Release date: Tuesday, August 26, 2003

Cakewalk® Acquires Ultrafunk Audio Plug-in Technology

Boston, MA (August 26, 2003)—Cakewalk, developer of the world's best-selling music and sound software for Windows, today announced it has acquired plug-in technology from Oslo, Norway based, Ultrafunk AS, a leading independent developer of DirectX and VST audio plug-ins for Windows. As a result of this acquisition Cakewalk gains exclusive publishing and distribution rights to all Ultrafunk technologies, including the popular Sonitus:fx plug-in pack. Support and future updates for registered Ultrafunk product users will be handled directly through Cakewalk. In addition, registered Ultrafunk users will now become registered Cakewalk customers, eligible for future offers on Cakewalk products and upgrades.

Answers to questions about the acquisition can be found at http://www.cakewalk.com/press/ultrafunk-faq.asp.

The Sonitus:fx plug-in pack is a suite of ten plug-ins, highly acclaimed for their superb quality, clean user interface, full preset management and transparent processing. The plug-in suite includes a stereo compressor, stereo delay, multi-band parametric EQ, noise gate, modulator, multi-band compressor, phaser, reverb, surround sound processor and wah-emulator.

"The acquisition of Ultrafunk products and technologies will translate into more functionality in select Cakewalk products and provide our customers with more choices and flexibility in expanding their studios," commented Michael Hoover, VP of Product Marketing for Cakewalk. "The Sonitus:fx pack also provides a great sounding, low CPU-resource effects solution." he added.

"After a difficult period for Ultrafunk, we decided that the only way our flagship product could survive, was to find a company willing to take over all development and sales. We truly believe that Cakewalk is the best home for our plug-ins and customers," commented Ultrafunk Producer Rune Johnsrud. About Cakewalk, Inc.
Cakewalk, Inc. is the world's leading developer of powerful, yet easy to use products for music creation and recording: Millions of musicians around the world choose Cakewalk products to produce audio for the professional music, film, broadcast, and video game industries. These customers include Grammy® and Emmy®-winning producers, composers, sound designers and engineers. We invite you to learn more about our company and products by visiting www.cakewalk.com.

Cakewalk is a registered trademark and the Cakewalk logo and SONARare trademarks of Cakewalk, Inc. Other trademarks mentioned are held by their respective owners. All specifications and appearances are subject to change without notice.
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