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NewTek Ships New SpeedEDIT Version 1.2

The latest update to the award-winning SpeedEDIT includes VST, DVC PRO HD, MXF and VC1 Support

The latest update to the award-winning SpeedEDIT includes VST, DVC PRO HD, MXF and VC1 Support

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San Antonio, Texas – July 5, 2007 -- NewTek, Inc., manufacturer of industry-leading video and 3D animation products, today announced the availability of the latest release of SpeedEDIT version 1.2, the next generation of the award winning video editor. This resolution-independent editor is designed to work quickly and efficiently on any video project, from web streams to High-Definition. Amongst the new features included in this version are additional format support, improved plug-in capability and more.

“SpeedEDIT version 1.2 makes the worlds fastest video editor even more powerful – we have significantly upgraded our file format support and added VST support at no additional cost to our current customers.,” said Philip Nelson, Vice president, NewTek sales and video marketing.

New SpeedEDIT 1.2 features include:

WMVHD, VC1 and Windows Media Format 11 file writing support
VST audio filter plug-in support
DVCPro HD (MXF) file reading.
Real-time Output support for NewTek video hardware cards
Time Code burn-in for both local and project timecode
Advanced Crossfade types
Improved performance, quality, and stability
Floating point HDR image reading
Expanded DVD-format writing capability
“Working with multiple formats, frame rates and resolutions is a must in today’s production industry. At the same time, speed is paramount to staying competitive.” said Ted R. Ruiz Sr., Owner, Ad-Venture Video Productions “With NewTek’s SpeedEDIT handling DVCPro files of all types on one timeline in real time, I can’t think of any reason to use another product. My workflow just got more effieicent with SpeedEDIT 1.2”.

Awards
Since its launch in 2006, SpeedEDIT™ has won the following industry awards: 4Ever Group Product Innovation Award 2006; NAB Innovation Award 2006 and Australian PC Magazine Best Buy Award.

Pricing and Availability
SpeedEDIT is now shipping for $495 USD. SpeedEDIT 1.2 is now available as a free download for current SpeedEDIT clients. For more information or to purchase, call NewTek Sales at 800-368-5441 or visit http://www.newtek.com/

About NewTek
With headquarters in San Antonio, Texas, NewTek is a leading provider of full-featured video editing, live production, presentation and visual effects tools including TriCaster™, VT[4]™, SpeedEDIT™, 3D Arsenal™ and LightWave 3D®.