Fractal Code Team

TMM, Inc. TRUDEF™ Fractal Codec Team

Wilmington, Delaware -- July 24, 2012 -- TMM,Inc. (Pink Sheet: TMMI) ("TMMI" or "the Company") ispleased to announce that the Company has made significant progress in updatingthe TRUDEF™ codec, raising funds, acquiring DigitalFocus Inc., preparing Financial Statements and adopting bylaws changes.

 TRUDEF™ Codec Advancement

The Company has made significantstrides in updating the TRUDEF™ codec over the last nine months. Theprogramming work has focused on updating and enhancing the Company’sproprietary VDK 1.0 to 1.4 codec that Iterated Systems Inc. transferred to theCompany in 1993. The Board of Directors has instructed the lead programmers toenlarge the team to speed up the progress towards a commercial product. Theprogramming team will be expanded by up to an additional ten (10) programmersto further advance the TRUDEF™ codec. The majority of the proceeds raisedthrough the latest private subscription offering will be used to fund anaggressive program to speed development of its TRUDEF™ fractal compressioncodec technology.

Private Subscription Offerings

The Company hassuccessfully completed a private subscription offering initiated in April of2012 which raised USD $1,206,500. The $0.10 per unit offering consisted of oneshare of TMMI common stock and one warrant to purchase one additional share ofTMMI common stock at USD $0.15 per share for three (3) years.  The proceeds of the offering will go towardthe continuing development of TMMI's TRUDEF™ fractal compression codectechnology and general working capital associated with gathering and organizingthe Company's corporate governance documents and intellectual property records.

Acquisition of DigitalFocus, Inc.

On June 8, 2012 theCompany completed the strategic acquisition of the outstanding shares ofDigital Focus, Inc., a California corporation. Digital Focus, Inc.'s sole assetis an exclusive worldwide license agreement to the PVS/SGI source code fromIterated Systems, Inc. acquired in March 2000. All fees and taxes were paid onbehalf of Digital Focus, Inc. to reinstate the corporation into good standingwith the State of California.  TMMI had alsoapplied and received approval to change Digital Focus, Inc. from an S Corporation to a standard C Corporation. The Company will not beusing the PVI/SGI codec and will only use the more robust VKD 1.0 to VDK 1.4versions of the Fractal Codec for TRUDEF™ development.

Financial Statements

The Company has prepared Financial Statements foryear end 2010 and 2011 and the second quarter ending June 30, 2012. The FinancialStatements have been compiled using historical data from reports prepared bythe previous management of the Company along with the recent activity of theCompany and the Shareholder Group which initiated the change in the Company's Boardand management. These Financial Statements are preliminary and are based on thebest information available at this time. As the discovery and review of certainhistorical documents continues any revisions will be updated in the next fiscalquarter. These Financial Statements have not been audited or reviewed andaccordingly, no opinion or any other form of assurance is expressed on them.

By-Laws Modification & Shareholder Rights Plan

A majority of TMM, Inc.'sshareholders have recently approved the adoption of the Shareholder Rights Planand a staggered (“Classified”) Board.  TheCompany’s Board of Directors recommended adoption of these proposals tomaximize shareholder value of the Company’s common stock in the face of ahostile takeover threat to the Company that could arise sometime in the future.

Adoption of Shareholder Rights Plan

The terms of theShareholder Rights Plan which are detailed in the Summary (www.tmmi.us) are designed to encourage any entityattempting a hostile takeover of the Company to negotiate with the Company’sBoard to achieve a fair and full price of the Company’s common stock for all ofits shareholders.

Classified Board

The Company’s By-Laws nowprovide for a staggered or Classified Board by which its three Board membersare elected in sequential years to hold office for staggered, three-year terms.This provision is intended to encourage any potential hostile takeover entityto negotiate with the Board to achieve a full and fair stock price for allshares. If such hostile takeover entity is not willing to negotiate a stockprice with the Board, such entity will have to go through several years ofelection cycles in order to elect a majority of the three-person Board afteracquiring a majority of the Company’s common stock.

ON BEHALF OF THE TMMI BOARD OF DIRECTORS OF TMM,INC.:
GERARD V. CAVANAUGH
CHAIRMAN AND PRESIDENT


For more information, please visit the Company’s Website at http://www.tmmi.us.

Safe Harbor Statement
The informationin this release contains forward-looking statements which involve risks anduncertainties, including statements regarding the Company's capital needs,business strategy and expectations. Any statements contained herein that arenot statements of historical fact may be deemed to be forward-lookingstatements, which may be identified by terminology such as "may,""should," "will," "expect," "plan,""intend," "anticipate," "believe,""estimate," "predict," "potential,""forecast," "project," or "continue," thenegative of such terms or other comparable terminology. Readers should not relyon forward-looking statements as predictions of future events or results. Anyor all of the Company's forward-looking statements may turn out to be wrong.They can be affected by inaccurate assumptions, risks and uncertainties andother factors which could cause actual events or results to be materiallydifferent from those expressed or implied in the forward-looking statements.Factors may cause the Company's actual results to differ materially from anyforward-looking statement. In addition, new factors emerge from time to timeand it is not possible for the Company to predict all factors that may causeactual results to differ materially from those contained in any forward-looking statements. The Company disclaims any obligation to publicly update anyforward-looking statements to reflect events or circumstances after the date ofthis document, except as required by applicable law.

Contact:

TMM, Inc.
118 School Road
Wilmington, DE 19803
Tel: 1-800-821-9877

Tel: 1-302-476-2288
E-Mail: info@tmmi.us