I just had a look at these, after they showed up on a volume increase.
Their kemeleon technology looks like a complete waste of time. It's nothing but a gimick.
Their compression technology looks useful. Integrating it with MPEG4 could allow for some big bandwidth savings, but I think they are going in the wrong direction.
They are targetting it towards low bandwidth video (mobile phones). This is an area where bandwidth limitations are being removed as technology improved - so longterm, their technology becomes less useful.
If they targeted something like Google Video or Youtube, the bandwidth savings could be huge (certainly millions of dollars worth).
I just had a look at these, after they showed up on a volume...
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