TMM, Inc.is a technology company headquartered in the US, specializing in video image management and compression. The Company develops digital video compression technology that provides end-to-end workflow and distribution solutions for cinema, sports, mobile, streaming media, cable, medical imaging, security, defense, space exploration and education.
Average volume for TMMI is 83 thousand shares per day. Today’s Press has caused a surge in volume to over 1.6 million shares and the shares hit a new 52 week high of $0.134.
TMM, Inc. Press Release:
MM, Inc., also known as Total Multimedia Incorporated (Pink Sheet: TMMI) (“TMMI” or “the Company”) a 20 year veteran video technology company, has released its newly compiled Microsoft Universal Platform (“UWP”) compliant TRUDEF™ Video Player on the Microsoft App Store and announced the establishment of Company offices in New York City and the Midwest corridor’s expanding Silicon Prairie.
The new TMMI TRUDEF™ Video Player was quietly released on the Microsoft App Store and promptly recorded 500 downloads to people around the globe in 38 countries. The basic player is free to the public as a demonstration of the Company’s video software. Users downloading the player can use it for multiple mobile devices. This first generation release gives the user a quality alternative and will automatically update as new features are added.
In addition to the public release of the player, the new TMMI Video Player is being bundled together with TMMI software in two new hardware products that each combine a quality streaming video box with a full featured personal computer and Microsoft Windows 10 operating system in one device that uses a low 10 watts of power. These state-of-the-art products provide the consumer with a powerful yet cost effective device that streams improved quality video while it at the same time gives the user a full service PC.
The high end TMMI Mini PC X™ video device has started shipping this week to select buyers for field experience. A fall 2018 open consumer launch is planned.
In preparation for the Company’s expansion, it has established corporate and communications offices in New York City. At the same time, the Company has established operating offices in the Midwest corridor’s growing Silicon Prairie near the third largest U.S. Microsoft campus located in Fargo, North Dakota; an expanding hub for technology companies. This location provides depth in tech support and immediate access to the foreign trade zone for import/export and global distribution.
Paul Healy, President and CEO stated, “What we are doing today puts the Company out front in showcasing its video technology and hardware solutions that appeal to the individual consumer, while we progress rapidly to define commercial solutions for business and industrial uses. The Company plans to host a shareholder call in late September to provide an open Q and A forum.”
TMMI TRUDEF™ Video Player with its patented TRUSCALE™ high quality up-scaler and self- branded home entertainment solutions, the TMMI Mini PC™ and TMMI Mini PC X™.
TMMI Legacy technology: TRUDEF™ Fractal Video codec and its high efficiency TRUDEF™ Player developed primarily for cinema quality 4K playing directly from physical media.
TMMI Patent Pending Scaling Suite: TRUPIX™, TRUSCALE™ and TRUZOOM™ – a patent pending, hardware accelerated, real time suite of video scaling solutions for the growing high-resolution market and multiple commercial applications as a value-added enhancement.
For more information: www.tmmi.us
About TMM, Inc. (Total Multimedia Incorporated)
TMMI is a video technology company headquartered in New York City, specializing in digital video compression, video scaling and image management. Founded in 1990, the company is dedicated to improving bandwidth utilization and video image quality. TMMI develops digital video compression and scaling technologies solutions that are targeted to the global consumer electronics market and provides value added solutions to commercial product offerings across multiple market sectors.
Safe Harbor Statement:
The information provided herein may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Exchange Act of 1934. Such forward-looking statements include, in particular, statements about our plans, strategies, business prospects, and the ongoing and future development of our technologies. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including without limitation, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions and development of technology, equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel. Neither management nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. All forward-looking statements in this press release are made as of the date hereof, based on information available to us as of the date hereof, and subsequent facts or circumstances may contradict, obviate, undermine, or otherwise fail to support or substantiate such statements.