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Chromatic Research and Asymetrix announced their intent to develop a complete MPEG-based video editing solution designed to work with the Mpact media processor. Chromatic's MPEG video encoding and Asymetrix's digital video editing software will deliver an easy-to-use, low-cost MPEG-1 video editing package for the PC that works directly with ordinary VCRs and camcorders, according to the companies. They plan to deliver the package in the first half of 1997.