From Acala Software:
Acala AVI DivX MPEG Xvid VOB to PSP Convert movie (AVI, DivX, Xvid, MPEG, VOB, VCD, CVCD) to PSP movies. With this program, you are able to enjoy all favorite movies onto your PSP and watch them wherever and whenever you want. The one-click solution design make you be professional, regardless whether you have any basic media knowledge, you will be able to turn your iPod into a media center easily and let the humdrum go away from you.
Version 2.9.6 may include unspecified updates, enhancements, or bug fixes.