Grass Valley ProCoder 3 continues to provide high-speed, high-quality video conversion between multiple formats, incorporating the existing features and workflow options found in ProCoder 2.0, and adding several key new features, including Canopus HQ video encoding profiles, H.264 video encoding/decoding, AVCHD decoding, MPEG-2 Grid Encoding for Multiple/Multi-core CPUs, and Dolby Digital encoding/decoding support for up to 5.1 channels