Ulead Systems announced Tuesday the release of a new version of MediaStudio Pro, the company's professional video editing software. MediaStudio Pro 7.0 includes the ability to show real-time, full-screen video as well as support for dual-processor PCs and Intel's Hyper-Threading technology to speed up rendering, and support for files imported from Macromedia's Flash and Ulead's Cool 3D Studio. The software is set to go on sale next March, priced at $499 for the full version.