Wavelet transform theory is an efficient multiscale formalism for analysing
local structures. This philosophy, when incorporated within quantum mechan
ics, demands that there be a naturally corresponding, localized quantizatio
n theory, in contrast to the variational formalisms in the literature. Thro
ugh the recently established equivalency formalism between moment quantizat
ion theory and continuous wavelet transform theory (Handy C R and Murenzi R
1998 J. Phys. A: Math. Gen. 31 9897 and Handy C R and Murenzi R 1999 J. Ph
ys. A: Math. Gen. 32 8111), we argue that a new quantization prescription c
an be defined in which the kinetic energy termis set to zero at the (comple
x) turning points (or turning hypersurfaces). We establish this, both For o
ne- and two-dimensional systems, and clarify the relevancy of multiscale wa
velet analysis in this quantization process.