TMM, Inc. (Pink Sheets:TMMI) today announced the following information: Now being thirteen (13) months since Corene E Dion-King (�CDK�), Director and �Previous Management� entered into what is now named in corporate records as the �April 2006 Stipulated Agreement.� The Agreement details a joint effort calling for the restructuring of TMM while maintaining the best interests of both the Company and its shareholders and the allowing for a restoration as a corporation. Upon the first annual review of the Agreement by CDK, with the apparent failure to address, let alone achieve, a majority of the Agreement, it was determined that any continuance of the Agreement would not be in the best interest of the Company nor the shareholders. Therefore, the Company, with neither the assistance nor presence of Previous Management, is moving forward in its restoration of prior industry and the expansion of new industry. All actions undertaken by the Company will be released to the public in a timely fashion. All current Company information will be available through Pinksheets.com�s corporate information page for TMM, Inc. (TMMI) at the below link. http://www.pinksheets.com/quote/company_profile.jsp?symbol=TMMI Disclaimer: This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the energy fuel market; including the energy economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
T M M (PK) (USOTC:TMMI)
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