Jan Sloot

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Romke Jan Bernhard Sloot (died 1999) was a Dutch electronics technician, who claimed to have developed a revolutionary data compression technique, the Sloot Digital Coding System, which could compress a complete movie down to 8 kilobytes of data— this is orders of magnitude greater compression than the best currently available technology.

Despite the seeming impossibility of such a technique there were investors that saw potential. However, Sloot died of a heart attack one day before an attractive deal was signed with Roel Pieper, former CTO and board member of Philips. Pieper first heard about this "invention" when he was still on Philips' payroll, and it is said that he left Philips because he believed he could invest in a lucrative deal.

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