Why, that's Volcanic Seismic Techtonics, of course! Actually, it's Visual Studio Technology, an open source way to expand the capabilities of audio editors and the like.

As far as importing VSTs, it should be as easy as accessing 'Effects->VST->Import VST Effect' from the top menu.

There are lots of free VSTs around the internet. Google is your friend!

Russell1967 System specs: Windows 7 Professional x64; Gigabyte Z77-DS3H motherboard with i5-3579K 3.8Ghz processor with 32GB RAM; Zotac GTX 760 w/4GB; 1xWestern Digital 1TB 10,000RPM HD; 1x Samsung 840 Pro SSD System Drive

VST...Virtual Studio Technology. Way off-topic! HP Envy Phoenix/4thGen i7-4770(4@3.4GHz~turbo>3.9)
Nvidia GTX 960(4GB)/16GB DDR3/
Canon Vixia HV30/HF-M40/HF-M41/HF-G20/Olympus E-PL5.
Tape capture using 6 VCR, TBC-1000, Elite BVP4+, Sony D8 camcorder with TBC.
https://www.facebook.com/BarryAFTT

True, but slightly related to Cyberlink (although not PowerDirector...).

Anyway, moving on...

Russell1967 System specs: Windows 7 Professional x64; Gigabyte Z77-DS3H motherboard with i5-3579K 3.8Ghz processor with 32GB RAM; Zotac GTX 760 w/4GB; 1xWestern Digital 1TB 10,000RPM HD; 1x Samsung 840 Pro SSD System Drive