Missing new watermark function in Lightroom CC Version 4.0

Hi,

i understand that with version 4.0 finaly the watermark function should be available finaly in lightroom CC desktop as described here:

Now i have the Lightroom Version but i cant find this function.

What the hell?

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Participant

OK- I found it.

The function is of course only available for export in TIFF and JPEG

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