FELICS
FELICS, which stands for Fast Efficient & Lossless Image Compression System, is a lossless image compression algorithm that performs 5-times faster than the original lossless JPEG codec and achieves a similar compression ratio. == History == It was invented by Paul G. Howard and Jeffrey S. Vitter of the Department of Computer Science at Brown University in Providence, Rhode Island, USA, and was first presented at the 1993 IEEE Data Compression Conference in Snowbird, Utah.