Subtitle Studio 2.0 is based on RadLight Moduled Subtitle System (MSS supports 18 formats).

Currently Supported Formats (RadLight Subtitle Module 1.0.0) :

DVDSubtitle
IAuthor
JacoSUB 2.7+
MacSUB
MicroDVD
MPL2
Philips SVCD
Phoenix Japanimation Society
PowerDivX
RealTime
SAMI Captioning
SonicDVD
SubRip
SubSonic
SubStation Alpha
SubViewer 1.0
SubViewer 2.0
TMPlayer
Turbo Titler
ZeroG

Features :

With Subtitle Studio is possible to create brand new subtitle file.
You can let Subtitle Studio to search for any subtitle file (Filename, Format, Containing Text) on your computer.
With Subtitle Studio's intuitive interface is very easy to accomplish any task (Join, Split, Convert or Edit).

List of Features :

Create New Subtitle File
Set Duration
Delay
Drag and Drop

Join Before Breakpoint
Join After Breakpoint

Split Including Breakpoint
Split Excluding Breakpoint
Advanced Split (After Video Ends)

Conversion between 18 formats (1.0.0 MSS)
And much more ...