Philip Nelson

NewTek TriCaster™ and TodoCast™ to Produce and Live Stream Todd Rundgren Pay-Per-View Concert

Fans from around the world can purchase pay-per-view access to historic sold-out musical event

Todd Rundgren will be performing the "A Wizard, A True Star" album in it's entirety

SAN ANTONIO, – August 28, 2009 – NewTek Inc., manufacturer of industry-leading video and 3D animation products, Panacea Entertainment and Todocast™, the affordable portable live satellite web-broadcasting system, announced today that they are offering pay-per-view tickets to a live stream of the upcoming sold-out Todd Rundgren concerts in Akron, Ohio on September 6 and 7 at 6:00 p.m. CT/7:00 p.m. ET and Chicago, Illinois on September 12 and 13 at 8:00 p.m. CT. Todd will be performing his watershed 1973 masterpiece, “A Wizard, A True Star” (AWATS) in its entirety for the first time, plus a second “surprise mystery set.” The ticket offers a two-day pass in each city that includes coverage of the concert and exclusive backstage access.

“Todd is the acknowledged godfather of the convergence of music, video and multimedia technologies,” said Eric Gardner, chairman of Panacea Entertainment and Todd’s manager since 1975. “The AWATS dates will incorporate production on a Las Vegas and Broadway scale, and NewTek and TodoCast’s revolutionary products will allow fans worldwide to take in all of the groundbreaking moments as they unfold.”

“TriCaster packs all of the essential capabilities of a live truck into a 10-pound device,” said Chuck Silber, senior vice president of sales, NewTek Inc. “Concerts and other live events provide the perfect venue to showcase TriCaster’s ease-of-use as a portable live production and streaming device.”

The Akron two-day package costs $20.00 and can be purchased at: www.todocast.tv/toddrundgren/akron. The Chicago two-day package costs $20.00 and can be purchased at: www.todocast.tv/toddrundgren/chicago.

Pricing and Availability
The TriCaster family of products in NTSC is available in North America starting at US$4,995. The TriCaster family of products is available in multi-standard internationally beginning at US$5,995. For more information, please visit www.newtek.com or call NewTek Sales at 800-368-5441, international callers dial +1-210-370-8000.

About NewTek
Benefiting producers and artists with its cost-effective and groundbreaking technologies, NewTek Inc. is a leader in portable live production, video editing, 3D animation and special effects tools, including the TriCaster™ product line and LightWave 3D®. NewTek has won numerous industry accolades, including two Emmy® Awards. Clients include: Fox News, BBC, NHL, NBA Development League, MTV, VH1, the Steve Harvey Radio Show, the Department of Homeland Security (DHS) and the North American Aerospace Defense Command (NORAD). NewTek products have been used in blockbuster films and television shows, including “The Dark Knight,” “Iron Man,” “300,” “Hancock,” “Tropic Thunder,” “Battlestar Galactica,” “Lost,” “Fringe” and more. NewTek is privately owned and based in San Antonio, Texas. For more information, please visit: www.newtek.com.

About TodoCast
TodoCast is the new system of choice for professional videographers, event producers and organizations. At under $30,000, the revolutionary TodoCast kit is the first affordable lightweight satellite dish assembly that mounts to virtually any SUV, pick-up, van, trailer and some cars in just minutes. The TodoCast Content Distribution Network is also vertically integrated to provide TodoCast partners a pay-per-view and advertising engine that enables them to promote and stream live events while generating revenue through paid viewers or advertising revenue. To learn more about TodoCast, visit www.todocast.tv.