Great post from six years ago....confirms what Jay said:
"By the way, how was it that TMMI was able to purchase such a highly desirable product such as TruDef? Why didn't Digital Focus sell TruDef to Sony or Microsoft or some other deep pocket tech company?"
"TMMI and Iterated jointly developed fractal video in the 1990's (Bill Gates did stop by TMMI's booth at the CES in Vegas and later had his private equity firm make an offer which Kramer turned down), TMMI directly contributed about $8,000,000 and MCI $36,000,000. MCI's Peter Olsen was a nutcase and drove TMMI into the ground, it went bankrupt. The company emerged from bankruptcy in 1998 still owning its portion of the source code. TMMI made a deal with DFI to modify its source code in 2000 so it never belonged to DFI to go make deals elsewhere, but the two didn't come to terms over payment until last year when they reached an agreement. TMMI got its original code back plus modification carried out by DFI. Its hard to get a good understanding of TruDef's real value with all the BS going on with the stock, but never the less the coded is what it is".
"If you understand fractal compression you will understand which market it is best suited for and its advantages over other codecs
like those based on wavelets (MPEG in particular) which don't scale as well. The market for large resolutions is enormous!"
TRUDEF Sterling
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