From Honest Technology:
HT MPEG Encoder 7.0 is an encoder with high compression rates and fast conversion, and it shows its true performance when used with an Intel MMX products. This easy-to-use program provides exciting MPEG video streams, and with its fast movement-prediction algorithm allows high compression rates and clear-quality video. Also, batch operation and a simple GUI make encoding very easy. This version has faster encoding speeds and improved picture quality and supports WMV 9 and AVI output. With enhanced DirectShow support, most of the files playable with Media Player can be converted.