From Online Media Technologies Ltd., UK:

AVS Video Editor is a full-featured editor for advanced video editing. AVS Video Editor enables you to master videos and slideshows with multiple fancy effects and transitions. You can import existing video clips from HDD or capture them directly from DV cams, TV tuners or other input device, AVS Video Editor automatically splits video into scenes that allow you to cut parts from the movie or rearrange the content.
Experiment with transition effects, insert images, text overlays, video animations or apply picture in picture” effect and turn videos into true masterpieces. With the included AVS Audio Editor you can enhance and add any audio from your library to spice up the collection and put the touch of creativity and individuality to it. Automatic scene detection allows you to navigate and edit video files faster and achieve accuracy when deleting or combining scenes, making video editing much easier.
Once you finished the project, you can convert the movie to all key formats and directly upload your videos to iPod, Sony PSP, Archos DVR, Creative Zen, mobiles and portable players – a rare hot feature among today’s video editors!
AVS Video Editor is a unique software in its range that allows you to export movies to DVD or almost any video format: AVI (DivX, XviD, etc.), MP4 (inc. Sony PSP and Apple iPod), WMV, 3GP, 3G2, QuickTime (MOV), SWF, DVD, VOB, VRO, MPEG, MPG, DAT, VCD, MJPEG, Real Video (RM, RMVB), DVR-MS and also burn it to DVD or VCD/SVCD with the included burning tool. DVD authoring and individual DVD menu styles are supported.
AVS Video Editor is a part of AVS4YOU.com package. Register once at avs4you.com and work with all 27 tools from the AVS4YOU.com package. Subscribe for $29/year or $59/lifetime. AVS4YOU tools let you easily rip, convert and edit audio/video files, burn DVDs, create ringtones, upload videos to portable devices, players, phones and much more! As a registered user you can use every utility when you need it absolutely free!