Will Matrix View Universal (MVU) replace JPEG ?

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Are you ready to say goodbye to JPEG ?

Arvind Thiafarajan, co-founder of Singapore based MatricView invented shrinks images into a format called a MatrixView Universal, or MVU. The image in MVU format is 15 to many times smaller than a JPEG. But unlike a JPEG, which omits details, an MVU is as precise as the original.

Via: Business2.0

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