Bywifi (Video Streaming Downloader) is a free program for downloading, transcoding and P2P accelerating video streaming. It supports downloading, transcoding and P2P accelerating videos from all video websites, such as Youtube, Dailymotion, Metacafe, MySpace, Yahoo, etc. Lots of advanced network technologies like P2SP (peer-to-server-and-peer), multiple tasks, web sensitive, intelligence caching are used in the software. The bitrate of video streaming is 3-5 times faster with bywifi than without it. Moreover, it can transcode videos into mobile formats for mobile phones and PDA.
The download url is http://www.bywifi.com/bywifi_file/download/bywifi_setup.exe

Software Features
1. P2P Accelerate Video Streaming:With P2SP (peer-to-server-and-peer), it speeds up downloading of video streaming. Its better algorithms have accelerated video downloading by more than 3--5 times.
2. Downloading Video: With automatically flash stream detection, video contents on many websites can be downloaded easily and free. The feature supports IE browser.
3. Transcoding Video: Videos can be transcoded into many formats supporting any mobile phones and PDAs, such as Nokia, iPhone, SamSung, iPad, iPod, and PSP.
4. Resume Video Automatically: For the same video, it does not need to buffer again when you close the Web Browser.
5. Search Hot Video: You can search video with bywifi. It is easy for u to watch the new, hot and cool video.
6. The software supports Windows 95, 98, Me, NT, 2000, XP, 2003, and Vista.

They want to protect their ideas since their data was stolen by a team member who decided to leave (!).