A paper is available now:
Abstract &
Paper (.pdf).
You can see inside gray level images compressed 100 times, and color
images compressed of about 150 times. Very fast partial
decompression. A few compression examples are shown below.
Original "lenna" 512 x 512 pixels (displayed as 256 x 256)
Compressed 100 times
Compressed 150 times
Original "planes" 512 x 512 pixels (displayed as 256 x 256)