NI have announced that the KONTAKT 5.0.2 update is now available for free download. The update contains several new improvements and fixes. Main new and improved features:

• Significant Time Machine Pro improvements- wider ranges for speed and tune; new ‘keep formants’ mode when ‘HQ’ is activated

• Improved file import

• Easier and faster activation for KONTAKT Instruments

• Dynamically resizable ‘post-amp’ section in Group Effect Chain

• Invert and Channel Swap functionality in Group amplifier section

• Other small fixes and improvements

You can download the update via the NI Service Center or the Online Update Manager.