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Poptech, it is clear that he founded US West Wireless as both you and I have stated in our previous posts. US West was acquired by Quest, and Peter Mannetti became head of Quest Wireless for a few months until Quest found a new leader. As I previously stated, when a company is acquired by a new organization, it is NOT unusual to refer to it by the acquiring organization. And, regardless, US West Wireless accomplished major cellular technical innovation under Peter Mannetti's leadership, so why not just acknowledge this as it is so and stop criticizing the wording of the PR. I truly believe there is no misrepresentation in that PR (just the confusion of organizational name changes due to acquisition - it happens all the time in today's world). Let's move on...we all recognize that the addition of Peter Mannetti to Neom's BOD will only potentially allow him to help build shareholder value when YA is no longer involved with Neom. Enough said on this topic IMO.
Thanks Success622 EOM
Poptech, reread my timeline. I said Peter Mannetti founded US West Wireless in 1997. He was hired by US West in 1995. The major wireless breakthrough he led was with US West Wireless - http://findarticles.com/p/articles/mi_m0BFP/is_1999_Nov_22/ai_57758541/.
I think the confusion comes from the Quest acquisition. When a company gets acquired, you start referring to the old company as the new company. As you said, he wasn't President of Quest Wireless that long (only a few months) so his "claim to fame" happened before that - when he was with US West as President of its wireless division.
Regardless, I believe Peter Mannetti and his US West Wireless team accomplished some truly amazing cellular wireless technical innovation in the late 1990's that led to significant revenue growth. I welcome that kind of leadership know-how on Neom's BOD. Now we just need YA to get out of the way so this new BOD blood can be an asset to providing shareholder value.
ss9173
I am fairly confident Peter Mannetti founded US West Wireless in 1997, which was susequently acquired by Qwest in June 2000. He was hired by US West during January 1995. See this link: http://www.cbronline.com/companies/qwest_wireless_llc
As head of US West Wireless, I believe this article summarizes his major accomplishment - http://findarticles.com/p/articles/mi_m0BFP/is_1999_Nov_22/ai_57758541/
U S WEST Launches Breakthrough Wireless Open-Network Technology; Promises to Expand Wireless Data Access to Millions More Customers - Company Business and Marketing
U S WEST Wednesday launched an award-winning new kind of advanced wireless network -- one the world hasn't seen before. The open-network technology -- available to customers first in Salt Lake City -- will enable speedier, more efficient delivery of the latest in Internet-based wireless services to millions more Americans, including many outside major metropolitan markets.
The innovative technology -- built in partnership with Alcatel, Ericsson, Nortel Networks and Tekelec -- won an international design award at Global Telecom 99 in Geneva this fall. It features a first-in-nation, open-network architecture that enables U S WEST -- and potentially other companies across the U.S. -- to more quickly and broadly deploy advanced Web-based wireless services. It uses new 'PICOcell' mini-tower antennas that are smaller and more environmentally friendly than past cell towers.
"This breakthrough wireless technology will help put the power -- and now mobility -- of the Internet in the palms of consumers' hands," said Solomon D. Trujillo, chairman, president and CEO, U S WEST. "It's fitting we're launching this in Salt Lake City, where in 2002 athletes will be swifter, higher and stronger. This new service lets consumers do the same. Wednesday, they can get sports scores, the weather, stock quotes and more -- all on their wireless phones. Early next year, they'll be able to get full 'Web-to-go' interactive Internet services. That's exciting."
U S WEST's Salt Lake City wireless network -- which was built entirely with the new open-network architecture and PICOcells -- will be a launching pad for further deployment of new network technology in 11 states in U S WEST's region. This will include:
-- Both open-network architecture and PICOcells will be used by U S WEST in expanding wireless service to 22 new markets - primarily in the company's northern tier states;
-- Open architecture and U S WEST Wireless's Intelligent Network will be used to more cost-effectively deploy additional advanced services in 24 existing U S WEST Wireless markets - including in the Denver, Seattle, Portland, Phoenix and Minneapolis-St. Paul metropolitan areas.
Phase-One Wireless Information Data Services Along with the launch of its new wireless network technology, U S WEST is providing its initial set of Web-based wireless information services.
