides a comprehensive toolset that is familiar and easy to understand and use for all professional video production needs from on-air distribution to web streaming. NewTek's VT[3] includes integrated timeline and storyboard editing, paint, 3D modeling and animation, titling, keying, live-switching and much, much more. Also among the system's capabilities are real-time layering and effects for video and graphics in virtually any input standard or file format including DV or uncompressed D1 component video, for the highest possible output quality.

"VT[3] is the most practical, user friendly video suite on the market," said Paul Congo, director of Access Monterey Peninsula. "The fact that a single operator can have such power at his fingertips continues to amaze me. From multi-camera live switched events to one man productions, VT[3]'s flexibility is unbeatable. With budget cycles sometimes years apart, VT[3]'s affordability makes it possible to purchase multiple systems to use for training, remote locations, and in studio."

VT[3] Integrated Production Suite overview:

• Ease of use - designed for professionals who need to get work done on time and on budget
• Complete suite of virtual equipment created in software - monitors, decks, switchers, waveform/vectorscopes, audio mixer and more
• Integrated timeline and storyboard editing
• Multiple layers in real-time - as many as your system can handle - not limited by the software
• Real-time keyframeable color correction and blur
• Multi-format and multi-standard editing, with standards conversion on the fly in real-time
• Real-time playback of compressed and uncompressed clips
• Native DV support, component, Y/C, and composite I/O
• Real-time 3D transitions, slow motion and reverse, chroma and luma keying
• 2D video paint with pixel tracking, filters, more
• LightWave 3D®, Emmy®-winning world-class 3D graphics and animation
• Optional SX-8TM, up to 8-component or 24-composite input Switcher
• Optional RS-8TM Switcher Control Surface
• Optional SDI I/O
• Stream live events or finished productions to the Web in real-time

Pricing and Availability
VT[3] is priced at $2995US. From now until March 31st 2004, NewTek is offering PEG facilities and producers a "VT[3] Live Bundle" special which includes 100 custom PEG CG templates, an SX-8 24 input switcher and an RS-8 switcher control interface for $5495US, an $800US savings. Registered VT[2]TM, owners may purchase an upgrade to VT[3] software for $595US. For information on VT[3], see http://www.newtek.com/solutions/peg.

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, 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 television and film projects using NewTek software include Threat Matrix, Children of Dune, Firefly, Taken, Smallville, Star Trek: Enterprise, Star Trek 10: Nemesis, Matrix Reloaded, Collateral Damage, The League of Extraordinary Gentlemen, Agent Cody Banks, Daredevil, Spy Kids II, We Were Soldiers, Panic Room, Hart’s War, Driven, A.I., Oscar®-nominated Jimmy Neutron: Boy Genius, Final Fantasy, Blackhawk Down, The Time Machine and Star Trek: The Motion Picture - Director's Edition DVD. Recent game titles include Doom III, Unreal Tournament, Serious Sam for XBox, Age of Mythology, Civilization III, Dead to Rights, Baldur's Gate II, EverQuest and Escape From Monkey Island. Website: http://www.newtek.com

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• Video Toaster, LightWave and LightWave 3D are registered trademarks of NewTek.
• VT[3], VT[2], VT-Edit, Aura Video Paint, LightWave Express, VT-CG, VT-Vision VT-Scope, VT-DRR, Tool Shed, Tool Chest, SX-8 and RS-8 are trademarks of NewTek, Inc.
• All other products or brand names mentioned are trademarks or registered trademarks of their respective holders.