Bordeaux, France - June 4, 2002 . NewTek announced today shipment of Video Toaster® [2], the TV-Studio-in-a-Box™ in PAL video standard. The latest release of Video Toaster [2] provides end users with the ability to work in the PAL video format, the primary video standard throughout Europe, China, Malaysia, and many other parts of the world. This follows NewTek's announcement of a major new upgrade of Video Toaster [2] software, which not only delivers over 50 new features and improvements, but also provides for dual NTSC/PAL compatibility at no additional charge.

"For me the biggest news about Video Toaster [2] is that we are finally delivering the promise of affordable broadcast production to the rest of the world," said Tim Jenison, founder and chief technology officer of NewTek. "The PAL standard countries didn't get to join us for the last video revolution because the Amiga Video Toaster was only available in NTSC. This time the Toaster is for everyone."

"This is a significant step for the PAL market," said Franck Lafage, Director of NewTek Europe. "Europe and other PAL standard countries have been waiting for 10 years to appreciate the power of the Video Toaster. We missed the first Video Toaster revolution, but we're ready for Video Toaster [2]!"

Video Toaster [2] is a Windows 2000-based live video production environment. The wide array of integrated software tools includes live switching of component, Y/C, composite, SDI and Firewire® sources; character generation; real-time nonlinear editing of uncompressed and compressed files; 2D video painting and compositing, 3D modeling and animation and much more.

All-in-one
The Video Toaster [2] provides all the following in one integrated suite:

• PAL and NTSC capture and output
• Component, Y/C and Composite Live Switching
• Over 300 real-time digital video effects
• ToasterEdit™ the world's fastest non-linear editing system
• Aura™ [2.5] Video Paint
• LightWave Express™ 3D modeling and animation
• ToasterCG™ character generator
• ToasterVision™ on-screen video monitors
• ToasterScope™ Waveform monitor/Vectorscope
• ToasterDDR™ Digital Disk Recorder
• Desktop DDR Module
• Speed Razor® 4.8SE
• Per input Proc Amps
• Internal time base correction of all inputs
• And more (visit www.videotoaster.com)

Pricing and Availability
The Dual Standard (NTSC/PAL) Video Toaster [2] is available immediately with a suggested list price of 3495 Euro + V.A.T . The upgrade is free for existing Video Toaster [2] customers. The upgrade price from Video Toaster 1.0 PAL to [2] is Free to registered European users. The optional SX-8 Switcher Expansion module retails for 2550 Euro + V.A.T. The optional SDI input/output module retails for 1150 Euro + V.A.T . Video Toaster [2] is available worldwide through NewTek's extensive distribution channel.

Suggested system requirements for Video Toaster [2] are a Windows 2000-based system with a Pentium 4 processor at 1.5 GHz or better, Intel 850 chipset, 512 MB of PC800 ECC RAM, 20GB ATA-100 7200 RPM System drive, Adaptec 19160 Ultra-160/M SCSI Controller, 4 Ultra-160/M SCSI 10,000 RPM Drives striped as a video RAID, and an nVidia based GeForce or Quadro2 graphics card.

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 Video Toaster, LightWave 3D and Aura. 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 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 Europe at 17 avenue Leonard de Vinci, Europarc, 33600 Pessac, France.
Phone: +33 (0) 557 262 262, fax: +33 (0) 557 262 261, website: http://www.newtek-europe.com or http://www.videotoaster.com.