-- U S WEST's unique Information Services package, available immediately, lets customers select up to six categories of information -- including sports scores, stock market results, weather and news bulletins -- and have up-to-the-minute news sent from Internet-based and other sources directly to their wireless handsets throughout the day.
-- Dial-Up Access to Wireless Data Services, which will also be available in most markets beginning this month, turns customers' wireless handset into a modem that can be used to dial into an ISP or a corporate data network. The handset can also be used as a fax modem.
-- Enhancements to the leading-edge Data Mail Service, which allows customers to receive text and numeric messages on their handset, include group messaging and personal account set up.
-- U S WEST 'Web-to-Go' service, enabled by technology already built into the phone, will let customers access text-based Internet information wirelessly by early next year. Features include:
-- The U S WEST DEX online directory that gives customers instant access to the Yellow Pages as well as business and white pages;
-- A mailbox that can receive, display, store and send e-mail messages; and
-- Additional Internet sites offering business and financial news, sports, weather, local events and travel tips.
Unique U S WEST 'One-Number' and Other Integrated Wireless Features
The Financial Times Global Telecoms award for 'Best in Intelligent Network Applications' was presented to U S WEST Wireless at Telecom 99 for the company's breakthrough open-network architecture, and also for its innovative integrated wireless features, including unique 'one-number' service that integrates a customer's home or business phone number with their wireless phone. U S WEST Wireless offers customers the following innovative features:
-- Gives customers unprecedented simplicity. It's as easy as using a home or office phone, with just one number to remember -- no juggling of multiple numbers; no need to change business cards.
-- Automatically routes customers' home or office phone calls to their mobile handset when they're on the go. This 'wireless extension' gives customers added flexibility and control over their calls.
-- Offers the highest degree of wireless integration available with popular PBX office telephone systems. U S WEST handset will act as an extension to many types of desktop office phones.
-- Includes the mass availability of 'Mobile Dial Tone,' a new feature that lets customers know instantly that their mobile phone is ready to make or receive calls.
-- Provides one-stop customer care and billing with other U S WEST services.
"Our Salt Lake City wireless system is a first of its kind," said Peter Mannetti, president, U S WEST Wireless. "In addition to making the cell sites more environmentally friendly, we taught the network to speak the language of the Internet. Before we developed this new architecture, our network spoke the language of the wireless PCS telephone. Now it speaks the language of the Internet -- TCP/IP. With this breakthrough, it will be easier for us to deliver new, data-driven features to our customers."
U S WEST (NYSE: USW) provides a full range of telecommunications services -- including wireline, wireless PCS, data networking, directory and information services -- to more than 25 million customers nationally and in 14 Western and Midwestern states. More information about U S WEST can be found on the Internet at http://www.uswest.com.
Peter Mannetti took over Qwest Wireless on March 3, 2000 as a result of its merger with US West. He didn't build Qwest Communications from the ground up, but he did with the business unit, Qwest Wireless.
http://www.zdnetasia.com/qwest-names-top-execs-for-new-company-13026197.htm
Qwest names top execs for new company
By Melanie Austria Farmer , CNET News on March 3, 2000
Qwest Communications today named a new management team to head the combined company resulting from its merger with US West.
The new team combines key executives from both companies with a focus on pushing the new company into Internet business, Qwest chief executive Joseph Nacchio said in a statement.
Reporting to Nacchio will be Betsy Bernard, executive vice president of consumer and small business markets; Stephen Jacobsen, executive vice president of global business and government markets; Lewis Wilks, president of Internet and multimedia markets; Jim Smith, president of DEX, or directories; Peter Mannetti, president of wireless business; and Afshin Mohebbi, president of worldwide network services and operations.
The announcement comes just days after US West CEO Sol Trujillo said he will step down once the two companies have merged, citing differences in vision with Nacchio. Trujillo had been slated to take on a co-chairman role in the new company. In a letter to employees, he said that he would resign his position in order to smooth the transition to a new company.
Also earlier this week, speculation was swirling on Wall Street that local phone giants BellSouth and SBC Communications may merge their U.S. wireless operations. At the same time, rumors persist that German communications powerhouse Deutsche Telekom may be interested in Qwest regardless of its proposed deal with US West.
