MGI Software Showcases MGI VideoWave for BeOS

RELEASED NOVEMBER 16, 1998

For more information contact:

MGI Software Corp
Shelly Sofer, shellys@mgisoft.com
905-707-3609

MGI Software Showcases MGI VideoWave for BeOS
The Next Generation Product for Easy PC Video Editing Delivers the Power to Create Wonder

  LAS VEGAS, NV -- COMDEX/FALL '98, BeOS Booth S7114, Sands Convention Center -- November 16, 1998 -- MGI Software Corp. (TSE:MGI), acknowledged for defining easy PC video editing with its award-winning and number one selling retail product MGI VideoWave, will showcase a version operating on BeOS. MGI VideoWave for BeOS takes the same intuitive approach to video editing that proved so successful for its predecessor, but delivers more power, a greater level of control, and will provide support for both traditional analog and DV hardware devices.

MGI VideoWave for BeOS continues to take the unique and innovative approach to PC video that garnered its predecessor wide critical acclaim - a Best of Comdex Finalist, two PC Magazine Editors' Choice Awards, a Win100 Award plus consistent recognition from Windows Magazine on the WinList, and most recently a 1998 PC Computing MVP Finalist Award. By replacing complicated timeline interfaces with its intuitive StoryLine, MGI VideoWave for BeOS allows users to focus on the essence of what video is all about-telling a story. The software is packed with powerful editing features that allow the user to create wonder, by quickly and easily applying special effects, titles, transitions, audio tracks and even mixing two clips as one (i.e. chroma keying). Additionally, all of MGI VideoWave for BeOS's sophisticated editing capabilities are executed with drag-and-drop, point-and-click simplicity, so the experience of editing videos is as rewarding as the results.

Delivering DV, the Next Wave in Easy PC Video Editing MGI VideoWave for BeOS will provide support for both traditional analogue video capture hardware, USB cameras, and the new, next generation Digital Video (DV) camcorders and PC connection standards (IEEE1394). The software is designed to enable the coexistence and cross-compatibility of both analogue and DV, so the user can work in and with both formats seamlessly, leveraging their investment in their VCR, camcorder and traditional video capture hardware, while moving to the new digital realm.

New, from the Company that Defined Easy PC Video MGI VideoWave for BeOS adds more power behind its innovative StoryLine approach to video editing, making even the most complex functions as simple as a few clicks of the mouse. The software will include new "cutting room" and "darkroom" modes for trimming and refining clips. Twenty-four new transitions for a total of 52. A new six-track stereo audio engine that provides more robust audio editing, improved quality and the ability to control a CD ROM for audio recordings. The text titler will include drop shadows, outlines and anti-aliasing for creating smooth, clear titles and credits. Moreover, the overall functionality in MGI VideoWave for BeOS provides fast performance and better quality results.

Designed for the Home and Business User MGI VideoWave for BeOS will include an introductory video and interactive tour that leads users through each of its powerful editing functions, allowing the user to quickly become familiar with all aspects of video editing. The software will also ship with useful "theme" video content and animated sequences for users to incorporate into their video productions. Whether capturing baby from her initial crawl to the momentous first steps, the surprise birthday party, or the family vacation, MGI VideoWave for BeOS delivers an easy and rewarding experience, with professional results. And it's ideal for business - like adding impact to an important business presentation, creating video-based marketing materials, making training videos or producing video for the Web.

MGI VideoWave for BeOS makes it easy to create videos in AVI, MPEG, DV and Web video formats, for playback on computers, the Internet, output back to tape or DV devices. The Produce Wizard tailors the video production process for both beginners and advanced users, and allows them to define and save production settings in templates for future use. MGI VideoWave for BeOS also provides users with better control when playing a video full screen for outputting to a VCR through a TV out card.

About MGI Software
MGI Software is changing the way home and business computer owners experience photography and video. The company has quickly become a market and technology leader with its award-winning products and its relationships with leading manufacturers driving the union of computing with photography, video, and television. MGI's partners include leading firms in the photo industry, online service suppliers, and manufacturers of digital cameras, computer hardware, software, and consumer electronics. With more than 12 million copies shipped in two years, MGI's PhotoSuite and VideoWave are the leading brands in retail and OEM distribution spanning 25 countries. According to market research firm Dataquest, MGI Software has captured a worldwide installed base market share of 44 per cent in consumer photo software, 8 per cent more than its nearest two competitors combined. In 1997, Intel Corporation invested in MGI and entered into related product development and marketing agreements. MGI Software shares trade on The Toronto Stock Exchange (Symbol: MGI). For more information visit http://www.mgisoft.com.

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Copyright(c) MGI Software Corp.,1998. MGI, MGI PhotoSuite, MGI VideoWave and PhotoStreet.com are trademarks or registered trademarks of MGI Software Corp. All other company and/or product names are trademarks and/or registered trademarks of their respective manufacturers.

About Be

Be, Inc., founded in 1990 by Jean-Louis Gassée, is a software company focusing on building new foundations for the next generation of digital content and media design tools. With a team of industry-leading engineers and business executives in the United States and Europe, the company is dedicated to removing the limitations of existing computer architectures and delivering a new level of price performance.

In July 1997, Be published the first public release of the Be Operating System (BeOS), the core product of this strategy. Additional information on Be and the BeOS is available online at http://www.be.com/. Be, Inc. is headquartered in Menlo Park, California.