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Making a portfolio site for an advertising executive? Or just want to allow your clients to embed videos into their blog without having to go through YouTube? 
Verb has a built-in video encoding engine that automatically converts videos uploaded in any format to web-ready lightning fast H.264 Video that can be played in Flash. Verb also allows designers to specify the exact size and bitrate at which the video and audio will be encoded. For an example of a Verb site that uses H.264 video, check out Randy Van Kleeck's Portfolio.
Build a personal YouTube for each of your clients.
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