Derived from Nugen's Paragon — a 3D convolution reverb developed mainly for film and television post production —, the new Paragon ST is squarely aimed at music production. It lacks the 3D functionality of the full Paragon and can only be used in mono or stereo configurations, but other than that, it has the same quality and is quite a bit cheaper: the full Paragon costs $509, Paragon ST is yours for $129 (that's the introduction price, the regular price will be $254).
"Paragon ST is a true convolution reverb with the flexibility and control of a classic algorithmic reverb. We’ve used the same reverb technology as the original Paragon and packed it full of new controls for music producers, including modulation, stereo width and more. Via re-synthesis, Paragon ST offers full control of the decay, room size and brightness of reverbs modelled on recordings of real spaces. There’s no time-stretching, which means no artefacts."
Here's a video on the original (full) Paragon:
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