Richard Fox Joins TMMI Advisory Board
September 27 2012 - 4:00PM
Marketwired
TMM, Inc. (PINKSHEETS:TMMI) ("TMMI") or (the "Company") is pleased
to announce the appointment of Richard M. Fox to its advisory
board, effective September 15, 2012.
Mr. Fox is a Managing Director of Cross Atlantic Capital
Partners of Radnor, Pennsylvania, a venture capital firm with $550
million under management. A venture capitalist with extensive
co-investment experience in Software, Mobile/Wireless and Internet
Technologies, he has in-depth expertise with a wide array of
companies including NetSuite, Infoblox, ICG Commerce, R2
Technology, Navini Networks, and Interactions.
He is also currently an Adjunct Associate Professor at NYU in
New York, conducting intensive credit seminars for domestic and
international banking.
The former President of Penn Janney Advisory, he managed Penn
Mutual's direct venture capital investments and alternative asset
portfolio as well as those of its wholly owned subsidiary, Janney
Montgomery Scott. At Penn Janney, he served on the investment
advisory boards of numerous alternative asset and private placement
funds of over $300 million.
Prior to that, he managed an extensive portfolio of large U.S.
corporate relationships as Vice President with PNC Financial Corp.
He began his career with Chemical Bank's (now JP Morgan Chase)
Latin American Division where he managed a $300 million loan
portfolio in Puerto Rico and was involved in a number of sovereign
debt restructurings.
Mr. Fox is a 1977 graduate of the University of Connecticut
(B.A) and Georgetown University (M.A.).
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 information in this release contains forward-looking
statements, which involve risks and uncertainties, including
statements regarding the Company's capital needs, business strategy
and expectations. Any statements contained herein that are not
statements of historical fact may be deemed to be forward-looking
statements, which may be identified by terminology such as "may",
"should", "will", "expect", "plan", "intend", "anticipate",
"believe", "estimate", "predict", "potential", "forecast",
"project", or "continue", the negative of such terms or other
comparable terminology. Readers should not rely on forward-looking
statements as predictions of future events or results. Any or all
of the Company's forward-looking statements may turn out to be
wrong. They can be affected by inaccurate assumptions, risks and
uncertainties and other factors which could cause actual events or
results to be materially different from those expressed or implied
in the forward-looking statements. Factors may cause the Company's
actual results to differ materially from any forward-looking
statement. In addition, new factors emerge from time to time and it
is not possible for the Company to predict all factors that may
cause actual results to differ materially from those contained in
any forward-looking statements. The Company disclaims any
obligation to publicly update any forward-looking statements to
reflect events or circumstances after the date of this document,
except as required by applicable law.
Contacts: Via Mail: TMM Inc. 118 School Road Wilmington, DE
19803 Telephone: Tel: 1-800-821-9877 E-Mail:info@tmmi.us
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