However, Qwest is continuing to trudge along with its pending merger plans with the local phone carrier. Those plans cleared their first hurdle in early September after U.S. antitrust regulators approved the $35 billion deal. Company executives plan to wrap up the deal by mid-2000.
Qwest named other senior level executives today in corporate finances, information technology and other administrative posts. The long-distance phone carrier also said other executive appointments will be announced at a later time, including the vacant spot for president of consumer broadband services.
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He built Qwest Wireless from the ground up following that merger.
https://www.cu.edu/regents/Awards/2008/medals08.html
Mr. Mannetti is a visionary who built Qwest Wireless from the ground up. In 1997, he successfully introduced the Nation’s only “One Number Service”, winning the 1999 Financial Times Global Award for Innovation In Network. In 2000, he won the first worldwide Code Division Multiple Access (CDMA). Mr. Mannetti is an active and contributing advisory council member at the UCD Business School’s Bard Center for Entrepreneurship.
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http://www.forbes.com/global/2000/0807/082_01.html
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No Ordinary Joe
Carleen Hawn, 08.07.00 (August 7, 2000)
One afternoon a few weeks ago Joseph P. Nacchio, the 51-year-old chief executive of Qwest Communications International, was ready to gloat. The boards of Qwest and U S West had just ratified Qwest's $58 billion acquisition of the Baby Bell, culminating in a bitter, hostile takeover.
In the months before U S West surrendered, Nacchio had raked over the Bell as a bureaucratic mess and had sniped at its top executives.
Now that he had won, it was time for Joe Nacchio to make nice with the 61,000 people at U S West. Instead, his first act was to do a little needling. Some weeks earlier he had issued a challenge to U S West Wireless' chief Peter Mannetti, one of the few survivors among the Bell's brass: If Mannetti wanted to keep his job, he had 30 minutes after the takeover closed to fix the giant sign--"U S West Wireless"--on the office building down the street from Qwest's in Denver, Colorado. So in his first moments as head of the combined company Nacchio strode over to his desk, picked up the phone and dialed Mannetti. "Peter, the clock is ticking," he boomed.
Twelve minutes later Mannetti rang back and beckoned Nacchio to the window: A big, blue vinyl "Q" flapped in the breeze 15 stories above Lincoln Street, just large enough to conceal the "U S" in U S West. Now the sign reads: "QWest Wireless." Nacchio cackled approvingly. "When you say you're going to do something, you do it. Image is important, and by that I mean self-image," he explained later.
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I anticipate we will see next an 8K announcing iSherpa Capital investment in NEOM.
Regarding Sara Fay, I am just pleased to finally see some "high quality" new blood joining NEOM's BOD
But, of course, I won't rejoice until YA is finally out of the picture.
Another interesting tidbit on iSherpa Capital - http://investing.businessweek.com/businessweek/research/stocks/private/person.asp?personId=136267&privcapId=136232&previousCapId=598680&previousTitle=Qualcomm%20Spinco,%20Inc.
Mr. Vipanj Patel is a Co-Founder of iSherpa Capital and serves as its Managing Partner. He founded the firm in February 2000. Mr. Patel actively works with its portfolio companies to provide operational and strategic guidance. Prior to founding iSherpa, he practiced corporate finance and securities law at Morris, Manning & Martin, working with entrepreneurs to secure venture capital financing and taking technology companies public. Mr. Patel also negotiated intellectual property licenses, structured corporate finance transactions, prepared venture capital deals, and initial public offerings. Mr. Patel serves as Executive Chairman of UsingMiles, Inc. He is a Member of the Board of Directors of Authentor Systems; TensorComm; TechnoCom; u-Nav Microelectronics; and TransDimension. Mr. Patel served as an Advisory Board Member at Nokia Innovent. He is also a Member of the Board of Directors of the Colorado Venture Capital Association and TiE – Rockies, of which he is also a President. Mr. Patel holds a J.D. from Georgia State University and a B.S. in Biology from the University of Southern California, where he was a recipient of the Howard Hughes Fellowship.
