The press release can be found HERE.

The biggest thing with this version, in my humble opinion…

Montreal, Canada – April 9, 2009 — Matrox® Video Products Group today announced that release 1.3.1 for the Matrox MXO2 product line is now available as a free download from the Matrox website to all registered users. This release implements important new features including HD-SDI closed captioning support and RED workflow support.

Users will no longer need to spend time and money recreating HD captioning data that is typically lost when editing projects in Final Cut Pro. Matrox MXO2 now offers a unique patent pending workflow to capture, playback, and preserve closed captioning data while editing. Nothing is destroyed. RED users can benefit from Matrox MXO2 to capture, monitor, and playback on set. Back in the post suite, they can use Matrox MXO2 to work with 1K and 2K RED timelines and output to SD, 720, or 1080 via MXO2’s realtime 10-bit hardware scaling feature.

Now while I personally haven’t had to do this yet so I haven’t had that issue, I know plenty of people who have had to do this and this option will be a godsend.

OH! And CPC MacCaption has a press release of their own to coincide with this Matrox announcement. They are announcing that they are co-releasing Matrox 4VANC caption technology with Matrox. That press release can be found HERE.

Matrox MXO2 and MacCaption users can now save both time and money by encoding HD captions directly on their video editing systems, without any additional hardware and with zero generation loss. It is no longer necessary to send HD master tapes to a separate deck-to-deck hardware caption encoding system. Existing closed captions are preserved during capture and print to tape operations, and the captions can be edited or re-purposed for multiple tape formats, optical disk delivery, and the web.

I will have the MXO2 with my laptop at my Colorista demo in the LAFCPUG SUPER Booth (#SL10129) on Wed, April 21 at 4PM