Cakewalk, developer of the leading music and sound software for Windows, today unveiled the Project5 Version 2 performance workstation. The next-generation of the Project5 open studio environment features a streamlined design, optimized for immediacy, that provides everything you need to take your music from inspiration to studio and stage. Project5 Version 2 has a $429 MSRP U.S. and is scheduled for release in April 2005. Customers that purchase full retail packages of Project5 Version 1 or 1.5 after February 1, 2005 will receive a free upgrade to Project5 Version 2 directly from Cakewalk. Project5 soft synth workstation was introduced in 2003 to address the needs of musicians looking for new, cutting edge environments to create, compose, and perform with live soft synths. Project5 version 1 delivered an innovative, open synth host that combined the best of live input MIDI recording, pattern based sequencing, and ACID loop support, along with great sounding synths and samplers.