The description of TVersity - Play With New Friends
TVersity is a multimedia server that allows you to serve video, audio and image to any device connected to your local network by using streaming technology. That means that you can use TVersity to view on TV any movie stored in your computer.
TVersity can detect the device that receives the video, sound or image and it automatically encodes the file on the fly so the receiver can play it with no problem.
The main beneficiaries of TVersity are those users who own a last generation videogame station: Wii, PlayStation 3 or XBOX360 because they can receive the video sent by the computer.
It also works with some portable devices such as PSP, iPhone, or Nokia N80. You can check the full list of supported devices here.