| Next | Respond | TMMI Clubhouse |
To: echo (9273 )
From: echo Tuesday, Jun 9 1998 6:57PM ET
Reply # of 9301
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 UnderView SubjectMarksBookmark this
Subject
TMM INC-NEW (OTC: TMMI)Date: Jun 09Last Trade
0.026Change
+ 0.005 (+23.81%)Bid
0.022Ask
0.026Volume
0365,0000Prev.Close
0.021Open
0.023Day Range
0.022 - 0.027Last Tick
0Up0Avg.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 |
