Final answer:
The statement is true; 'Exciting' is often the name of an Animation category in various presentation and editing software, characterized by vibrant effects that capture attention.
Step-by-step explanation:
The statement that Exciting is the name of one of the Animation categories of effects is True. In many software applications that provide content creation features, such as Microsoft PowerPoint or other video editing and presentation tools, animations can be categorized according to the effect they bring to the text, images, or other elements. The Exciting category usually includes animations that are designed to capture the audience's attention with more vibrant and noticeable movements or transformations.