VP3 is designed to produce high quality video that is highly compressed and yet easily played back on today's computers. Movies of varying screen dimensions can be encoded at different datarates and played back efficiently on a number of different platforms. It can be streamed efficiently over the web, or played off of a local disk drive, compact disc or digital video disk. Applications for this technology include video electronic mail, video web broadcasting, videoconferencing, video games, medical imaging, and digital VCRs.