WILMINGTON, DELAWARE — (Marketwire) — 12/14/12 — TMM, Inc. (PINKSHEETS: TMMI) (“TMMI”) or (the “Company”) is pleased to announce the release of a historical overview ( ) of the company and its progress in developing its TRUDEF fractal video compression technology.
Started in the early nineties by Phillip “Taylor” Kramer to develop video compression technology exclusively licensed from Iterated Systems, Inc., TMMI has been revitalized by new management, new investment and a series of technological breakthroughs. In recent private demonstrations to industry leaders, TRUDEF has been proven to be an effective solution to video image quality, reduced bandwidth utilization and efficient digital file storage.
TMMI develops digital video compression technology to provide end-to-end workflow and distribution solutions for cinema, sports, mobile, streaming media, cable, medical imaging, security, defense, space exploration and education. Its TRUDEF technology offers users enhanced image quality, reduced bandwidth utilization; significantly efficient digital media file storage and energy consumption savings.
TRUDEF-s resolution independence will make it possible to compress video that can be played back at higher resolutions with no discernible loss of quality or increase in compressed file size.
A historical overview is available on the Company-s website.
ON BEHALF OF THE TMMI BOARD OF DIRECTORS OF TMM, INC.
GERARD V. CAVANAUGH, CHAIRMAN AND PRESIDENT
A historical overview is available on the Company-s website.
Safe Harbor Statement
The information in this release contains forward-looking statements, which involve risks and uncertainties, including statements regarding the Company-s capital needs, business strategy and expectations. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements, which may be identified by terminology such as “may”, “should”, “will”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “forecast”, “project”, or “continue”, the negative of such terms or other comparable terminology. Readers should not rely on forward-looking statements as predictions of future events or results. Any or all of the Company-s forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions, risks and uncertainties and other factors which could cause actual events or results to be materially different from those expressed or implied in the forward-looking statements. Factors may cause the Company-s actual results to differ materially from any forward-looking statement. In addition, new factors emerge from time to time and it is not possible for the Company to predict all factors that may cause actual results to differ materially from those contained in any forward- looking statements. The Company disclaims any obligation to publicly update any forward-looking statements to reflect events or circumstances after the date of this document, except as required by applicable law.
Contacts:
Via Mail:
TMM, Inc.
118 School Road
Wilmington, DE 19803
TMM, Inc.
Gerard V. Cavanaugh
Chairman and President
1 302 476-2288
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