From the press release about the new Adobe Production Studio:

Adobe Systems Incorporated today unveiled Adobe Production Studio, an extension of the Adobe Creative Suite family of products. The most complete post-production software solution available today, Adobe Production Studio combines full new versions of Adobe's world class video and graphics applicationsAdobe After Effects 7.0, Adobe Premiere Pro 2.0, Adobe AuditionÆ 2.0, Adobe Encore 2.0 (also announced today, see separate releases) and the latest versions of Adobe Photoshop CS2 and Adobe IllustratorÆ CS2with time-saving innovations such as Adobe Dynamic Link that deliver a highly efficient workflow experience. Adobe Production Studio also integrates Flash Video (FLV) export capabilities to provide video professionals with a new, fluid method of delivering content to the Web using this ubiquitous Web video standard.


Read the entire press release in the Press Room on Adobe.com.