Leonard J. DeRoma joins TMMI Advisory Board
WILMINGTON, DELAWARE -- November 14, 2012 - TMM, Inc. (Pink Sheet: TMMI) ("TMMI" or "the Company") is pleased to announce the appointment of Leonard J. DeRoma to its advisory board, effective November 1st, 2012.
Mr. DeRoma is President and Chief Executive Officer of Wildwood Capital LLC, a financial advisory and business development firm, and also the President and Chief Operating Officer of Invictus Consulting Group, LLC, a boutique advisory firm for US depository institutions.
He began his career in corporate finance in the 1970s. He moved to the fixed income trading business, where over the next twenty years he worked for a number of major financial institutions including Citibank, Lehman Brothers, Barclays, and McDonald Investments/KeyCorp. Over the course of Mr. DeRomas 35 year career in the finance industry, he has created numerous securities financing techniques and pioneered various global financing structures.
Mr. DeRoma is a founding partner of Wildwood Capital LLC, a firm that provides business development, IP licensing and financial advisory services to small and medium size companies. He is a founding partner of Invictus Consulting Group LLC, a firm which provides stress testing and capital adequacy advisory services for banks, and sale of various bank related information to hedge funds, corporate treasurers, equity analysts, and bank D&O underwriters. Mr. DeRoma has served on the Board of Directors of the Bond Market Association, the Microcap Fund, and McDonald Investments and has been a speaker on numerous financial topics in the US, Europe and Asia.
He will be assisting TMM, Inc. in developing its business strategy and will be available to aid in negotiating and structuring of business relationships with major corporate partners.
Mr. DeRoma holds a Bachelor of Science in Electrical Engineering from the Massachusetts Institute of Technology and a Masters in Business Administration from the Harvard Business School.
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.
118 School Road
Wilmington, DE 19803
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