Recording

TC Electronic Discontinues Spark, Native Bundle Development

With the introduction during the past year of TC Electronic’s PowerCore FireWire and Element and the announcement of several new third-party developers, 4/16/2004 8:00 AM Eastern

With the introduction during the past year of TC Electronic’s PowerCore FireWire and Element and the announcement of several new third-party developers, PowerCore and its related plug-ins reportedly now account for almost 90 percent of the company’s computer recording revenue. Because of this, the company announced a shift in corporate strategy to focus more resources on its PowerCore platform. As a result, the company will be discontinuing further development of Spark and Native Bundle as of the current versions (Spark 2.8.2 and Native Bundle 3.1).

“PowerCore has been very successful for us, and with growing support from software developers like Sony and Access, users can expect more great things to come," said Uffe Kjems Hansen, VP of product management at TC Electronic. "With such great momentum behind PowerCore, we've made the difficult decision to discontinue development on Spark and Native Bundle so we can give PowerCore the resources it deserves."

TC Electronic will continue to provide support to users of both products through TC Support Interactive (www.tcsupport.tc).

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