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TMM, Inc. To Conduct Private Demonstrations of TRUDEF(TM) Video Compression Software During 2014 NAB Conference in Las Vegas(March 18, 2014)
WILMINGTON, DELAWARE -- (Marketwired) -- 03/18/14 -- TMM, Inc. (PINKSHEETS:TMMI) ("TMM" or "the Company") today announced that it will be conducting private demonstrations of its TRUDEF video compression software during the 2014 National Association of Broadcasters Conference in Las Vegas from April 7 through April 10, 2014.
TRUDEF is TMMI's proprietary fractal-based video compression technology, which promises users "Better pictures. Smaller files."
Originally built in the 1990s, the TRUDEF(TM) codec demonstrations have been scheduled with high-volume bandwidth users such as Content Developers; and Content Delivery Networks as well as with high-value users such as digital camera, TV monitor and peripheral equipment manufacturers; along with closed loop networks and special systems integrators.
TRUDEF demonstrations will be at an off-site location, on an invitation-only schedule. Most attendees are potential strategic partners and prospective customers who have submitted their own test footage to be compressed using the TRUDEF codec. Demonstrations to compression user cable TV, streaming media and closed loop networks will be presented on a special mobile 55" 4K UHD monitor.
"Attendees will have the opportunity to evaluate TRUDEF's performance in private, based on pre-set parameters, according to their specific user needs," said TMM, Inc. CEO Gerard Cavanaugh. "They can evaluate the advantages of TRUDEF technology first-hand according to their real-world applications."
"That's a distinct differentiator for TRUDEF," Cavanaugh said, "Depending on the customer's workflow, distribution channel or special circumstances, each user can pre-set target metrics for quality, bandwidth, compression ratios, speed, data storage and energy consumption and optimize their results.
"Our patented TRUDEF(TM) compression technology holds significant potential for a number of exciting applications that address the global demand for better bandwidth utilization. The potential to significantly reduce bandwidth requirements and improve video quality makes TRUDEF(TM) an ideal candidate to be a disruptive force in Digital Cinema; HDTV; Intelligence, Surveillance and Reconnaissance; gaming and streaming media applications. We are engaged in active discussions with several commercial customers to license our technology."
About TMM, Inc.
TMM, Inc. (PINKSHEETS:TMMI) ("TMMI") is a technology company headquartered in Wilmington, Delaware, specializing in digital video compression and image management. Founded in 1990, the company is dedicated to improving bandwidth utilization and video image quality. TMMI develops digital video compression technology that provides end-to-end workflow and distribution solutions for digital cinema; streaming media; cable TV; sports; mobile; intelligence, surveillance and reconnaissance; defense; security; medical imaging; space exploration; gaming and education. For more information, please visit the company's website at www.tmmi.us.
ON BEHALF OF THE TMMI BOARD OF DIRECTORS OF TMM, INC.:
GERARD V. CAVANAUGH, CHAIRMAN AND PRESIDENT
For more information, please visit the Company's website at www.tmmi.us.
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.
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