TV Worldwide Chooses TriCaster STUDIO™ to Produce Webcast of 59th Annual Emmy Awards for Technology and Engineering

Ceremony will be streamed live from Consumer Electronics Show
(CES)in Las Vegas on January 7

San Antonio, Texas -- January 7, 2008 -- NewTek, Inc., manufacturer of industry-leading video and 3D animation products, today announced today that its TriCaster STUDIO portable production and virtual studio system was chosen by TV Worldwide to produce and stream its online coverage of the National Academy of Television Arts and Sciences’ 59th Annual Technology and Engineering Emmy Awards at the Consumer Electronics Show in Las Vegas on Monday, January 7, 2008, 10:00 PM ET/7:00 PM PT. Coverage can be seen on www.TVWorldwide.com and www.TVMainStream.com.

“We look forward to working with NewTek, one of our key technology partners, and featuring advanced media technology while honoring the latest innovations in TV and media technology,” said Dave Gardy, Chairman and CEO of TV Worldwide. “We are very excited to produce the online coverage of the Technology and Engineering Emmy Awards, the pre-eminent awards for television and media industry professionals, for the second consecutive year.”

“Having had the honor of winning Technology and Engineering Emmy Awards in recent years, you can imagine how NewTek feels it has come full circle in being asked by TV Worldwide to work with them on this project,” said Philip Nelson, NewTek’s Sr. VP, Strategic Development. “It is a great thrill for us to help share this prestigious recognition of the latest innovations in media technology with industry professionals worldwide, live as it is happening,”

TriCaster STUDIO portable live production and virtual set system provides all of the capabilities of a live remote production truck that enables producers to broadcast or stream live events from locations where the use of remote truck facilities are not feasible. TriCaster STUDIO’s impressive feature set includes component video, balanced audio, six video inputs and advanced switching features, live virtual sets, multiple upstream effects, title graphics, dual virtual playback DDR's and an additional record DDR, live streaming and much more, in a small, 16-pound package. A recent free update to the system adds key capabilities such as additional preview options when switching live camera sources and greater flexibility when creating text and title treatments.

Pricing and Availability
TriCaster STUDIO in NTSC is available in North America for $10,995US. TriCaster STUDIO is also available internationally in dual PAL/NTSC versions. For more information, please visit www.NewTek.com or call NewTek Sales at 1-800-368-5441 (international callers dial +1-210-370-8000).

About NewTek
With headquarters in San Antonio, Texas, NewTek is an Emmy® Award-winning and leading provider of full-featured video editing, live production, presentation, animation and special effects tools including TriCaster™, TriCaster PRO™,  TriCaster STUDIO™, VT[5]™, SpeedEDIT™, 3D Arsenal™, and LightWave 3D®.

About TV Worldwide
Founded in 1999, TV Worldwide developed the first Internet TV network of community-based Internet TV channels characterized as "Internet TV for Smart People." Each channel serves highly targeted communities of people with disabilities to the Homeland Defense industry. Fortune 500 companies, 15 federal government agencies, and numerous International associations, including the National Association of Broadcasters, use TV Worldwide's live and archived state-of-the art video streaming content applications and Internet TV channels. In recognition of the company's unique achievements in new media, TV Worldwide was selected by the National Academy of Television Arts and Sciences (NATAS) to Webcast the Daytime Emmy Awards in 2007 and the 59th Annual Emmy awards for Technology and Engineering in 2008. TV Worldwide has been named one of the streaming video industry's "Hottest Streaming Companies" by Streaming Magazine and CEO Dave Gardy was honored by the magazine as one of the 50 Most Influential People in Streaming Media. Mr. Gardy also currently serves as the President of the International Webcasting Association (IWA: 15.60, -0.24, -1.51%) (www.webcasters.org).

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• LightWave and LightWave 3D are registered trademarks of NewTek.
• The TriCaster family of products include: TriCaster, TriCaster VM, TriCaster PRO, TriCaster PRO FX, and TriCaster STUDIO which are trademarks of NewTek, Inc.
• SpeedEDIT, VT[5], iVGA, LiveSet, LiveMatte, 3D Arsenal and LightWave Rendition are trademarks of NewTek, Inc.
• All other products or brand names mentioned are trademarks or registered trademarks of their respective holders.