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When considering what software to use in putting together digital fonts, many considerations need to be taken into account. Some of these may include: what format of fonts you want to output and for what platform(s), what software you plan to do your drawings in, the importance of having a complex/simple interface, your personal work flow, which features of font production are most important to you, &c. There seems to be a font editing application for just about every need. This article will attempt to help you determine which of these programs best suits your needs.
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For a listing of font editing software, see Font Editors.