Release date: Friday, August 4, 2006

Cakewalk® Announces Free Update for Project5™ Version 2 and New Lower Street Price

— Free Project5 update will be available in Q1 2007; new street price of $199 USD for Project5 Version 2 effective 08/01/06—
Boston, MA — Cakewalk, developer of the world’s best selling music and sound software, today announces that a major update for Project5 to be available in Q1, 2007. The Project5 update will be provided as a free download for registered Project5 users. In addition, the company has lowered the estimated street price of Project5 Version 2 to $199 USD—effective August 1st, 2006.

The free update will enhance Project5’s current capabilities by adding new features that have been requested by the Project5 community, along with new innovations.

This free update is the beginning of a sustained period of development for Project5. Over the next year, you will see a new attitude and more frequent updates to Project5 as Cakewalk gives the music community more power and control in how they create and perform music.

Availability

Project5 Version 2 has an estimated street price of $199 USD (effective 8/1/06) and is available at select music retailers worldwide. For more information, visit Cakewalk on the web at www.cakewalk.com; or call 888-CAKEWALK (617-423-9004 outside U.S.) 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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