Beta or prerelease software is not intended for inexperienced users, as the software may contain bugs or potentially damage your system. We strongly recommend that users exercise caution and save all mission-critical data before installing and/or using this software.
From Ascensio System:
You may go to the FileLab Website (applications are launched directly in your browser) and edit multimedia files, add transitions and visual effects and save them for uploading to YouTube, play on Android, iPhone/iPod, Sony PlayStation & XBox, or SWF, FLV formats or share them with your friends, family, relatives via different social networking Websites. If you want to edit a video, or a music file quickly and don't want to install any other third-party software, FileLab is a convenient tool to do it.