Editshare will release its free non-linear editing platform Lightworks by the end of the month.
A professional version of the software will be available for £38 ($60) per year.
Lightworks supports AVCHD, H.264, AVC-Intra, ProRes, Red R3D, DPX, XDCam HD 50, XDCam EX, DVD, BluRay. DNxHD will be available for an additional payment.
Editshare EMEA managing director James Richings said: “Although we are a little behind our original release schedule, we think the wait has been worth it. We are now able to release Lightworks with more features that will appeal to every type of editor.
“We’re speeding up our recruitment of developers, and we’re making it easier for broadcasters, film-makers and educational establishments to get started with Lightworks,” added Richings.
Editshare said there were 250,000 registered users of the beta version of the software since it was made available 18 months ago. The full software will be available on 28 May.
Editshare acquired Lightworks back in 2009.