JPEG-2000 is an emerging standard for still image compression. This paper provides a brief history of the JPEG-2000 standardization process, an overview of the standard, and some description of the capabilities provided by the standard. Part I of the JPEG-2000 standard specifies the minimum compliant decoder, while Part II describes optional, value-added extensions. Although the standard specifies only the decoder and bitstream syntax, in this paper we describe JPEG-2000 from the point of view of encoding. We take this approach, as we believe it is more amenable to a compact description more easily understood by most readers.