From Video Magic:
123 Video Magic Pro is an easy to use software which enables you to capture and edit videos. Superimpose Videos with Images and Audio.It helps in making professional videos with great ease. With 123VideoMagic Pro transform your photos and videos with incredible green screen/chroma-key software 123VideoMagic Pro. Capture, record, edit, and merge videos; superimpose still images, audios, and cool transitions. Record a new video using a web cam or any other video recording device, or use a preexisting video. Green background of videos and images can be replaced with your own images or videos. Removes green screen from both images and videos. Record videos easily using a teleprompter. Sample theme based images and videos. Merge two videos, superimpose still images to your videos and allows you to superimpose audio to it. Add cool effects and transitions. Publish Videos in AVI, MPG, MPEG, HAV or WMV formats. Publish Images in BMP, PNG, GIF, JPG. Create effects: Make fingertips burst into flames, buildings invisible, change the background of the presenter to Hawaii or get yourself shot with celebrities, 123VideoMagic Pro does it all.
What's new in this version:
Version 5.1 is a bug fixing release and has a slider added to the application for extensive video editing