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Cakewalk has announced that a major update for Project5 will be available in Q1, 2007; this update will be provided as a free download for registered Project5 users. In addition, the company has lowered the estimated street price of the current release to $199, effective immediately.

Cakewalk states that the update will enhance Project5's current capabilities by adding new features that have been requested by the Project5 community, along with new innovations. This update is the beginning of a sustained period of development for Project5 - over the next year, expect to see more frequent updates.

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