High performance scalable image compression with EBCOT

A new image compression algorithm is proposed, based on independent embedded block coding with optimized truncation of the embedded bit-streams (EBCOT). The algorithm exhibits state-of-the-art compression performance while producing a bit-stream with a rich set of features, including resolution and SNR scalability together with a "random access" property. The algorithm has modest complexity and is suitable for applications involving remote browsing of large compressed images. The algorithm lends itself to explicit optimization with respect to MSE as well as more realistic psychovisual metrics, capable of modeling the spatially varying visual masking phenomenon.