What is a mmip file and how do I open a mmip file?

The MediaMonkey software was developed by Ventis Media to provide users with a set of functionalities for organizing and managing their digital music libraries, and this digital music management application uses these MediaMonkey installation package files. The MediaMonkey program can also be used to open and view the audio data stored in supported digital music or audio formats. Since the content of these MediaMonkey installation package files include source code associated to program updates or additional features that can be patched to existing versions of the MediaMonkey software currently installed in the system, the MediaMonkey program uses these MediaMonkey installation package files as add-ons and application update installation packages. A MediaMonkey installation package file is integrated with source code compilation and encoding specifications proprietary to Ventis Media, and these encoding specifications are used for the MMIP file format. Compression standards also proprietary to Ventis Media are implemented into these MMIP files, which are affixed with the .mmip extension.