Ocarina Networks announced a challenge about file specific compression: JPEG 2000, h.264 and CAD files. Ocarina will award the winner $10,000 U.S. dollars for each submission that advances the current best scoring compressor by three percent or more, with a total pool of up to $1,000,000 allocated for the awards.
More detailed things can be found at: http://ocarinanetworks.com/news/ocar...2008_0910.html