[LINK] Video compression system
rchirgwin at ozemail.com.au
rchirgwin at ozemail.com.au
Sun Feb 18 12:49:02 AEDT 2007
I think the company you're thinking of is Blaze International. Look
through announcements for BLZ on the ASX Website.
I can't comment on the technology...
RC
Stewart Fist wrote:
>A few years ago (probably 5 or more) some guy in Melbourne, together with
>his lawye,r were very actively promoting an invention that they claimed
>could improve the compression of still and moving video images enormously.
>
>Their claims were quite absurd, in my opinion anyway. But they gave
>demonstrations that were obviously convincing, and no one ever exposed them
>as fraudulent
>
>Kodak and a few other major companies looked at the hardware demonstration
>(but were never given a real look at the technology) and decided against
>investing. But all sorts of people got in touch with me at that time asking
>if they should invest in the company/invention. It raised a lot of
>investment interest at the time.
>
>I've lost my files on this, and was just casually wondering if anyone
>remembers the details (names, etc), and knows what happened in the wash-out.
>I think a couple of million dollars of investment money was involved.
>
>I seem to remember that they took the 'invention' to the USA.
>
>
>
>
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