TMM, Inc. Enters Alliance Agreement With Geppetto Avatars, Inc. for Joint Sales & Marketing Initiative
December 04, 2014
WILMINGTON, DELAWARE--(Marketwired - Dec 4, 2014) - TMM, Inc. (OTC PINK:TMMI) ("TMMI") or (the "Company") is pleased to announce that it has entered into a joint sales and marketing agreement with Geppetto Avatars, Inc. to advance the sale of TRUDEF™ video compression technology owned by TMMI in various customer applications. Both companies have committed resources to the venture with the goal of finding solutions to reduce bandwidth costs and improve image quality.
Geppetto Avatars (www.geppettoavatars.com) has developed a proprietary avatar technology platform, which enables virtual characters to listen, observe, move and feel emotions of the conversant and serves as a linguistic user interface. GA has developed a platform that allows digital characters to talk with people. The use of natural language voice input, common question-answer interaction, and high-quality graphical presentation means people may now talk directly with a software robot in any computer or mobile device. The Geppetto Avatars ACTR platform allows full cinematic and multimedia presentation of hard data. This kind of contextualized training allows better relationships with data through natural language.
TMMI (www.tmmi.us) specializes in developing and distributing TRUDEF digital video compression and in creating engineering solutions for image management technology based on User Defined Requirements as well as unique Off-The-Shelf solutions that give TRUDEF users Better Pictures. Smaller Files.(SM)
The two companies have established the alliance to provide joint products and services to their respective customers and prospects.
"It's natural synergy," said Gerard V. Cavanaugh, TMM CEO, "to work with a company like Geppetto Avatars. We have committed to develop custom engineering solutions using TRUDEF video compression to improve the user's efficiency and performance. User's can maintain digital file integrity as they reduce video file size and bandwidth requirements. This will improve the GA user experience and streamline integration into their customer's workflow. It's the first step in building a strong relationship."
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.
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