A few days ago, TMM issued a long letter to its shareholders claiming that it has a new, patent pending algorithm. They did not say what this algorithm did, or what methods (fractal, DCT, etc.) it uses, except that it would enhance the video market. They also did not say if it was from their collaboration with Raytheon.
Oddly enough, there was a big stress on how TMM is playing for the long term, with their future divided into categories of crawl, walk, and run. Does this mean that their new algorithm is just a baby step? Will it need a lot more work before anything useful comes out? Or is something so domain-specific that while useful for a special case of image data, it needs more work to be useful on mainstream material?
At the very least, TMM is now on the hook for a deliverable, so hopefully in a few weeks they will show some plausible demonstrations. NAB 2015 is coming up soon, so they have another chance to demo there too. If they do, however, it needs to be a real public demo with proper third-party validation instead of behind closed doors.
TMM said the new algorithm is proprietary, which is unfortunate. It runs counter to the way every other codec is developed, and hints at onerous licencing conditions, which was one of the key downfalls of Iterated’s work.
The investment community took the news with cautious optimism. The stock is up 2-3 cents and seems to be holding there, but is still under ten cents. The previous press releases are probably to blame; they moved the needle for only a day or two before having it plunge back. Too much wolf has been cried, so everyone wants to see real evidence of progress this time around.
In the meantime, I played with the popular VLC media player, which has a handy sharpen filter. It works very well. You can even toggle it during playback to easily see how well it works. If you want to save a lot of bandwidth on a 4K TV, just play a regular HEVC-encoded HD video upscaled 200% and sharpen it. When I saw how good it was, I understood why nobody cares about TRUDEF.