August
through December: JPEG2000 Part I (the core
system) in final stage of becoming an International
Standard. Put out to all interested national
bodies in ISO for vote. Should result in acceptance
as a full International Standard in December
2000.
The committee Draft
was elevated to Final Committee Draft.
December
1999:
Agreement was reached on the first Committee
Draft of the JPEG2000 standard.
Significant milestone in the standardization
process.
File extension was changed from .j2k to .jp2
for fear of y2k negative associations.
Through
1999:
Experiments to optimize
the working draft.
1998:
JPEG2000 working
draft defined.
File extension named J2K.
1997:
Call for proposals
and contributions to the standard made.
Algorithm and architecture decided.
Wavelet compression chosen as core.
August
through December 2000: 
