Software Logix has announced AcoustiGrid 1.0 for the iPad. It’s an US$1.99 music and sound effect synthesizer that’s available at the Apple App Store.

With AcoustiGrid, you can create music and sound effects by painting notes on a grid. You can change instruments and apply effects such as pitch bend, reverberation and echo. You can save and share your creations with other AcoustiGrid users. You can record your audio to multiple file formats and share them with your friends.

AcoustiGrid is designed for anyone to be able to create music loops and effects. For example, you can create a background soundtrack for a movie or sound effects for a video game.