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вЂњOur last beta version, which is available free at SpeedBitвЂ™s Web site, works only with the video servers at YouTube, Metacafe, Grouper and DailyMotion,вЂќ says Yarnitsky, вЂњand we offer a premium service for the accelerated downloading of video files from AppleвЂ™s iTunes.

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SpeedBit representatives explain that their software product can increase the video download speed by 400 to 1,000 percent and that the technology even allows users to view films on YouTube without disruption while BitTorrent is downloading at full speed - something that was technically almost impossible before the introduction of the new software. вЂњOur users employ SpeedBitвЂ™s technology to download about 330,000 video films a day,вЂќ says Yarnitsky.

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Yarnitsky previously co-managed ICQ and worked at Pitango Venture Capital, and does not remember such high user registration rates since ICQвЂ™s glory days. вЂњOver 1 million users have registered to use the SVA in the past six weeks, and 20,000 to 30,000 more sign up every day,вЂќ said SpeedBit CEO Ariel Yarnitsky.

The potential of the developing product was immediately clear, and six weeks ago SpeedBit released a new free product вЂ“ SpeedBit Video Accelerator, which will eventually be compatible with all the large video sharing sites.

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The companyвЂ™s software engineers directed their patented processes at video sharing Web sites such as YouTube, and discovered that SpeedBitвЂ™s technology could significantly accelerate the downloading of video files by opening a number of parallel connections between the downloading customerвЂ™s PC and the video siteвЂ™s server. Now that file-sharing networks such as BitTorrent and eMule offer phenomenal download capability for almost any type of file, and Internet browsers also offer a variety of download alternatives for split files, SpeedBit turned to speeding up the next big thing. Indeed, SpeedBitвЂ™s DAP (Download Accelerator Plus) was downloaded by over 134 million users and kept the small company alive throughout the next seven difficult years for the Internet industry. In the companyвЂ™s early days, before the advent of high-speed Internet, SpeedBitвЂ™s two founders, Yerach Feigenbaum and his son Idan, offered a software tool for the faster and more efficient downloading of files from the Internet to personal computers. The Pitango venture capital fund also invested in the firm. SpeedBit has always striven to narrow the gap between the data stream speed expected by Internet surfers and the average ability of the Net. Alleviating this frustration is precisely the business opportunity facing the people behind the Israeli startup SpeedBit Ltd., which currently has 30 employees and attracted its first investment in 1999, from ICQ founder Yossi Vardi. Of course, you can fiddle with the pause button or make a cup of coffee while the player downloads a few more seconds of film, but the viewing experience has lost some of the excitement.ДЄlthough the promise of streaming video on the Internet has significantly improved, it is still accompanied by a measure of frustration: the frames do not always flow as they should.

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TEL AVIV () вЂ“ Anyone who watches videos on the Internet is familiar with this problem: You go to one of the big video sites such as YouTube or Metacafe, you see a video you like and that can be downloaded immediately, but after a few seconds the film suddenly stops and you find yourself staring at a motionless movie player.