Israel-based Macadamia Apps, have developed StillShot that analyses videos taken on an iPhone and extracts each frame as an individual photo.
http://thenextweb.com/apps/2012/05/14/stillshot-lets-you-easily-extract-images-from-your-iphone-videos/
http://www.youtube.com/watch?feature=player_embedded&v=8UExl8vJKHM
Still photos from video
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