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Phoenix Tools and Areté Entertainment Announce Psunami Plug-in for Softimage|XSI

Milan (Italy), January 30, 2002 - Phoenix Tools, a leader in plug-in and shader development, and Areté Entertainment Inc., a leading provider of simulation and rendering technologies, announce today the agreement for the porting of Areté’s award winning Psunami plug-in for SOFTIMAGE|XSI version 2.0, the industry’s first truly nonlinear animation system.

Psunami for SOFTIMAGE|XSI will be a complete solution for photo-realistic animating of wave surfaces, based on exclusive technology owned by Areté. This product will include all the instruments for simulating and visualizing all kinds of water surfaces, such as oceans and rivers,  with the possibility to manage disturbances such as circular waves and curvilinear wakes. Phoenix Tools will integrate Psunami inside the new XSI v.2.0 system and will use the Psunami module of Areté’s proprietary RenderWorld API for integration into SOFTIMAGE|XSI’s workflow. Psunami will be one of the first plug-ins available for XSI v.2.0 and has been developed with the assistance of Softimage. Sure of the quality and success of this product, Phoenix Tools has signed a first right of refusal for the porting of other Areté products.

Pricing and Availability
Psunami v1.0 for XSI will be released by April 2002. Retail price will be announced soon.

About Phoenix Tools
Phoenix Tools is a team of developers and specialists with extensive experience in the computer graphics field, working closely with Softimage/Avid Technology and other computer graphics companies to develop prototypes and new, cutting-edge applications. The company is devoted to supporting moving-picture production companies (film and television) that require dedicated software development to answer the challenges raised by increasing market competition and the demand for more creative content.

About Areté Entertainment
Areté Entertainment, Inc, established in 1996, specializes in providing 3D computer graphics software for photo-realistic simulation and rendering of natural environments and pyrotechnic FX to the entertainment/visual FX industry. AEI’s simulation and rendering products are available across a broad range of graphics platforms including Maya, Softimage 3D|Extreme, LightWave, 3D Studio Max, Electric Image Universe and After Effects.  AEI’s software products have won numerous industry awards and have been used to generate digital imagery for many feature films such as Pearl Harbor, Castaway, Titanic and Harry Potter and the Sorceror's Stone. Areté Entertainment, Inc. now offers Digital GameWare API, a middleware solution for adding real-time natural FX to game environments.

About Softimage Co.
Softimage Co., a subsidary of Avid Technology, Inc., is an industry leader in 3-D animation, 2-D cel animation, compositing and special effects software, designed to address the demands of the film and commercial/broadcast and games/interactive industries. SOFTIMAGE|XSI software, an integral player in Avid's Make, Manage and Move Media strategy, is the flagship product offering from Softimage. It is the industry's first truly nonlinear animation (NLA) system that gives animators and digital artists the freedom to make professional animation, visual effects and games - from major motion pictures, to cartoons and commercials, to animated content for video games and Web sites. The Softimage product family is designed to help users innovate, create and collaborate throughout the production process. For more information about Softimage visit www.softimage.com. For more information about Avid visit www.avid.com.

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