Here's what Izotope say about the Elements Suite 5:
The brand new Ozone Elements delivers essential mastering tools in one affordable package. Balance your audio in stereo with an improved Imager, featuring a new “Stereoize” mode that can bring transparent width and depth to narrow mixes.
Quickly create a custom preset with Master Assistant, which listens to your audio and makes suggestions for loudness and tone. Work faster with improved plug-in performance, smoother metering, and resizable windows that let you see more of your sound without taking up your CPU. It’s the easiest way to get your music ready for primetime.
From the makers of popular audio plug-ins like RX and Ozone, Neutron is designed to bring your mix workflows into the 21st century. The completely new Neutron Elements includes 4 powerful tools for great mixes for less than the cost of a single plug-in. At $129, it’s the easiest way to get your feet wet with all the tools Neutron has to offer, and add some serious power to your plug-in collection. It’s the easiest, most intelligent way to bring unrivaled quality and speed to your mix. New to version 3, Neutron is faster and better sounding than ever before!
RX Elements - Essential audio repair at an affordable price
RX Elements is a budget-friendly noise reduction and audio repair tool for small home studios that need the basics. It includes a standalone audio editor with spectral editing as well as four essential, real-time noise reduction plug-ins to fix clipping, hums, clicks, and other unwanted background noise like amp hiss or air conditioner noise.
New to RX version 7, Repair Assistant uses the digital signal processing in RX Elements to analyze your audio and provide solutions to quickly correct the most common issues. Get the same tools the pros use at an unbelievable price!
Nectar Elements - Vocals, in the mix
Give your vocals professional clarity and polish with Nectar Elements. Using the new Vocal Assistant, Nectar Elements analyzes and adapts to your vocal sound, taking the guesswork out of placing your vocal in the mix and letting you make your vocals stand out in just a few clicks