PALO ALTO, Calif., Feb. 13 /PRNewswire/ -- Frost & Sullivan selected MatrixView Limited as the recipient of the 2005 Technology Innovation Award in the field of lossless medical data compression for the inventive adaptive binary optimization (ABO(TM)). This technology enables the compression and decompression of digital data without the loss of diagnostically important information. It also helps enterprise networks achieve optimum real-time performance with their existing network infrastructures.
Each year, this Award is presented to a company that has carried out new research that has resulted in innovations that have or are expected to bring significant contributions to the industry in terms of adoption, change, and competitive posture. The Award recognizes the quality and depth of a company's research and development program as well as the vision and risk taking that enabled it to undertake such an endeavor.
"The ABO(TM) achieves increased compression without data losses by following the repetition coded compression," says Frost & Sullivan Research Analyst Preethi Vaidyanathan. "MatrixView has totally changed the method of data storage and transmission for use in the compression of radiological data such as X-rays, ECGs, CTs, and MR scans."
ABO(TM) uses high correlation found in digital content signals and codes them in appropriate bit-planes to significantly compress data. This could be followed with any source coder to complete the compression without loss. This process has helped it address issues of bandwidth shortages, data transfer, and speed of transmission by simplifying the algorithms used in binary coding at both bit and byte levels.
A significant amount of data is lost during the conventional method of conversion of images from Echocardiograms from the spatial to the frequency domain. ABO(TM) not only compresses the image and video files 30 times more than conventional solutions but also eliminates data loss. For radiology images such as CT and MR, the compression ratio is 10 to 50 percent better than existing technologies. Moreover, ABO(TM)'s algorithm is less complex, faster, consumes less power, and ensures maximum security by encrypting the digital content simultaneously during optimization.
"Another drawback with the conventional technology is the use of static file transmission where the diagnosis can be done only after the full image is transmitted," observes Vaidyanathan. "Comparatively, ABO(TM) technology uses progressive transmission where the first image can be seen in the first few seconds after which the entire file is seen."
The first image of a digital scan X-ray comes in the first four seconds and the entire file of 10 MB in five minutes. The doctor can offer a diagnosis even when only 30 to 40 percent of the data has been transmitted. This real-time feature of ABO(TM) will greatly benefit telemedicine and BPOs involved in medical radiological diagnostics.
The company is also working on enhancing its features by allowing the users to view and work on the same document simultaneously in any Internet environment, while at the same time, ensuring additional security and encryption features.
MatrixView's technology has also been used for document scanning and archiving and the company plans to launch an efficient zip solution for Internet transmission. They are also working on developing other solutions such as movie archival, video conferencing, defense-based solutions, security, and surveillance applications.
About MatrixView Limited
MatrixView is a leading core technology company specializing in providing data compression and optimization solutions. The company is developing its patent-pending Adaptive Binary Optimization (ABO(TM)) technology for mission critical industries such as medical, financial services, security, entertainment and defence by addressing the current unmet technology needs in these industries.
Contact: Joanna Soh, EVP Ph: (+65) 63362777 ext 205 E-mail: jo@matrixview.cominvestors@matrixview.com Masitah Wahab Manager, Strategic Marketing and Communications Office: (+65) 6336 2777 ext 202 Email: masitah.w@matrixview.com About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com .
Contact: Stacie Jones 210.247.2450 Stacie.jones@frost.com
Frost & SullivanCONTACT: Stacie Jones of Frost & Sullivan, +1-210-247-2450, orStacie.jones@frost.com ; or Joanna Soh, EVP , ext. 205, orjo@matrixview.com , or investors@matrixview.com , or Masitah Wahab,Manager, Strategic Marketing and Communications, ext. 202, ormasitah.w@matrixview.com , both of MatrixView Limited, +65-63362777
Web site: http://www.frost.com/
