- All the original parameters of the Oberheim SEM
- Two oscillators, each offering a sawtooth wave and variable-width pulse wave with PWM, sine wave LFO, 12 dB/octave multi-mode low-, high-, band-pass, and notch filters, and two ADS envelope generators
- Added functionalities include a new LFO, noise, sub oscillator, on-board effects (overdrive, chorus and delay), arpeggiator, and portamento
- Polyphony up to 32 voices and 8 voice multitimbral
- 8-Voice Programmer module
- Advanced Keyboard Follow module
- Modulation Matrix module
- Compatible with iSEM Preset export/import
- Polyphony parameter to limit the polyphony of the plug-in
- "Forward Retrigg" mode for the 8-Voice Programmer for easy use of sequences with the arpeggiator
- "Reassign" mode for the 8-Voice Programmer (as in the original, the SEM V will first use the boards that are not gated in its voice assignment)
- Factory presets from Ian Boddy, Erik Norlander, Richard Courtel, Kevin Lamb, and Drew Newmann
- Sustain pedal active on all systems
- Redesigned preset browser and resizable GUI
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