PICVideo M-JPEG Codec v3 - Fastest Motion JPEG Video Codec.
PICVideo is the fastest M-JPEG codec available, and is perfect for viewing Motion JPEG files on Windows Media Player.
It offers incredibly high-speed compression and decompression of M-JPEG streams.
The PICVideo M-JPEG Codec is both a Microsoft Video for Windows Codec and a Microsoft DirectShow Transform Filter Codec.

Features:

System Requirements - Windows NT/95/98/2000/ME/XP
Compatible with Adobe Premiere, Video for Windows, DirectShow, ActiveMovie, Ulead Media Studio applications, and more.
High Speed Compression & Decompression.
Facilitates high-speed video editing through optimized compression and decompreswion.
Compression technology is optimized for speed on Intel Pentium IV, AMD Athlon, Intel Pentium III, and Intel Pentium II MMX class processors.
Create and view single or multi-field M-JPEG streams.
Automatically adjusts for most non-standard Motion JPEG streams.
Decompress all M-JPEG AVI files.
Patent-pending, advanced deblocking available to improve quality of highly compressed video

Video Colorspaces

Grayscale RGB8 M-JPEG streams
Color RGB8, RGB555, RGB565, RGB24, RGB32 M-JPEG streams
Planar YUV including IYUV/I420, and YV12 M-JPEG streams
Packed YUV including UYVY, YUY2 M-JPEG streams
Correctly encodes YUV
Restores improperly encoded YUV videos during playback
Adjust brightness & contrast during playback

Download the MJPG codec: Click here

Right after the installation is complete, the codec is available for AVI output format in Movavi Video Converter. To learn more on how to choose the fight codec for AVI format please click here.