eral Public License. GFWX, Good, Fast Wavelet Codec, was developed by Graham Fyffe at the University of Southern California to store large amounts of video. It encodes and decodes videos faster than earlier compression standards. It can store videos in lossy and lossless formats. With lossy formats, bits deemed non-essential are eliminated when the video is stored. Images on DVDs are stored in lossy formats. V-NOVA's PERSEUS compression software is based on the premise that there is a lot of spare digital processing capacity in the multiprocessing chips that process the complex mathematical algorithms that are the basis of this compression. PERSEUS compression is encoded in parallel rather than in sequential, serial lines www.TechnicalPDF.com of code. The complex mathematical algorithms coded in hierarchical, parallel streams take advantage of the multiprocessing capabilities in digital devices such as set-top boxes, video games, mobile devices, computers, and storage systems where processors can simultaneously process complex mathematical algorithms encoded in parallel streams. According to V-NOVA's co-founder Guido Meardi, the fact that compression enormously shrinks the number of bits needed to transmit data will enable mobile networks to carry vast amounts of video and rich media applications. This is particularly important in countries with older cellular networks not built to transmit bandwidth-heavy video and medical images. Compression that vastly shrinks the number of bits required for medical imaging could bring telemedicine to people in countries with predominantly older cellular networks. V-NOVA's compression is being deployed in Nepal where doctors collaborate over their older cellular network with radiologists in New York City on interpretation of MRIs and x-rays. Compression Applications Streaming TV in India-FastFilmz, an Indian streaming TV provider similar to Netflix, uses PERSEUS compression to stream standard definition (SD) TV compressed down to 128 kilobits per second to customers with 2nd g