Euclid Discoveries claims that they have a new compression technology that could make it possible to fit 14 movies on one CD.

The firm says its EuclidVision system can compress digital images to make them much smaller than today's most common compression technologies, MPEG-2 and MPEG-4,which were created by the Motion Picture Experts Group. MPEG-2 is the compression system used on today's DVD movie disks. MPEG-4 is a next-generation system that can reduce the size of a movie even further.

EuclidVision uses ''object-based compression," which identifies individual objects shown in a video, then calculates the optimum level of compression for each of them. The current generation of EuclidVision is designed for videoconferencing over telephone lines with limited bandwidth. Euclid Discoveries says its scientists compressed a 25-megabyte conference video to just over 8,000 bytes using MPEG-4, but EuclidVision did four times better, shrinking the file to about 1,800 bytes.

As a result, Euclid Discoveries says a full-length movie that requires 700 megabytes of storage when compressed using MPEG-4 would use just 50 megabytes when compressed with EuclidVision. At that size, 14 movies could fit on a standard CD-ROM disk. As for video downloading, it would take an hour for someone with a 1.5 megabit-per-second broadband connection to download a 700-megabyte file. But 50 megabytes would take less than five minutes.