Provides a digest of the current developments, open questions and unsolved problems likely to determine a new frontier for future advanced study and research in the rapidly growing areas of wavelets, wavelet transforms, signal analysis, and signal and image processing. Key topics covered include multivariate wavelets, wavelet transforms, time-frequency signal analysis, self-similarity and intermittency problems in turbulence, wavelet image compression, class of band-limited wavelets and multiresolution analysis. For advanced students, practitioners, and professionals working in electrical/computer engineering, applied mathematics, computer science, biomedical engineering, physics, optics and fluid mechanics.