Episode Pro Output from Compressor 3 announced at NAB
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One of the most exciting announcements at NAB for Mac users is Apple's announcement of support of Telestream's Episode Pro plug-in within Compressor. This feature will be supported in Compressor 3. Editors, Compressionist and multimedia professionals will need to purchase an Epsiode Pro license to take advantage of the feature. Once Final Cut Pro users have the Episode Pro license installed on their system the option for output to Episode Pro encoding templates will be available within the output options within Compressor.
What this development means is that from the Final Cut Pro timeline users will have the ability to take advantage of all of Episodes encoding templates and even custom templates created in Episode Pro. So now Flash, Mobile, Real Media, PSP and many other outputs will be available to Final Cut Pro users via Compressor 3.

