WavPack software (version 1.0.1) is an audio codec that provides lossless, high-quality, and compressed digital audio. It uses a unique hybrid compression method which allows the user to choose between lossless and lossy formats. The software supports a wide range of audio formats and has the ability to handle high-resolution audio up to 32 bits at 192 kHz. Its key feature is its capability to produce a correction file allowing the restoration of the original audio from the lossy version.