The Foundry has launched Nuke 4.7, which adds full support for OFX plug-ins, an upgraded version of the FrameCycler flipbook tool, an improved curve editor and a fast new optical flow node -- and reduces the price by 30 per cent.

In addition, the company has announced that a new release of its Furnace for OFX plug-ins is imminent, the new Furnace for OFX toolset will feature 36 advanced image processing tools.

With the price cut, digital artists can now purchase a full Nuke license for just £1,750 plus VAT -- and with a price cut of over 70 per cent, render licenses are now priced at £125.

Nuke began as the in-house compositing and effects application at Digital Domain, where it won an Oscar for Technical Achievement and has been used to generate effects for over 45 feature films and hundreds of commercials and music videos. In March 2007 Nuke became part of The Foundry’s portfolio of visual effects products and is now being developed at its offices in London.

Since the move over to The Foundry, Nuke has seen a number of new enhancements including a brand new optical flow node for accurate retiming operations, a new interface with enhanced tracking markers for Tracker, improved selection methods, support for reading/writing .hdri image formats, an updated colour wheel, FrameCycler Professional 2007 and complete support for The Foundry’s full range of OFX plug-ins.

Launched by The Foundry in 2004, OFX (Open FX) is free-of-charge, open source plug-in standard for developing 2D digital visual effects. The Foundry says that it's through the OFX API that it has been able to provide plug-in support for Nuke so quickly after it acquired its product development.

New plug-ins in Furnace 4 for OFX include, ChannelRepair, ColourAlign, ColourMatte, Contrast, Correlate, DeBlur, DeFlicker2, DeNoise, Depth, FrameRepair, MatchGrade, MotionBlur, MotionMatch, MotionMatte, MotionSmooth, ShadowRemoval, SmartFill, SmartPlate, SmartZoom, Splicer, Steadiness, VectorConvertor, VectorGenerator and VectorWarper.

In addition to the new plug-ins, The Foundry has taken advantage of the latest advances in technology, combined with over seven years of its own research into motion estimation and revisited the existing Furnace for OFX plug-ins to deliver optimised output, enhanced speed, a more intuitive user interface and improve the user experience.

Shipping soon, Furnace 4 node-locked is priced at: £2,200, with Furnace 4 floating priced at £3,300. Existing customers can upgrade for £1,100 node-locked and £1,650 floating.