TVersity is a media server for Windows which was created at a point when there wasn't much on the market for a freeware alternative to the expensive programs being offered by some companies.
Though a media server isn't that necessary when you have a large collection of Blu-ray and DVD discs, such a program might become useful when you've downloaded a large portion of your collection from online video services with formats such as AVI, MKV and WMV. Though TVersity is not the best solution for services such as Netflix (Canada) or Hulu (USA), it can be useful if you're trying to stream videos in formats that aren't supported by your device like MKV.
The program interface seems to be powered by Java and you might be able to tell because it's not as responsive as an application programmed in languages like C which were compiled for Windows. Needless to say, it is pretty easy to use even though the response times aren't the best
Though the program is extremely difficult at points to use, it has been able to complete the task of transcoding and streaming video and audio content on the fly, though with few updates in the past year from the staff at TVersity, it's hard to say where this program is heading.
Either way, if you've tried everything out there to get those 4GB MKV files to play on your home video gaming console (like the PS3 or Xbox 360) and they haven't worked, you might find some luck by giving TVersity a try.
Do note that there are two different versions: The Pro and the Free. The difference between the two is rather minimal. The pro version gives you the added ability to access additional online content such as BBC iPlayer and some additional services in the United States. All of these additional "plus services" are region restricted and not applicable to people outside of the USA and the UK.
TVersity is software which can stream media on DLNA devices.
TVersity is licensed as Shareware for the Windows operating system / platform from media servers and can be used as a free trial until the trial period ends (after an unspecified number of days). The TVersity 3.7.1 demo is available to all software users as a free download (Shareware) with potential restrictions and is not necessarily the download of the full version.
Compatibility with this software may vary, but will generally run fine under Microsoft Windows 8, 8.1, 7, Vista and XP on either a 32-bit or 64-bit setup. A separate x64 version may be available from TVersity.