TOTAL MULTIMEDIA (TMMI) ANNOUNCES APPOINTMENT OF FORMER MGM GRAND MARKETING V.P.
TMM, Inc. (TMMI) has appointed Magdy Gayed as Executive Vice President of Marketing. Gayed, a former MGM Grand executive with over 40 years of experience, will focus on expanding TMMI's market reach in video games, data security, AI, cryptocurrency, and the metaverse. TMMI is known for its patented TRUDEF video technology, which enhances video quality for consumer electronics. This strategic appointment aims to leverage Gayed's expertise to drive digital innovation and enhance consumer experiences through partnerships in emerging tech sectors.
- Appointment of Magdy Gayed, a seasoned executive, could bring fresh perspectives to TMMI's marketing strategy.
- Gayed’s experience in international marketing may enhance TMMI's global reach and partnerships.
- Concerns regarding continuity in leadership as TMMI adjusts to new marketing strategies.
- Potential experience gaps in targeting emerging markets such as the metaverse and cryptocurrency.
SURF CITY, S.C., Oct. 13, 2022 /PRNewswire/ -- TMM, Inc. ("TMMI" or the "Company") (OTC PNK: TMMI). Web site: http://www.tmmi.us.
TMMI President and CEO, Susan Bala has appointed former MGM Grand Executive, Magdy Gayed to the new TMMI development team. Mr. Gayed has been appointed to serve as Executive Vice President of Marketing, connecting TMMI's video technology to new market development in video games, data security, artificial intelligence, crypto currency and diversification in the metaverse.
Mr. Gayed is a seasoned professional in international marketing with a focus in Europe, Asia and the Middle East. His real life, successful experience spans over 40 years developing strategic key relationships. Mr. Gayed's prior positions with premiere hotel properties in Atlantic City, the Atlantis in the Bahamas, the Mohegan Sun in Connecticut, and his 14 years as a marketing executive with MGM international, including the opening of Aria Las Vegas, the newest of its kind hotel casino property for MGM, make him unique for the next chapter in entertainment and digital development.
Mr. Gayed accepted the appointment saying, "It's a digital world. I am interested in taking high quality video into the market with new tech partners to produce the very best consumer experience. This is a new adventure for me and one where I know we will make a difference. I know Susan Bala and have worked with her. She is a visionary. I believe in her strength as a fighter, her business acumen, and who she is as a person who stands up in principle. I look forward with enthusiasm to what we can create."
TMMI TRUDEF Video Player with its patented TRUSCALETM hardware accelerated upscaler, also available as a bundled home entertainment solution. TMMI's legacy technology: TRUDEF™ Fractal Video codec and its high efficiency TRUDEF™ Player developed for cinema quality 4K playing directly from physical media. TMMI patent pending suite: TRUPIX™, TRUSCALE™ and TRUZOOM™ - hardware accelerated, real time suite of video scaling solutions for the high-resolution market.
Garrett Brown – Cinematographer, USPTO Inventors Hall of Fame, Oscar and Emmy award winning inventor of the Steadicam™, Skycam™, Swimcam™, and Divecam™.
Mung Chiang - PHD, EE Waterman winning Professor at Princeton University. Recipient of the Simon Guggenheim Fellowship in engineering, founder of Princeton's EDGE Lab – connecting network theory with real world applications, investigating global bandwidth issues.
Hal Lipman – Emmy award winner, former executive NFL films.
Ted Schilowitz – Co-founder of RED Digital Cinema, "cinemavangelist" to major Hollywood studio and cinema Technology Company.
Charles Wright – Founder and President of Fall River Investments, author and investment advisor.
Inquiries should be directed to info@tmmi.us or call toll free: 800-806-2148.
TMM, Inc. (OTC PNK: TMMI) is a high-quality video technology company specializing in digital video compression, video scaling and high-quality image management. Founded in 1990, the company was the pioneer in fractal video. TMMI develops digital video compression and scaling technologies that are targeted to global consumer electronics and provides solutions to systems and products with high quality video requirements.
The information provided herein may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Exchange Act of 1934. Such forward-looking statements include, in particular, statements about our plans, strategies, business prospects, and the ongoing and future development of our technologies. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including without limitation, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions and development of technology, equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel. Neither management nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. All forward-looking statements in this press release are made as of the date hereof, based on information available to us as of the date hereof, and subsequent facts or circumstances may contradict, obviate, undermine, or otherwise fail to support or substantiate such statements.
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SOURCE TMMI
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