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San Antonio, Texas -- May 8, 2003 -- NewTek, Inc., manufacturer of industry-leading 3D animation and video products, and TVPaint, Inc., developer of broadcast video paint production tools, today announced that they have reached a new agreement on the development and distribution of the broadcast video paint toolset that NewTek has distributed as Aura Video Paint™. NewTek will continue to include Aura Video Paint with the award-winning VT[2]™ and forthcoming VT[3]™ broadcast production suite. TVPaint will distribute the product in standalone form under new branding.

"We're very pleased to form this new alliance with TVPaint," said Jim Plant, President and Chief Executive Officer of NewTek, Inc.. "This will allow us to focus our marketing and development efforts on our state-of-the-art VT[3] broadcast production suite and our innovative and award-winning LightWave 3D® animation software, while still including a powerful video paint module with our video production products.

TVPaint will offer upgrades to new versions of the rebranded product to owners of NewTek's standalone Aura Video Paint package. TVPaint will also continue to work with NewTek to allow NewTek to provide enhancements to Aura Video Paint as an element of current and future video production suites. From time to time, NewTek and TVPaint will work together to provide a variety of special offers as well, including bundle offerings of the two companies' products.

"We're delighted to continue our association with NewTek," said Sebastien Miglio, of TVPaint, Inc. "We're very excited as well at the opportunity to bring our video paint tool suite to market under our own banner. We have a mature and robust technology that is truly a unique offering and an indispensable complement to any production pipeline."

出處：NewTek.com
責(zé)任編輯：藍(lán)色

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