An example of iSherpa Capital funding - http://www.design-reuse.com/news/5090/transdimension-c-funding.html
TransDimension closes series C funding
Investment Led By GKM Ventures with Shelter Capital and iSherpa
IRVINE, Calif., March 11, 2003 - TransDimension, the leader in USB connectivity solutions for embedded applications, announced that it has closed its Series C financing. Los Angeles-based GKM Ventures led the round, which included another new investor, Englewood, CO-based, iSherpa Capital, along with existing investor Shelter Capital Partners, which led the company's prior $13.0 Million Series B round. Series B investor Rolling Oaks Capital will also participate. The Series C financing provides for up to $10 million, and includes an initial close of $6 million.
TransDimension fits perfectly within our strategic focus of companies that are pioneers in the communications, software and digital media enabling technologies," said Jonathan Bloch, managing director, GKM Ventures. "We are excited both with our investment in TransDimension, and our partnership with iSherpa and Shelter, two outstanding firms that share our philosophy of adding value to portfolio companies."
Peter Mannetti is a board member at CTIA. See last sentence below from http://investing.businessweek.com/businessweek/research/stocks/private/person.asp?personId=1949186&privcapId=136232&previousCapId=367964&previousTitle=FRANCE%20TELECOM%20SA
Mr. Peter Mannetti is a Managing Partner at iSherpa Capital, LLC. He joined the firm in 2001. With more than 20 years experience in telecommunications and electronics industries, his management experience includes international business development, marketing and product and sales management, and business planning. Mr. Mannetti previously co-founded and built Qwest Wireless from the ground up into a $1 billion company with over one million subscribers and in 1997 successfully introduced the Nation's only “One Number Service”, winning the 1999 Financial Times Global Award for Innovation In Network Design in Geneva, Switzerland. As the Chief Executive Officer of the firm, he won national and international awards for his leadership in developing innovative wireless products, including the Telecom 1999 Financial Times Global Telecoms Award for “Best Enhanced Use of Intelligent Network,” which was awarded for the deployment of the first totally IP-based wireless network. Under Mr. Mannetti’s leadership, the company was the first to integrate wireless voice and data functionality with wireline and home service, winning the first worldwide CDMA Developer Award for Wireless/Wireline Integration presented in Hong Kong in 2000. He led the firm’s successful deployment of the PCS Access Network, which culminated in a CDMA 2000 Industry Achievement Award for Infrastructure Product Innovation. This network incorporated the first multi-vendor integrated wireless/wireline architecture. Prior to joining Qwest, Mr. Mannetti was a Vice President at BellSouth Mobile Data and held various management positions during his 18-year tenure at General Electric. He sits on the Boards of TensorComm and Clarity Technologies and is an Observer on the Board of Directors of Ziptronix and Aura Communications. In addition, Mr. Mannetti sits on the Board of Advisors of the Engineering School and the Bard Center for Entrepreneurship, both at the University of Colorado. He is involved in various community activities including, serving as the past Denver Area Chairman at the Friends of Scouting Campaign, Boy Scout of America; a Director of the Qwest Foundation; and a Board Member at CTIA.
More about iSherpa Capital
From TheFunded.com - http://www.thefunded.com/funds/partner/9704?page=75
These guys are a hidden gem in the VC community. Their hands-on, CURRENT, knowledge of the wireless industry is beyond compare. Their willingness to understand your business once they show interest is real. Even if they were only a follow-on investor in your deal, they will be better for your company than most large firms.
Perhaps we may have a new source of funding other than YA...while I remain skeptical about NEOM's future, it will be interesting to see if this development leads to the end of YA's death spiral financing.
From iSherpa's website - http://www.isherpa.com/
iSherpa Capital invests in start-ups and early-stage companies focused on wireless, media and entertainment industries. We are here to support passionate entrepreneurs who are looking to improve the world by building great technologies and great companies. Please let us know how we can help you. (Contact Link – info@isherpa.com)
Peter Mannetti - Linked in - http://www.linkedin.com/profile/view?locale=en_US&id=41079&authType=name&authToken=sfdC&goback=.npp_%2Fpeter*5mannetti%2F0%2F1b%2F933
I need it to hit $5 to recover my original investment LOL!
Below is some text of a recent email I sent to Ms. Laura Marriott.
