WILMINGTON, DELAWARE – May 1, 2013 - TMM, Inc. (Pink Sheet: TMMI) ("TMMI" or "the Company") is pleased to announce the appointment of Louis H. Siracusano, Jr. to its advisory board, effective May 1, 2013.
Louis H. Siracusano Jr. is the President/CEO and founder of VideoBank. Incorporated in 1992, VideoBank is an industry leader in digital video solutions for both private enterprise and the U. S. military. VideoBank engineers design advanced software and turnkey Digital Asset Management systems, furnishing customers with a wide range of streamlined client-driven tools optimized for storing, manipulating and distributing digital video, images and documents.
Mr. Siracusano will assist TMM by applying his expertise to the practical application of the company’s TRUDEF™ video compression technology to manage valuable digital assets for entertainment, sports, television and defense. TRUDEF’s video compression codec improves the utility of digital assets through enhanced image quality, reduced bandwidth utilization and efficient media storage.
Mr. Siracusano has 25 years in television systems design, engineering and testing. Emerging from the broadcast television systems engineering field, VideoBank began development in projects on database systems and front-ends. Mr. Siracusano shifted the company’s direction towards the capture, storage, and manipulation of digital video and audio. Clients include major networks; high-end private production and post-production facilities; as well as multiple branches of the military.
Before founding VideoBank, Louis was with A.F. Associates Corporation (AFA) for twelve years as a systems engineer and project manager. He began his career at AFA designing and building computer-based engineering automation tools and was ultimately responsible for building television facilities encompassing editing, production studios, control rooms, play-out systems and cable head-ends. At VideoBank, he now manages the overall aspects of the company’s operations and coordinates sales efforts for military and commercial customers.
Mr. Siracusano received a Bachelor of Arts from Hofstra University in 1987 with a dual major in Communications and Computer Science.
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 http://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.
Contact:
Via Mail:
TMM Inc.
118 School Road
Wilmington, DE 19803
Telephone:
1- 800 821-9877
E-Mail:
info@tmmi.us
