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Apple readying "Motion" graphics application for release

Apple Computer, Inc. is close to releasing its "Motion" real-time motion graphics application, which was previewed at April's National Association of Broadcasters (NAB) conference, sources said.

The Motion 1.0 project is said to be in late beta, and should begin shipping by the end of the summer.

Sources privy to prerelease builds of Motion 1.0 say a bare-bones install of the application requires less than 300 MB of space, in addition to an XSKey USB dongle (not expected in shipping versions).

Although Apple has officially deemed the new graphics motion application "Motion," the project was widely known to company employees and beta testers by its code-name "Molokini," after a popular island off the coast of Maui, Hawaii.

Motion is not the first Apple product to be named after a Maui resort area. In 1999, Apple CEO, Steve Jobs, reportedly code-named the translucent iMac G3 project "Kihei."

At the time, sources said Jobs named the computer Kihei after the Maui hide-away located on the southwest side of the island; a preferred resort area often frequented by the company chief.