Electric Image has performed a management buy-out from Play and should soon be releasing the beta of its long-awaited Universe upgrade for its eponymous 3D application, according to a statement from the now-independent company. Play bought Electric Image almost two years ago to obtain special effects technology for its Trinity broadcast-studio-in-a-box. However, since then Universe has made a series of notable non-appearances – including forcing Play to pull out of this year’s Siggraph show in New Orleans due to a lack of anything to show.