Eden FX Relies Upon NewTek's LightWave 3D^® for Creation of Stunning Visual Effects in "Hellboy"

April 12, 2004

San Antonio,TX - NewTek, Inc., manufacturer of industry-leading 3D animation and video products, announced today that Eden FX, visual effects house specializing in the design, creation and production of Computer Graphics (CG) work for all facets of the entertainment industry, has completed production of over 200 Visual Effects shots for the recently released feature film "Hellboy," using NewTek's LightWave 3D^®.

"For years LightWave 3D has been the cornerstone of our production pipeline," said John Gross, co-president of EdenFX. "LightWave gives us a competitive advantage by allowing us to produce absolutely extraordinary results with a very cost-effective pipeline."

For "Hellboy," Eden FX worked with the film's director Guillermo del Toro ("Blade 2," "Cronos," "The Devil's Backbone," "Mimic,") and Visual Effects Supervisor Edward Irastorza ("Blade," "Blade II," "Cats & Dogs", "Dungeons and Dragons", and the TV series "Hercules" and "Xena.") Eden FX's over 200 effects shots for the film cover a wide variety of effects, including everything from set extensions to CG character enhancements.

"At NewTek we take pride in the ability of the artists who use our software to produce these stunning visual effects," commented Jim Plant, NewTek CEO. "Facilities like Eden FX raise the bar for everyone to push the limits of what great software, in the hands of talented people, can produce."

Leading at the box office in the opening weekend beginning April 2, 2004, and released by Revolution Studios, "Hellboy," is based on the popular comic book by Mike Mignola, and stars Ron Perlman as a demon conjured up by Nazis during World War II, who opts to serve the cause of good rather than evil. For more info, please visit: http://www.sonypictures.com/movies/hellboy/

Pricing and Availability

LightWave 3D [8] is expected to ship within weeks for a suggested retail price of $2799 (inc GST). LightWave 3D [7.5] is available now at authorized New Magic / NewTek resellers Australia and New Zealand nationwide for a suggested retail price of $2799 (inc GST Aust$), and those who purchase from now until LightWave 3D [8] ships will receive free the LightWave [8] Electronic Upgrade Pack, a $495US value. Registered owners of LightWave 3D [7.5] or earlier are eligible to purchase an upgrade to LightWave [8] for $899 (inc GST Aust$).

About Eden FX

Formed in 2000 by visual effects and post-production notables John Gross and Mark Miller, Eden FX continues its role as the primary provider of CG FX for the syndicated Paramount Television series, “Enterprise,” which recently launched its third season on UPN. For new episodes of that show, Eden FX continues to provide more of their Emmy-Award winning visual effects, including two new, entirely-computer generated creatures. Other recent projects include creating unique visual effects for the network series “NAVY: NCIS” and “Jag,” with upcoming projects set to include work for the shows “Six Feet Under,” “Alias,” and “Homeland Security,” among others.

Eden FX offers its clients the creation and production of original imagery for projects in all media, including television, film, music video, commercials, and the Internet. The company specializes in visual effects work in the areas of 3D animation, character animation, 3D tracking, compositing, direction, on-set supervision, and conceptual design and consultation. In the area of design, the company provides services in the areas of titles, broadcast design, motion graphics, print, and web design.

The company is located at 1438 N. Gower St., Building # 50, Hollywood, CA. 90028. The telephone is 323/993-7050. Please visit www.edenfx.com for more information.

About New Magic Australia Pty Ltd

About NewTek

With headquarters in San Antonio, Texas, NewTek is a leading provider of full-featured video editing, animation and special effects tools including VT[3]^TM, and LightWave 3D^®, winner of the 2003 Primetime Emmy^® Engineering Award. 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 television and film projects using NewTek software include Threat, Matrix, Children of Dune, Firefly, Taken, Smallville, Star Trek: Enterprise, Star Trek 10: Nemesis, Matrix Reloaded, Collateral Damage, The League of Extraordinary Gentlemen, Agent Cody Banks, Daredevil, Spy Kids II, We Were Soldiers, Panic Room, Hart's War, Driven, A.I., Oscar(r)-nominated Jimmy Neutron: Boy Genius, Final Fantasy, Blackhawk Down, The Time Machine and Star Trek: The Motion Picture - Director's Edition DVD,

Recent game titles include Doom III, Unreal Tournament, Serious Sam for XBox, Age of Mythology, Civilization III, Dead to Rights, Baldur's Gate II, EverQuest and Escape From Monkey Island. Website: http://www.newtek.com.