Sydney - Monday - September 4: (RWE Australian Business News) -
MatrixView Limited (ASX:MVU) reports the availability of SQZit, a next
generation data compression technology that compresses files nearly 300%
faster than current technologies.
Immediate application is seen in mass market email and database
providers, such as Yahoo!, AOL, MSN.
SQZit enhances and builds on existing compression technology,
which has been in the market for many years, and takes it into the
future generation. Using the patented (pending) Adaptive Binary
Optimisation technology (ABO™), SQZit, reduces database storage
requirements by more than 90%, leading to significant savings to large
corporates and Internet storage businesses.
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