Macromedia have released an exporter for Max R3.x that allows tight integration with Director 8.5 Shockwave Studio. The exporter includes support for Multi-resolution mesh technology, providing streaming previews and levels of detail within 3ds max, character studio biped and physique character animation, and the preview options to view a scene as it will be rendered as Shockwave 3D content. A 3ds max 4 version will be following shortly.

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