ASF stands for Advanced Streaming Format.
ASF is a highly compressed file format that contains streaming video, audio. When an ASF file is palyed back, content is deliverd to you as a continuous flow of data. You no longer have to wait for the whole video and audio file to fully download before you start to view them. So, this file format is specially designed to run on networks. When an AVI file is compressed and converted to an .asf file, the file begins playing after only a few seconds. ASF files can be played back with the Windows Media Player (provided the appropriate codecs are installed), streamed with Windows Media Services or optionally packaged with Windows Media Rights Manager. You can click here to find more information about ASF format.
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