SI
Inbox (2) | Folders
Bookmarks | People
Hot | New Subjects
Options | Profile
Portfolios: - [Create a New Portfolio]
Talk : $5 and Under : TMMI - Total Multimedia
| Previous | Next | Respond | TMMI Clubhouse |
To: +echo (9273 )
From: +echo
Tuesday, Jun 9 1998 6:57PM ET
Reply # of 9289
Here is the updated release, I have called PR-newswire and said I
was mike, they should make the changes for tomorrow, Thank you Joe.
TMM ANNOUNCES STOCK SWAP WITH ECC
June 9, 1998
Camarillo Ca.
TMM INC of Camarillo Ca. Announced today that they have entered into a
memorandum of understanding to acquire Emission Controls Corporation (ECC), a
Nevada Corporation, with offices in Colorado. ECC is the developer and patent holder
for the Natural Resources Fuel Reformer (NRFR) system, which delivers
hydrocarbon-based fuels to the internal combustion
engine with it's proprietary technology as to exhaust near-zero toxic emissions and
pollutants.
ECC has developed a system which breaks down the structure of hydrocarbon fuels
and produces a type of fuel that the engine can burn cleanly and more efficiently. The
product is designed as a retrofit for autos that are non-compliant with the EPA emission
standards and as a replacement for virtually all emissions control systems, including
catalytic converters, on new cars. TMM will begin marketing the NRFR systems for
delivery in spring of 1999. The acquisition will be in the form of a stock for stock
exchange.
Tmm will provide it's technology and multimedia background to build on-line video
training
and instruction capabilities that will guide the repair and retrofit process for the NRFR
system
worldwide.
ECC president Syd Cooke stated from the company offices in Colorado, " We are
excited about this association with TMM. Their technology background will bring to the
venture the ability to train and provide at work assistance to mechanics worldwide. One
of the challenges of our effort is to be able to provide instant instruction for retrofit
customers. With TMM's video technology and Internet expertise they are a perfect fit
for our marketing effort".
During the transition period both companies will work out of soon to be announced
office
space located at the Lowry Air Force Base Development Park in Denver, Colorado.
TMM
Chief Technology Officer, Tom Simpson, stated: "the facility available to us at the
Lowry
Development facilities are some of the best in the nation. They have full multimedia
production capabilities, state of the art conferencing facilities and distance learning
classrooms. It provides us access to an infrastructure developed by the University of
Colorado, US West, Lucent Technologies and Echostar Satellite. The ECC project will
be a model of distance learning and worldwide video database access capabilities. I am
looking forward to working on this project.
Total MultiMedia is a leader in softvideo and multimedia products and is traded publicly
on NASD under the symbol TMMI
| Previous | Next | Respond | View reply to this message
Quotes - News - Discussion - $5 and Under
View SubjectMarks
Bookmark this Subject
TMM INC-NEW (OTC: TMMI)
Time: 4:07PM
Last Trade
0.026
Change
+ 0.005 (+23.81%)
Bid
0.022
Ask
0.026
Volume
0365,0000
Prev.Close
0.021
Open
0.023
Day Range
0.022 - 0.027
Last Tick
0Up0
Avg.Volume
0351,6000
Discussion | People | MetaCrawler
Subject Titles Only
Full-Text
Messages with Links
Send questions and feedback to webmistress@techstocks.com
Terms of Use |
