WILMINGTON, Del.–(BUSINESS WIRE)–May 20, 2014–
TMM, Inc. (TMMI-PK) (“TMMI”) or (the “Company”) is pleased to announce that it has entered into a joint research program with Raytheon Company (NYSE: RTN) to test the TRUDEF™ video compression technology owned by TMMI for a variety of applications in the Intelligence, Surveillance and Reconnaissance sector. Both companies have committed resources to the venture with the goal of finding solutions to reduce bandwidth costs and improve image quality.
“This an exciting milestone for TMMI,” said Gerard V. Cavanaugh, TMMI’s CEO. “We have been working closely with Raytheon over the past year so that we can develop custom engineering solutions using TRUDEF video compression as a key component to improve the user experience and streamline integration into their customer’s ecosystem. It’s the next step in building a strong relationship.”
As TMMI researchers continue to improve the TRUDEF fractal compression engine, the TRUDEF team is also developing customizable image processing solutions for scientific, industrial and military clients. The TMMI engineering team has completed demonstrable prototypes of object tracking, real-time image magnification, super resolution and image enhancement filters built on top of the compression engine. These technologies provide client specific applications that combine state-of-the-art compression technology with advanced image processing tools.
This is particularly useful in scientific and surveillance applications. The object-tracking prototype allows a user to select a single object or multiple objects in a source video, and track visually dynamic or “evolving” targets. These “object images” can then be resolution enhanced using super-resolution. Additionally, the research team has added filters that significantly improve the visual clarity of otherwise challenging source video in real time.
The prototypes the team has developed are in response to the needs of a complex video imaging market driven primarily by the Sports, Exploration, Intelligence, Surveillance and Reconnaissance communities. These capabilities are clearly applicable to a number of scientific and industrial sectors as well. Interested parties are invited to contact us for further information and demonstrations.
About TMM, Inc.
TMM, Inc. (Pink Sheet: 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.
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.