Ohm Force presents Ohm Studio, a real-time collaborative daw / sequencer for both Windows and Mac OS X that looks kinda cool.
Features:
Ohm Studio is scheduled for release in Q3 of 2010. There will be a period of beta testing before launch.
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"Ohm Studio is a standalone real-time collaborative music making application (DAW/sequencer) in addition to a web based collaboration platform and a music driven online cohmunity." Ohm Studio