Ulead has announced a new version of their DVD MovieFactory software. According to their press release, DVD MovieFactory 5 is the first consumer disc authoring software to support high-definition video discs.
InterVideo, Inc. (Nasdaq:IVII - News) and its partner Ulead Systems, Inc. (TSE:2487 - News), industry leaders in video, image and DVD software, today announced the latest version of Ulead DVD MovieFactory 5. New features that have been added to the company's consumer DVD authoring package include easy disc authoring, an expanded range of creative options and future-ready support for both the HD DVD and Blu-ray disc formats.

With support for the new high-definition formats, users will enjoy the amazingly sharp images that high-definition video provides while making a giant leap in storage capacity.
DVD MovieFactory 5 will be available in retail stores and at www.ulead.com for USD 49.99 starting in late March. More information can be found here.