JPEG2000 wavelet compression spec approved

BERLIN - The International Standards Organization's JPEG2000 committee has finalized specs for a new algorithm that compresses images up to 200 times with no appreciable degradation in quality. The JPEG2000 spec, which will become ISO 15444 when it's officially approved in 2001, uses wavelet transformations instead of Fourier transforms to achieve the performance gain. UPDATED

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