TMMI Announces Appointment of New Chief Technology Officer and New Executive Team

WILMINGTON, Del., Feb. 7, 2018 /PRNewswire/ -- TMM, Inc. (OTC PNK: TMMI) ("TMMI" or the "Company").  Web site: http://www.tmmi.us

TMMI has named Eric Hernes as its new Chief Technology Officer. Hernes, who recently joined the Company's Advisory Board, has accepted the position to lead TMMI's technology department driving the commercialization of its technology and new product development.  The Company has completely re-organized its Executive ranks bringing in Hernes and a team of engineering and programming talent to achieve its objectives in the marketplace.

Hernes, is an engineer and business economist, inventor and product developer with over twenty years of experience in video technology. Notably Mr. Hernes' past achievements include  extensive development for LodgeNet Entertainment Corporation in design for interactive on demand movie play back systems, and as the innovator of technology for the color blind to see detail in video otherwise invisible. Hernes is the founder of Audio Video Foundry, LLC and Q Inc.

In accepting the position, Hernes stated, "I am extremely enthused to lead TMMI's vision into market commercialization of its unique core technology coupled with its vision for new and exciting products. The Company has always been an innovator. I hope to continue that distinction. We have assembled a team of talent that is second to none.  I look forward with confidence to working with their creativity to realize unique results for the user. Our new initiatives are already underway and more will be announced in the coming months."

Adding to Hernes in the key position of Chief Technology Officer, the Company has named this slate of seasoned professionals to the executive team:

Michael Kozole, Chief Financial Officer. A Certified Public Accountant with thirty years of experience, Mr. Kozole is the founder of Kozole & Staudenmayer, PC and a member of the American Institute of Certified Public Accountants.

Deborah Bello, Controller and Chief Administrative Manager. Ms. Bello is a professional in business support with versatility across numerous financial and business disciplines, with twenty years of experience.

Joe Laxague, General Counsel. Mr. Laxague's practice focuses on securities and business law, including SEC reporting and compliance, public and private offerings, and mergers and acquisitions. He is a graduate of University of Notre Dame law school.

Paul Healy, TMMI President and CEO, made today's announcement stating, "Eric Hernes' expertise in video technology combined with his critical eye in creating viable commercial applications are at the forefront of our  plans. In conjunction, we have appointed a dynamic leadership team encompassed by a core group of talent who bring experience, skills and dedication to this Company."

TMMI Technology

TMMI's 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 suite:  TRUPIX™, TRUSCALE™ and TRUZOOM™ - a patent pending, hardware accelerated, real time suite of video scaling solutions for the growing high resolution market. 

TMMI Advisory Board

A membership comprised of experts in cinema, defense, sports, video games, communications, new market sectors, and finance:

Garrett Brown – Cinematographer, USPTO Inventors Hall of Fame, Oscar and Emmy award winning inventor of the Steadicam™, Skycam™, Swimcam™, and Divecam™.

Mung Chiang - PHD, EE Waterman winning Professor at Princeton University. Recipient of the Simon Guggenheim Fellowship in engineering, founder of Princeton's EDGE Lab – connecting network theory with real world applications, investigating global bandwidth issues.

Hal Lipman – Emmy award winner, former executive NFL films.

Thomas Mackie - Lt. Col. USMC Reserve Pilot. Top Gun instructor. CEO of G-Force Leadership, market expert in digital cinema, cameras, sports and defense.

Ted Schilowitz – Co-founder of RED Digital Cinema, "cinemavangelist" to major Hollywood studio and cinema Technology Company.

Louis Siracusano – President Video Bank. A leading digital asset management firm serving defense, pro sports, education, and science.

Charles Wright – Founder and President of Fall River Investments, author and investment advisor.

About TMM, Inc.

TMM, Inc. (OTC PNK: TMMI) is a technology company headquartered in Wilmington, Delaware, specializing in technology innovation across multiple sectors. Historically the company has produced innovation in digital video compression, video scaling and image management. Founded in 1990, the company has done ground breaking work improving bandwidth utilization and video image quality. TMMI develops digital video compression and scaling technologies that provide 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; video game applications; training and distance learning.

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.

SOURCE TMM, Inc.

Related Links

http://www.tmmi.us