General Features:

• Real-time processing with 32-bit Floating Point accuracy.
• ASIO, WDM and MME driver support.
• Support for 8-, 16-, 20-, 24-, 32-bit files with up to 192 kHz resolution.
• Support for WAV, AIFF, AU, Ensoniq Paris 24 bit, Sound Designer II, Ulaw, MP3, MP2 (M.U.S.I.C.A.M.), WMA, AVI Audio, Sun/Java etc..
• Support of Redbook Audio CD and DVD Audio.
• Proprietary file format: OSQ for loss-less compression of audio files for archiving.
• Apogee UV22 HR Dithering.
• Save while work: simultaneous saving of multiple audio files in background.
• Full featured recording with up to eight audio channels.
• Master section with up to eight audio channels and support for surround plugins.
• Professional database for audio files.
• Audio file comparison and analysis.
• Batch Processing with Plug-Ins.
• MTC Synchronization.
• Sampler support for all industry-standard samplers.
• Programmable screen layouts.
• Instant, unlimited Undo /Redo.
• Specifically optimized for Pentium IV, Pentium III, Pentium II, Pentium MMX.
• Various loop and crossfade tools.
• Telephony applications (DTMF generator and more)

Real-time Effects and Functions:

• Real-time analysis of audio signals: Level / Pan, Phase, 60-band Spectrum Analyzer, FFT-Meter, Wave, Bit-Meter (all with up to eight audio channels).
• NaturalVerb.
• Q (parametric 4 band mastering EQ).
• Multiband Compressor.
• Spectralizer (Enhancer), Denoiser, Declicker.
• Voice Attenuator.
• 192 kHz Resampler.
• Puncher.
• Reverb / Echo / Chorus.
• Autopanner, Stereo Expander.
• Externalizer (loudspeaker simulation for headphones).
• Leveler / Peak Master.
• Noise-gate.
• Ducking Tool for voice-over automation.
• VST Dynamics (Gate, Leveler, Compressor, Soft Clip, Limiter)

Audio-Montage Features:

• Innovative, clip-oriented editing system with outstanding performance.
• Support for any output configuration from mono to eight channels, including all standard surround formats.
• Direct import of split and interleaved surround files into separate tracks.
• Clips can be processed with up to 10 virtual effects.
• Track-based effects with up to 10 virtual effects.
• Track volume control and surround panner with automation.
• Track level meter.
• Any number of clips can be placed on any number of different tracks.
• Superimposing two clips automatically generates a crossfade in real time.
• A variety of preset fades are included: exponential / logarithmic/ sinus / square root.
• Unique technology for intelligent overlapping and positioning of clips to avoid phase cancellation.
• Volume and panning can be automated for each clip.
• Smart video thumbnail track with video playback within the track – plus vide tab for larger playback view.
• New picture and realtime text tracks

Off-Line Effects and Functions:

• Time Stretching, Pitch Shifting, Pitch Bend.
• Automatic pitch recognition and pitch adjustment.
• Autosplit function: audio files can be divided based on various criteria.
• Harmonization, Chorus.
• Compressor, Limiter, Gate.
• Normalizer, Meta Normalizer, DC Remover.
• 3D FFT.
• WMA Pro export (incl. 5.1 and 7.1 surround).
• Compatible with XSend/XReceive for audio file exchange with video applications.
• Drag & Drop file support

CD Burning:

• Full Red-book compatible CD burning with enhanced CD burner support.
• On-the-fly CD burning including all Plug-Ins.
• CD Wizard enables the creation of an entire Red-book CD with just a few mouse clicks within the Audio-Montage.
• Individual clips in the Audio-Montage can be defined as CD tracks and burnt directly to CD.
• Label Editor to create custom labels and CD covers.
• Backup tool: storage of projects and data on CDs or other media.
• Audio-in-pause, CD-text support, CD Image import/export, Cue Sheet import/export.
• Data and mixed mode CD burning, ISO image support

DVD Audio Authoring:

• Full DVD Audio support including high resolution stereo and surround formats (all channel modes defined in the DVD Audio specification are supported).
• 16-bit and 24-bit resolution with up to 192 kHz sampling rate. WaveLab can create DVD-A disks up to "stereo, 24 bit, 192kHz" and "5.1, 24 bit, 48kHz", and "5.1, 16 bit, 96kHz".
• High resolution surround support with up to 24-bit and 48 kHz for all six channels (24-bit/96 kHz 6-channel surround requires MLP encoding – currently not supported by WaveLab 5).
• DVD Audio creation directly from Audio Montage.
• Instant non-destructive and reversible transformation from CD project to DVD-A project.
• Support for DVD real-time text and static text, still images, slideshows, and graphic menus.
• Support for ISRC and UPC/EAN codes.
• Automatic creation of menus.
• Support for gapless playback, audio-in-pause, hidden “bonus” tracks.
• DVD Audio grabber (for unprotected DVD-A only).
• Support of DVD-R/RW, DVD+R/RW and DVD-RAM drives.
• Ability to import and burn DVD Video content.
• Support for additional data content.
• Supports up to 9 Groups with up to 99 tracks each.
• Track sub-index support.
• User-defined down-mix coefficients from surround to stereo with direct audio preview