Audio plugin developer Spectral Devices has announced that they are closing shop, and making their plugins available as free downloads:

“After careful consideration and deliberation, we have made the difficult decision to cease our company operations. This decision was not made lightly, but we believe it is the best course of action for the future of our organization.

However, we are pleased to announce that we will be making our software available for free downloading to our loyal clients and users. We understand the impact that our tools and products have had on your operations, and we want to ensure that you continue to have access to them even after our closure.

We want to express our deepest gratitude to each and every one of our clients for your support, feedback, and loyalty over the years. It has been an honor serving you, and we are proud of the accomplishments we have achieved together.”

They’ve made three plugins available as free downloads at their site:

• Spacer – a modular creative effects station. Spacer has five effects modules which can be linked in any order, but are also designed to work as independent processing stations in their own right. S
• Pancz – an audio plugin equipped with a powerful multiband transient shaper, clipping tool, precise waveform analyzer and additional tone manipulation effects.
• OCS-45 – Simulate real life cassette tapes and add a lo-fi, vintage feel to your sound.