Faster than transcoding
No generation loss
Transcodes to AIC (Apple Intermediate), ProRes, Avid DNxHD, DVCProHD, HDV, and DV
Support for all the popular non-linear editors (Final Cut Pro, Avid Media Composer, Adobe Premiere Pro, Apple iMovie)

Requirements
PPC / Intel, Mac OS X 10.4.11 or later.

Home Page: http://www.divergentmedia.com/clipwrap

Version 2.4.7:
Adds support for new 30p and 25p modes of Panasonic GH2 v1.1 firmware.
Fixes bug with very short file names (1-2 chars).
Fixes problem with AVCHD files that don't start with an I-Frame.