Adobe today announced Adobe Premiere Pro CS4 version 4.2, a free update for existing customers of Adobe Premiere Pro CS4, Adobe Creative Suite 4 Production Premium, and Adobe Creative Suite 4 Master Collection software. The new version provides compatibility for Panasonic's AVC-Intra format along with updates for leading post-production hardware, including IO support.

Support for AVC-Intra augments Adobe's existing support of tapeless cameras such as RED, Sony XDCAM EX and HD, Panasonic P2, and AVCHD, providing users with the industry's most efficient workflow without transcoding or rewrapping. Additionally, the update will improve performance and stability for Blackmagic, AJA and Matrox IO cards, as well as update an issue introduced by Final Cut Pro 7 in Adobe's Final Cut Pro importer.

For additional details, please see the Premiere Pro CS4 version 4.2 datasheet and this video with David Helmly, Senior Business Development Manager of Digital Video and Digital Imaging at Adobe.