ColorSqueeze Image Compression software for MacOS, was the second digital imaging app designed by me and shipped by Kodak. I worked with our local Mac developer, Tom again, and oversaw the design and development of this application.
ColorSqueeze used the Transbit algorithm to compress images and store them to disk. It could take a photographic image and compress it to fraction of it's original size with barely any loss of quality. You couldn't tell the difference with the naked eye. However, it was very similar to the JPEG standard which was released shortly after ColorSqueeze shipped, making the product obsolete.
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