Pencil V3 is a rewrite of Pencil that aims to fix major performance and scalability issues of the application. The new version is under heavy development and we are expecting GA builds in June. The following list summarizes important changes in the new version: a) Pencil V3 uses Electron instead of Mozilla XULRunner as the runtime. We expect that by moving into this Nodejs-based environment, the Pencil source code can be much easier for all fellow developers to play with. The fact that Mozilla XULRunner is outdated is also a reason for the movement; b) A new, zip-based file format was introduced to support large documents and better embedding of external bitmaps/resources; c) A new mechanism for page management that dramatically reduces memory usage for large documents; d) Document pages can now be structured into a tree-like model; e) Custom fonts can now be embedded into Pencil .epz documents; f) Printing and PDF export will be improved to support all platforms and with many options; and g) New UI approach. This will be added to World Wide Web Reference Subject Tracer™. This will be added to Business Intelligence Resources Subject Tracer™. This will be added to Entrepreneurial Resources Subject Tracer™. This will be added to the tools section of Research Resources Subject Tracer™.