WAVELET.dll is the Software Codec.  It compresses & decompresses raw video 
(including .bmp files).
  Icmapp.exe is a test program that loads a .bmp file and calls WAVELET.dll
to compress the test file, and display it after decompression.
  Aviedit.exe is a simple test program that convert a .avi file(one format)
to another format .avi file(wavelet format). But you must install another
video driver like wavelet.dll
  Since this software codec is Video-for-windows compliant, any Video for 
windows compliant application can use this codec. Adobe Premiere can using 
the wavelet software codec. Selection between PAL and NTSC resolutions and 
field rates is also provided.These supported resolutions are FULL,CIF,
QCIF,QQCIF, and QQQCIF.
  Before load wavelet.dll, you must install it in your system.


    -   Copy WAVELET.DLL to your Windows 95/98 "\windows\system" directory.

    -   Add the following line in the [drivers32] section of the "system.ini"
        file to install the WAVELET ICM (you can find this file in the \windows 
        directory).

        [drivers32]
        vidc.ADV1=wavelet.dll




            Run Adobe Premiere (optional)
            --------------------------------

    -   Install Adobe Premiere Ver 4.0

    -   Run Adobe Premiere.

    -   Select Compression option from the Make menu. The Compression Setting 
        dialog box appears.

    -   Select Devices wavelet Compressors for "Method" in the the Compression
        Setting dialog box.

    -   Click  OK. 

static picture arbitrary sizes between 800*600 and 10*10

Video Formats supported.  
1. Full resolution NTSC   720 Pixels by 486 active lines of video.
2. CIF                    360 Pixels by 243 active lines of video.
3. QCIF                   180 Pixels by 122 active lines of video.

how to run Icmapp.exe and Aviedit.exe ?
I will send you readme.doc ,It include some picture to tell you.