Improving data compression for digital images/camera

A new method developed (aka algorithms) for digital photos. This new method revolutionary new approach to the way the world compresses, transmits and archives data , especially images.

And How it works ?
REPETITION CODED Compression invented by MatrixView assigns a value of `1′ for successively similar values (pixels) in an image. If the value in an image is different from the previous value, `0′ is assigned and the corresponding original value is stored in a table called `Data Store’. This process is done for all the values in an image. The collection of zeroes and ones is called a bit plane. At the end of the process, there is a `Data Store’ table and a bit plane. Such a process makes it possible to increase the compression without losing any data.
Matrixview home page – this the compnay who invented algorithms.
Full article here and here