Ovolab has released a new app for Mac users, AAChoo 1.0. AAChoo is a utility designed for converting MP3 music files to the new AAC audio format. The app features drag-and-drop support and iTunes music library auto updating. According to Ovolab:

Ovolab(tm) today released AAChoo(tm), the new essential utility for every music listener.

Ovolab AAChoo easily converts all your MP3 songs to AAC, the new high-quality compact audio format at the core of MPEG-4.

With a simple drag-and-drop interface and complete control over every encoding parameter, Ovolab AAChoo can rip any audio file or movie soundtrack into MPEG-4 format.

AAC technology offers the best-sounding audio on the Internet and Ovolab AAChoo will allow every music maniac to quickly convert his entire library, keeping song tags and folder hierarchies unaltered, as well as automatically updating the iTunes Music Library.

You can find more information about the AAChoo release at the Ovolab Web site. AAChoo is available for US$15.00.