Upgrade to the popular resolution-independent video editor includes enhanced Sub-Project capabilities and broader high definition (HD) support NewTek Inc., manufacturer of industry-leading video and 3D animation products, has announced that it is now shipping SpeedEDIT 2. This upgrade to SpeedEDIT offers numerous advancements, including support for additional file formats and enhanced Sub-Project capabilities for more flexible real-time layering. "Workflow – it is not like other editors," said Kristopher DeBolt, owner/chief pixel pusher, Digital Matters Productions. "It is fluid – not rigid and makes it easy to move things around and get things done fast." "The pace of production is faster than ever, and editors appreciate a workflow that is intuitive, flexible and easy-to-use," said John Perkins, lead software engineer, SpeedEDIT, NewTek Inc. "SpeedEDIT 2 avoids the unnecessary steps required in other editing solutions, and now offers more versatility with cutting and layering for editors and animators." SpeedEDIT 2 works natively for real-time editing with XDCAM HD, XDCAM EX, QuickTime® and AC3 Audio. This update also transcodes additional formats, including selected types of AVCHD. Sub-Projects now access all of the Control Tree settings for real-time sizing, rotation and overlay functions on groups of clips as if they were a single video clip. SpeedEDIT 2 also offers improved slow motion, with options for interpolated smoothing or enhanced sharpness. For animators, image sequences are displayed as clips in real-time, with support extended to PNG, BMP, Targa, TIFF and JPEG files. SpeedEDIT 2 extends real-time preview and playback with output support for Blackmagic Design and other compatible external video devices. NewTek SpeedEDIT is a resolution-independent video editor designed to work quickly and efficiently on any video project, from high definition (HD) to standard definition (SD) to Web. SpeedEDIT works with almost any video format. Pricing and Availability SpeedEDIT 2 is available for US$995, with an upgrade price of US$249 for SpeedEDIT and VT[5] owners. For more information, please visit www.newtek.com or call NewTek Sales at 800-368-5441, international callers dial +1-210-370-8000. About NewTek NewTek is a leading provider of full-featured video editing, animation and special effects tools including TriCaster®, VT[4]® and LightWave 3D®. 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.

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