T M M Inc (TMMI)

[Agoura Guy]

What does code Panik extracted from Iterated in 2003 have to do with the PVS/SGI settlement agreement?

https://www.tmmi.us/news/news_1999-12-09.php

Total Multimedia Announces Development Agreement With Digital Focus

December 9, 1999

"TMM is integrating its existing SoftVideo technologies into today's high-speed super computers to offer SoftVideo Compression Services for online broadband users. Haskins continued, "With the rapid increases in the computer's processing power and increased availability of broadband at cost-effective rates, the Internet could rapidly become the leading source of entertainment worldwide. This will cause a huge demand for video compression services that can accommodate changing bandwidths. "TMM SoftVideo is perfect as it allows content owners to compress their product on SoftVideo at a single band rate. As bandwidth changes and expands, the SoftVideo product will accommodate the changes. We need to integrate the existing TMM codec into superprocessor codes and they will be ready for business." TMM anticipates that the video product will be available for demo as early as spring 2000."

How can Panik possibly claim ownership of software TMMI owned before the PVS/SGI agreement was even signed? The 2000 DFI deal was to get the PVS/SGI superprocessor code back into TMMI hands for faster compression. TMMI already had its SoftVideo CR-ROM player and PC compressor. Somehow Panik thinks he owns the entire codec and has damaged TMMI ever since 2000 by spreading false and misleading information i.e.

By: lpanik
08 Feb 2006, 09:28 PM EST
Msg. 95248 of 99169
(This msg. is a reply to 95246 by zoomtothemoon.)

As a director of DFMI let me set the record straight. We own sole rights to the fractal video codec based on the patents originally held by Iterated Systems of Atlanta, GA. We are not in negotiations with TMMI and have no intention of doing so.

Please contact TMMI for any information about them.

Lawrence F. Panik
VP of Business Development

Self delusion is a costly mistake. Unfortunately Panik's delusion cost TMMI many years of lost business opportunities by spreading lies it had no fractal codec. For this he should be sued into oblivion. TMMI still has thousands of shareholders and every time it tries to step forward with its legacy technology it faces the same lingering problems. Panik, its time you just go away and leave TMMI and its remaining shareholders in peace.