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NewTek SpeedEDIT™ 2 Now Shipping

SAN ANTONIO – January 26, 2010 –

NewTek Inc., manufacturer of industry-leading video and 3D animation products, announced today that it is now shipping SpeedEDITâ„¢ 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, QuickTimeA® 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 Designâ„¢ 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]â„¢ 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

Benefiting producers and artists with its cost-effective and groundbreaking technologies, NewTek Inc. is a leader in portable live production, video editing, 3D animation and special effects tools, including SpeedEDIT, the TriCasterâ„¢ product line, 3PLAYâ„¢ and LightWave 3DA®. NewTek has won numerous industry accolades, including two EmmyA® Awards.

Clients include: Fox News, BBC, NHL, NBA Development League, MTV, Nickelodeon, the Steve Harvey Radio Show, CBS Radio, ESPN Radio, ESPN X Games, Fox Sports, the Department of Homeland Security (DHS), the North American Aerospace Defense Command (NORAD) and the National Aeronautics and Space Administration (NASA). NewTek products have been used in blockbuster films and television shows, including “Avatar,” “Angels and Demons,” “Battle for Terra,” “The Dark Knight,” “Iron Man,” “Tropic Thunder,” “V,” “FlashForward,” “Lost,” “Fringe” and more.

NewTek is privately owned and based in San Antonio, Texas. For more information, please visit:

www.newtek.com

.

# # #

– 3PLAY, DataLink, TriCaster VM, TimeWarp, LiveControl, SpeedEDIT, VT[5], iVGA, LiveSet, LiveMatte, LiveText, LightWave CORE, 3D Arsenal and LightWave Rendition are trademarks of NewTek Inc.

– The TriCaster product line includes TriCaster, TriCaster DUO, TriCaster PRO, TriCaster STUDIO and TriCaster BROADCAST, which are trademarks of NewTek Inc.

– LightWave and LightWave 3D are registered trademarks of NewTek Inc.

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

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