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New NLE from NewTek SpeedEDIT

Even if you have only experimented with 3D animation in your video career, the name NewTek should be very familiar as they have developed some of the most widely used video and 3D animation products in the industry: LightWave 3D, Tricaster and VT[4]. Well, now they are about to be known for something else. At NAB 2006 NewTek announced what they call the "World's Fastest Video Editor," SpeedEDIT.

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SpeedEDIT is a resolution-independent editor that can handle jobs ranging from web video to Hi Def enabling full resolution on-screen HD outputs with FireWire output to camera or deck. All editing functions can be performed directly in the dynamically linked timeline and storyboard interfaces. Here are the speed edit features as they are listed on the NewTek site:

- Resolution independence- edit anything from web streams to HD
- Mix SD and HD clips in the same project
- Supports all frame-rates and resolutions
- 16:9 and 4:3 aspect support
- Live we streaming and recording
- Support for MPEG-2, HDV, DV, QuickTime, Flash and more
- Project output via FireWire to camera or deck
- Real-time HD output on-screen
- Auto white balance correction
- Advanced 4-band selective color selection
- Multi-threaded software runs faster with dual-core computers

SpeedEDIT is expected to ship this summer for $495 USD.

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