Creaceed (http://www.creaceed.com) has released version of Elasty, an update of the toolbox for people who like recording movies. It’s for Mac OS X 10.6 (“Snow Leopard”) only.

Elasty gives access to features pretty common in image processing but quite unusual in movie processing, according to the folks at Creaceed. Features include stabilization, motion tracking, special effects, screen breaks, retiming (acceleration adn slow motion) and the ability to rotate, flip, crop and separate rendering for sound and images.

The application is available in English, French and German, and costs US$49.95 .The upgrade is free for registered beta testers of version 2.0.