PMPlayer Advance v3.1.2 is released. PMPlayer Advance is a video player for the PSP coded by Cooley. It was originally created to view PDF files. PPMs, which are encoded in MPEG-4 AVC or with a size of 480x272.Another important function, you can, thanks to PMPlayer Advance , watch streaming movies on your PSP from your PC via USB Host or Host Net. This will be explained shortly with uun tutorial.

PMPlayer Advance v3.1.2 Changelog:
•fixed can’t play any mkv files created by latest mkvtoolnix(4.2, 4.3, …)

Download: PMPlayer Advance v3.1.2
Source:Here