Tone2 has released FilterBank3, which is described as "more than a filter plugin" - it is a complete plug-in Synthesizer and a flexible Multi-effect Unit. The modular design and flexible modulation routing give you nearly unlimited possibilities. With self-oscillating filters, oscillators and feedback it can create complete sequences and textures. The built-in step sequencer can create rhythmic sequences with some mouse clicks.

Feature overview:

• 58 high-end stereo filters.
• Semi-modular architecture.
• Flexible routing.
• 2 anti-aliased OSCs/LFOs with BPM Sync and 11 wave shapes.
• Alias free FM and AM.
• 12 oversampled types of distortion.
• 20 types of surround delay, reverb.
• 200+ presets.
• Can be loaded as synthesizer as well as effect.
• Vocal filtering, equalizing, phasing, flanging, compression.
• Feedback.
• Step sequencer.
• MIDI learn.
• Autosync to BPM.
• Realtime frequency display.
• Envelope follower.
• Tool tips and help functions.
• VST 2.4 / AU, stereo, 64 Bit accuracy.

FilterBank3 costs €59 / $79 and is available for Windows in VST instrument and effect formats. Mac OS X VST/AU instrument and effect versions are expected to be released this week. A demo version of the Windows version is available.