True to its new mid-cycle release schedule, Adobe has upgraded the Creative Suite 5 suite to version 5.5. InDesign, Flash Professional, Dreamweaver, Premiere Pro and After Effects were all upgraded with new interactive features to help create rich HTML5 web apps, stereoscopic video and touch-based apps for smartphones and tablets. A new subscription-based model has debuted alongside the suite that lets you rent individual programs for a monthly or yearly fee.

Photoshop will set you back $35 a month, while the entire Design Premium CS 5.5 costs $95 on a monthly basis. The full CS 5.5 Mater Collection suite costs $129 a month. Additionally, open-source framework Flex 4.5 will land on the Mac in June.

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Additionally, the company launched the Photoshop Touch Software Development Kit that lets you create apps for smartphones and tablets and pledged to release three new Photoshop companion apps for iPad that utilize the new SDK. Macworld has a detailed overview of the new features. The new Creative Suite 5.5 will ship by the end of April via the Adobe Store in North America, Authorized Resellers and Adobe Direct Sales. The entire CS5.5 Master Collection costs $2,599. The Design Premium, Web Premium, Production Premium and Design Standard are priced at $1,899, $1,799,  $1,699, $1,299, respectively.

Individual programs are also available, such as the $699 Photoshop, $999 Photoshop Extended, $249 Flash Builder 4.5 Standard, $699 Flash Builder 4.5 Premium, $399 Flash Catalyst, and $699 Flash Professional. As always, education pricing for students, faculty and staff in K-12 and higher education is available.

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