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        PRESS RELEASE
          Contact: Neilson/Clyne
          Tel: (615) 662-1616
          Fax: (615) 662-1636
        FOR IMMEDIATE RELEASE
        
          WAVES EXHIBITS TRANSFORM BUNDLE
        — Powerful new plug-ins offer hi-res sound transformations —
        
          Leading audio software plug-in manufacturer Waves Ltd. is showing the 
          Transform Bundle, a powerful collection of novel and exciting new sound 
          transformation tools. The four plug-ins that comprise the package are 
          Sound Shifter, Doubler, TransX, and Morphoder, supporting sample rates 
          up to 96 kHz. 
        Sound Shifter allows shaping of time and pitch with the 
          ability to pitch shift over an octave with a time ratio of 50-200%, 
          enabling users to fit music to any duration while maintaining fidelity, 
          punch, groove, and transients without smearing. An extensive preset 
          library provides presets for most common (like NTSC/PAL conversions) 
          and some unusual time- and pitch-related applications.
        The Doubler adds dimension and fattens up tracks with 
          double-tracking, exciter-style, and harmonization-type effects. Two- 
          and four-voice doubling are provided with 100 cent detune range plus 
          one octave downshift, and up to 200 cents of pitch modulation, providing 
          a vast range of effects with maximum control including independent gain, 
          pan, delay, feedback, detune, and modulation settings for each voice.
        TransX is the cutting-edge tool for shaping attacks and 
          transients, controlling and shaping dynamics for the punch you need 
          to get your sound across — without the artifacts or cliché 
          “over-squashed” sound. TransX includes wideband and multiband 
          transient contour shaping, automatic transient detection, and control 
          over transient sensitivity, balance, release, and threshold. The result 
          is unparalleled control of dynamics at a level impossible to experience 
          with regular compressors. Users will achieve a better mix without sacrificing 
          dynamics and add life, bite, and punch to a track without surrendering 
          balance. 
        The Morphoder takes the concept of the vocoder and expands 
          the possibilities. It will create the classic voice effects of traditional 
          vocoders, generate modern electronic rhythm tracks, and more. Offering 
          clean and crisp vocoding, the Morphoder adds unique features such as 
          formant shifting and compressor-enhanced filter release dynamics, among 
          others. It’s incredibly fun to use and experiment with, generating 
          unique and innumerable new effects.
        “The Waves Transform package offers four innovative 
          tools in one package,” remarked Gilad Keren, CEO Waves Ltd. “They’re 
          designed to be your ‘secret tools’ for audio magic. The 
          new processors control and shape time, pitch, dimension, punch, and 
          instrument characteristics in a totally new and mind-opening way, allowing 
          users to shape their music in a way that was previously impossible.”
        All of the Transform Bundle processors include comprehensive, 
          intuitive graphic-based displays and superbly-crafted virtual control 
          surfaces that make experimentation fast and fun while allowing rapid 
          access to frequently-used effects from the user’s own palette 
          of sounds and presets. 
        The Transform Bundle supports native and TDM systems via 
          TDM, RTAS, and AudioSuite, on both Windows (including XP) and Macintosh 
          (including OS X) systems. The Waves Transform Bundle is currently available 
          with pricing as follows: Native ($1200.00 MSRP) and TDM ($1800.00 MSRP).
        Nearest Waves dealers and further information on the Transform 
          Bundle can be obtained from the Waves web site, www.waves.com. 
        
        Waves has built a reputation for quality and technical 
          leadership to the professional audio signal processing market. Waves 
          is the market leader for software plug-ins used in the audio content 
          creation process for music, movies, and computer games with over 150,000 
          users worldwide. Waves offers both the broadest selection and the highest 
          quality set of software solutions available. Its software solutions 
          support over 20 different audio editing environments, both for native 
          CPU operation (Windows and Mac operating systems) and DSP accelerator 
          solutions.
        ...ends 555 words
        
        About Waves Ltd.:
          Waves is a leading provider of audio DSP solutions for professional, 
          broadcast, and consumer electronics audio markets. Waves has ten years 
          of expertise in the development of psycho-acoustic signal processing 
          algorithms that leverage knowledge on the human perception of hearing 
          to radically improve perceived sound quality. Waves’ award-winning 
          processors are utilized to improve sound quality in the creation of 
          the world’s most popular music, movie soundtracks, and multimedia 
          titles. Waves offers computer software solutions and hardware plus software 
          solutions for the professional and broadcast markets. Waves also offers 
          semiconductor with embedded software solutions under the Maxx brand 
          for the consumer electronics audio applications. Waves’ Maxx technology 
          dramatically enhances audio performance in consumer applications and 
          has been licensed to several leading companies, including Motorola and 
          Microsoft. For more information, visit the Waves web site at http://www.waves.com.
        Other company and product names may be trademarks of the respective 
          companies with which they are associated.
        Waves Contacts:
          North America Offices:
          Waves, Inc., 306 West Depot Avenue, Suite 100, Knoxville, TN 37917; 
          
          Tel: 865-909-9200, Fax: 865-909-9245, Email: info@waves.com, 
          Web: http://www.waves.com
        Corporate Headquarters Israel:
          Waves Ltd., Azrieli Center, The Round Tower, 21st Floor, Tel-Aviv 67011, 
          Israel; 
          Tel: 972-3-608-4000, Fax: 972-3-608-4056, Email: info@waves.com, 
          
          Web: http://www.waves.com
        Waves Public Relations:
          Neilson/Clyne, Inc., 169-B Belle Forest Circle, Nashville, TN 37221;
          Tel: 615-662-1616, Fax: 615-662-1636, Email: rclyne@neilsonclyne.com, 
          
          Web: http://www.neilsonclyne.com