Saturday, March 28, 2015 7:44:47 PM
Within the next few weeks, we expect to make our first major public announcement regarding business development since shareholders voted to install the current management team in the fall of 2011. Our new patent pending technology is based on our own proprietary algorithm. We anticipate that it will be game-changing in its impact on markets ranging from Intelligence Surveillance and Reconnaissance, On-Line Education, Law Enforcement, Motion Picture production workflow, Content Development, Streaming Media and Advertising — to cable carriers, Web service companies, WIFI, Telecom, defense, security, healthcare and education — anyplace where bandwidth, storage and picture quality matter.
In November, we successfully demonstrated our new TRUDEF Digital Video Compression software to Raytheon with 250:1, 500:1 and 1000:1 as target compression ratios. Using these parameters, TRUDEF outperformed their test criteria, with 3,900:1 compression ratio while maintaining good image quality. As of January 2015, Raytheon conducted head-to-head comparison testing against its current technology. Results were outstanding, with compression ratios 3 to 5 times better than current.
We installed our TRUDEF™ technology into VideoBank’s operating environment. VideoBank is a leading Digital Asset Management provider and will test our technology as our first beta site and embed TRUDEF and our COTS solutions in their presentations to customers and prospects to demonstrate how our compression technology works within their customer’s system.
In November, Geppetto Avatars, Inc. agreed to a reciprocal sales and marketing program with TMM. GA will include our TRUDEF™ technology in their workflow and identify it in their customer presentations.
We have been working closely with other major contractors using customer supplied test files, and have successfully demonstrated the TRUDEF™ codec, as well as our COTS solutions.
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