Kymatica has introduced AUFX:Space – a real-time reverb audio effect for AudioBus.

Features:

• High quality 32-bit DSP engine.
• A multitude of parameters to tweak to get a wide range of sounds.
• Process hardware input/output
• Process other apps through Audiobus (input/filter/output slots supported).
• Ready for the future inter-app audio standard.
• Save and load user presets.
• Comes with several bundled presets.
• Fully MIDI controllable, including Virtual MIDI.
• Background Audio.
• Record the result directly in app.
• Email recordings or export to AudioShare audio document manager app.
• Access user presets and recordings through iTunes File Sharing.

AUFX:Space is available for US $3.99.