Feel free to use it as is, in whole or in part, or modify it in the proposed Shareholder Letter suggested by JP. I am sure it can be expanded with additional thoughts and "word-smithed" to better reflect the sentiments of this board. I submit it here for your consideration only as a "place to start" and "to get the ball rolling"...
While the recent Ebay, Realtree and Kodak events appear to be significant developments, we (the common retail shareholders) want to hear during the upcoming conference call a plan to end or greatly reduce the amount of share dilution. Most of the distribution on this email have been large NEOM shareholders since at least 2004, and we have seen our significant hard earned investments dwindle to nearly zero value. Yet we stick by NEOM because we strongly believe there is so much potential to leverage/develop its mobile barcode intellectual property. Proper shareholder communication has been nearly non-existent. And, what has been communicated previously, either hasn’t materialized or has been grossly misleading. We deserve better. The time is now. We respect what you have accomplished in the past, but will you earn our continued respect with your actions and results going forward. We look forward to hearing during the conference call an updated business plan to include details of signed or pending licensing agreements –fees and revenue potential, sales and marketing opportunities for revenue generation , a sales forecast for the next 3 years, and plans to attain alternate financing to the massive dilution caused by the current financier, YA, until such time that NEOM can sustain profitable operations.
ss9173
JP, I have had you member marked since my first NEOM investment in Feb 2004. I have always valued your posts. I have met you at shareholder meetings and know that you are a wonderful human being. I also know you have done your best to promote NEOM in many, many unique and tireless ways, which many here truly appreciate. Thanks for all you have tried to do for us over the years. I wish you and your family the best. Good luck my friend and stay in touch via email.
Best regards,
Dave
Merry Christmas Success622, JP, YJ, Kokonutguy, Streetstylz and all the other old-timers as well as those new to this board. I am still sitting on the sidelines with 54,500 shares post-split waiting for NEOM to someday live up to its true potential. This Ebay license agreement appears to be a step in the right direction for a change.
Best regards,
ss9173
I will be voting "no" on all of these proposals and urge all shareholders to do the same. Management has not provided any credible reason for voting "yes". In my opinion, continued massive dilution will be the result if these proposals are approved.
ss9173
So far 9 comments have been accepted by GoMo moderation in response to Iain McReady's explanation of the 8K.
I don't know if Iain reads our board, but I bet he will get this feedback either by reading GoMo or through discussion with Bena Roberts.
http://www.gomonews.com/mobile-barcode-company-neomedia-responds-to-shareholders/
ss9173
Amen! EOM
Lemonhead1de, 10.12.2009 is 10 December 2009. EOM
A seminar on mobile barcodes is in the planning stages at the Mobile World Congress 2010 - see page 22.
http://www.mobileworldcongress.com/documents/mwc10_brochure_v1.pdf
ss9173
MODS, Although the MM manipulation of the pps yesterday was disheartening, this PR post should be added to the yellow sticky area. It is still an excellent development IMO.
ss9173
Don't you love when a plan actually comes together. Great job Iain McReady and team! It is almost as if these important milestones were held back until the start of Q4. Perhaps all the "stars had to line up" for whatever reason. Regardless, I am pleased to see that Q4 has started off with a bang and I believe the best is yet to come. The "big gorillas" are lining up at Neom's door (or will be very soon IMO). Those "gorilla" license agreements will be next on Iain's checklist. The final check off will be when YA is taken out. JMHO. The question is what happens after that check mark...I would love to see Iain stick around even if there is some significant change in control.
ss9173
Dave (aka screwdriver223), I have been a Neomedia shareholder since Feb 2004 and had the pleasure of meeting your father at the 2006 Neomedia Shareholder's Meeting in Fort Myers. Did you know that he started posting on this board on April 22, 2005? After 4+ years of reading his posts and the opportunity to meet him in person, I considered him a friend. He contributed 10,406 posts - some of which were very good due diligence on the mobile marketing barcode space; others were his opinions, which ranged from extremely positive to at times extremely negative. There were times when I thought your father was a little like Dr. Jekyll and Mr. Hyde as 180 degree mood swings were common with his postings. I think he regularly used reverse psychology to get a reaction from us. In any case, I will remember him as an intelligent, visionary, caring and compassionate person. I miss him, and am sad that he will not be here to see Neom prosper as I do believe that the recent development with Neustar is a turning point for them. My thoughts and prayers are with you and your family. I wish you the best.
