As I type this, they don't make the official announcement for another day, but it helps to have a friend in the company.
Ok, audio people, what this software tool, HydraLite, does is analyze one or more sounds, then attempt to synthesize variants. So--let's assume you have that one gunshot sound that you just love--the rest are weak, muffled, just no what you want--but you don't want to use the same sound over and over and over--so let HydraLite attempt to make variants for you! Yes, one could always load audio into a dedicated audio editor (say, Sound Forge) a do pitch shifts-time remaps, EQ curves, etc, etc, etc for variations, but this new HydraLite tool is certainly an exciting option!
The company is aiming this tool at game designers, but film/video folk always need SFX, too!
It's pretty nifty, although the asking price of $199 USD may place it out of the price range of a lot of people for such a specialized tool.http://www.giganticsoftware.com/