Aly James Lab has released Elastic Bender, a peak triggered audio pitch bender effect plug-in with extended functions for Windows.
The Elastic Bender is based on emulated dual BBD (bucket brigade delay) chips which delay times are modulated by the peak triggered envelope. While the incoming audio peaks are detected by the circuitry, they will trigger an audio pitch envelope that will dynamically bend the note (s) from lower to the actual pitch or from higher to the actual pitch.
You can act on the depth and the speed of the pitch envelope and also make some unusual dynamic chorus, wild flanger, ring modulation and early vintage pitchshifter effects.
The virtual pedal can also “self oscillate” when the feedback is set to the max and control external hardware such as a Whammy 5 pedal via MIDI.
The plug-in is available for Windows (VST) for a minimum donation of 15 EUR. An OS X version will be available in 2015.