Format: Quicktime

Format Options
-Video Codec: Animation
-Quality: 85 to 100, depending on how critical quality is. 100 is uncompressed.
Channels: RGB + Alpha
Depth: Millions of Colors+ (the "+" indicates the alpha channel)
Color: Straight (Unmatted) - This avoids a luminance shift in semi-transparent a
reas that you get with "Premultiplied (Matted)"
Others use TIFF or PNG image sequences instead of Quicktime Animation, but the u
nderlying concept is the same.