Archimedia Technology, a new company whose technology and applications bridge the gap between content producers and their archives without loss of quality, has released Archimedia Master Player v2.1, an update to its software that frame-accurately plays all common archiving and master formats in use today. Version 2.1 adds precise support for timed text, commonly known as closed captions or subtitles, regardless of the standard or vendor — a feature that is especially useful for media companies that work with multiple standards and proprietary caption formats.