To: Tim McCormick who wrote (4379 ) 10/16/1998 2:47:00 AM From: Scrapps Respond to of 9236
New Wavelet Systems are Poised to Transform Signal Processing Technology ENGLEWOOD, N.J., Oct. 15 /PRNewswire/ -- With potential applications in astronomy, acoustics, nuclear engineering, subbed coding, signal and image processing, neurophysiology, music, magnetic resonance imaging, speech recognition, optics, fractals, turbulence analysis, earthquake prediction, radar, sonar, and computer and human vision, wavelet analysis is a significant technological development that promises to become a standard similar to Fourier analysis. According to Wavelets: A Key Advance in Signal Processing Technology, a Futuretech report from Technical Insights, wavelet analysis offers considerable advantages over traditional Fourier analysis by being able to handle signals of short duration. This means that wavelets can be used to greatly increase the speed of data analysis in many types of applications. ''While wavelets are still in their infancy in terms of commercialization,'' says Peter Katz, publisher of Technical Insights, ''their potential is enormous. They are being investigated as a tool for monitoring the performance of machinery on the factory floor, and the FBI is considering wavelets as a way to save data storage costs in digitizing its fingerprint files. One of the first markets for wavelets will be in programming languages such as C and Fortran. The market in this area alone could reach $30 to $40 million.'' Wavelets: A Key Advance in Signal Processing Technology alerts investors, R&D managers, and corporate executives to the market potential of this emerging technology. It features: -- Perspective -- a concise explanation of wavelet analysis; -- Impact -- a projection of the market for wavelet systems; -- Barriers to Commercialization -- a discussion of problems that will have to be overcome for wavelet analysis to penetrate industry; -- Key Contacts -- background information on key players, including names, phone and fax numbers, and e-mail addresses; -- Patents- - -a listing of patents, identifying those that are available for licensing.Some of the companies and research organizations mentioned in this report include: Georgia Institute of Technology, MIT, Center for Machine Condition Monitoring, and Aware Inc [Nasdaq:AWRE - news]. Wavelets: A Key Advance in Signal Processing Technology is one of a monthly series of Futuretech mini-reports focusing on technologies that will make a difference, from cutting edge technologies that are ready for commercialization now, to more esoteric developments with future potential. Further Details: Peter Savage, Editor-in-Chief, Technical Insights/John Wiley & Sons, 32 North Dean St., Englewood NJ 07631, 201-227-4910. E-mail: insights@wiley.com.