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TrackSpacer is a 32-band EQ that analyses a track via an external sidechain and then applies the opposing frequency curve to the track you place the plug-in on in real time.
As implied by name, TrackSpacer cleverly creates space or room in a mix for any instrument, voice, or other audio source by performing automatic, multi-band equalisation on a per track basis.
But how, exactly, does it do that, then? Quite simply, it analyses the audio frequency content in a track/bus via Sidechain, and applies an intelligent 32-band EQ to subtract those frequencies from the channel/bus where TrackSpacer is inserted giving room or space to a specific track by reducing its frequencies on another track in realtime, in other words!
It is not a multiband compressor, it is not a dynamic EQ, it's a completely new approach.