Streaming Memorystream with vlc(lib)?

[Trucki]

Hi,
I'm working with an industrial Camera which delivers me a Memorystream containing the Image Data in my Borland C++ application.
Now I want to sent a videostream which is created from the image data over LAN to another PC. On the other PC I also have a running application.
If possible I don't want to force the user to install vlc activeX.

Is it possible to do this with the vlclib.dll ?

Thx
Trucki