International Telemetering Conference Proceedings / October 27-30, 1997 / Riviera Hotel and Convention Center, Las Vegas, Nevada / CAPS 2.0 provides a flexible, PC-based tool for meeting evolving data reduction and analysis requirements while supporting standardization of instrumentation data processing. CAPS 2.0 will accept a variety of data types including raw instrumentation, binary, ASCII, and Internet protocol message data and will output Engineering Unit data to files, static or dynamic plots, and Internet protocol message exchange. Additionally, CAPS 2.0 will input and output data in accordance with the Digital Data Standard. CAPS 2.0 will accept multiple input sources of PCM, MIL-STD-1553, or DDS data to create an output for every Output Product Description and Dictionary grouping specified for a particular Session. All of this functionality is performed on a PC within the framework of the Microsoft Windows 95/NT graphical user interface.