Fixstars Corporation of Japan has announced “CodecSys CE-10″, the first H.264 encoder that’s designed specifically for the PS3. The product works by installing it on a PC but will allow a way to access the power of the PS3 as a way of accelerating video encoding. Fixstar promises “ultra fast HD encoding” and “high quality low bit rate compression with their new program, and will be showed cased in Las Vegas on April 20th. Fixstar also sent a picture illustrating how the PS3 would interface with the CE-10 program.