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Entering the growing Video on Demand space, MatrixStream Technologies finally launched is VOD service via its MyTVPal.com Web site.

At this point its main point of differentiation is that it will offer content in DVD and HD-quality video in 720X480 resolution. It claims that other movie download businesses don't offer this type of quality. They add that their AC3 sound will provide the home theater system effect over the Internet.

To be able to receive the high-quality video, users will have to get MatrixStream's new set-top player, IMX 1020 HD. As a result, you don't have to be connected to the Internet to take advantage of the service. 

Anyone with a broadband connection can use the service, which is offered initially in the North American market. They eventually want to offer 100,000 movie titles and between 700-1000 channels from around the world.