Yes and here are some features...

Features  
Type VST®/MAS™ sound module + multisapled sound banks
Synthesis sample base synthesys
Processing 32 bit floating point
N. of Voices multitimbral with 16 x module
Max N. of Voices up to 128 (16x8 modules) x session in Cubase (CPU dependant)
up to 256 (16x16 modules) x session in Logic™ (CPU dependant)
unlimited in Digital Performer™ (CPU dependant)
Included Sounds Bass, Brass, Drum Kits, Percussion, Acoustic and Electric Guitar, Piano, Organ, Ethnic Instruments, Orchestra, Strings, Vocals, Woods, Winds, Analog Synths and Loops
N. of Effects 4 x voice, selectable among 28 DSP effects (Compressor, Equalizer, Reverb, Ambience, Reverb Delay, Delay, Filter, Wah-Wah, Chorus, AM and FM
Modulation, Flanger, Autopan, Tremolo, Rotary Speaker,
Lo-Fi, Distorsion, Phonograph and Slicer)
N. of Sound Parameters 4 dynamic sound based
Sound Organization user defined folders and categories
Sequencer Compatibility Cubase VST®, Logic™ Audio, MOTU Digital Performer™,
Cakewalk SONAR (using VST-DX Adapter from ) plus any other sequencer (including n-Track,Orion, FruityLoops) compatible with VST®/MAS™ instruments
Import Formats AKAI® S1000/S3000 (using the built in converter)
Platform MacOS®, Windows®