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.)

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About Cakewalk

Founded in 1987 and based in Boston, MA, Cakewalk is an industry-leading provider of software for music and sound creation. The company's award-winning products are used worldwide by more than 1,000,000 users, for applications including audio CD production, film/TV soundtracks, live stage sound, club remixes, computer game sound, multimedia applications, and Internet delivery. For more information call 888-CAKEWALK, +1 (617) 423-9004 outside U.S. or visit Cakewalk on the web at www.cakewalk.com.

Cakewalk is a registered trademark and Project5 and the Cakewalk logo are trademarks of Twelve Tone Systems, Inc. Other trademarks mentioned are held by their respective owners.