Tumult’s Hype 3 is an HTML5 design and authoring tool, with an emphasis on animation and interaction. With timeline features similar to early versions of Adobe Flash, it can be used for ecards, presentations, website creation, iBooks content, and even simple mobile apps.
HTML5 animation is definitely on the up. While Flash is still common for animated banners and the like on the web, there are disadvantages. You can’t view them on iOS for a start. And recently, Adobe announced it would be ceasing development of Flash on mobile platforms and putting its efforts into HTML5.