Dave (aka ss9173)
N E O M, Thanks for the insights! I agree - This license agreement with Neustar is the most significant development since I have been in this stock starting Feb 2004. It is a huge vote of confidence by a "big gorilla" player. It also validates our I.P. / patents IMO. For the first time in a long time, I am actually starting to now feel like "Be Confident". I am looking forward to more developments during this Q4 2009...exciting times are ahead!
ss9173
New Google Logo Celebrates The Barcode
http://www.washingtonpost.com/wp-dyn/content/article/2009/10/07/AR2009100700130.html
Michael Arrington
TechCrunch.com
Tuesday, October 6, 2009; 9:43 PM
Google's new logo is a barcode which, as far as we can tell, says "Google." Today is the 57th anniversary of the first patent on the bar code. Inventors Norman Woodland and Bernard Silver filed the patent on October 1949, and it was granted, No. 2,612,994 (pdf), on October 7, 1952. The original patent was for a system that would encode data in circles (a bulls eye pattern), so that it could be scanned in any direction.
The barcode on the Google homepage is Code 128 encoded, which is a standard way of encoding ASCII character strings (ie. A-Z, a-z, 0-9, etc.) into a barcode. It would be safe to assume that Google used their own open source barcode project, ZXing, to generate the barcode. The same library is used in Android for barcode recognition.
Google regularly changes its logo for holidays and other special events. Here's their 10th birthday logo from last year, for example. More recently they celebrated Gandhi's birthday. Google hosts some of their holiday logos here, and fan created logos here.
We had to double check that the barcode in this instance was correct (some of the geeks here insist the barcode isn't 100% correct), since Google have previously messed things up a little when they try and talk geek dirty.
7. COMPENSATION
Compensation is set forth in Exhibit A.
I have searched Edgar Online for Exhibit A and can't find it. Has anyone found Exhibit A? I think it has the important revenue information we are all seeking.
ss9173
This is a great development! And, I like the fact that it is a Neustar issued PR - not Neom! Let the licensing begin!!!
ss9173
Sean, Congratulations on your marriage! If you have time, take a leisurely drive on the Hana Highway on Maui. It is absolutely beautiful!
Best regards,
Dave (ss9173)
I am saddened by the news of Dr. Mike's passing. I met Dr. Mike at a SHM in Fort Myers. He was a good person. He had, like many of us long-term investors in Neomedia, developed many friendships on this board. My condolences are extended to all of his family and friends.
ss9173
Why wouldn't Neom PR this development with Haworth?
ss9173
N E O M (Kevin), Please send info to ss9173@yahoo.com
Thanks.
ss9173 (Dave)
BC, Well said! EOM
Be Confident, I appreciate the dialogue and your point of view. I fully understand the rationale behind your #1 and #2, and would even like to believe those assumptions are correct. But I can also come up with alternative rationale for the month-to-month funding arrangement. Perhaps it is as simple as YA giving NEOM a firm message that they better start being good stewards of the cash being provided in this tight economy - no more wasteful spending as prior leadership did in the past...and start showing some tangible financial results and we will continue to fund you. I don't think YA is in as good a position to throw money around like they could when the economy was better (just a hunch).
Only time will tell how this plays out.
All that aside, I would like for you to expand on your last sentence: Yes, my sentiment has changed and I am not pleased at all with what we learned on that call, however, I remain quite confident in Neom going forward." Can you help us all understand why investors should remain confident in Neom going forward? And what is your expected time frame for "significant events"? Are they (the timing of these events) pushed to the right or do you still think we are looking at Q4? Are you willing to give a listing of probable significant events in order of sequence that leads you to remain confident?
I look forward to your response.
Thanks,
ss9173
BeConfident, Unfortunately, the tone of the conference call (which is essentially the "body language" behind the words expressed) did not project any sort of enthusiasm or even a cautiously optimistic feeling that Neom was even close to standing on its own two feet in the next couple of quarters. Nor was there any attempt to project a tone that they were close to mitigating the on-going serial dilution - in fact, it was stated at least twice by Mike Zima that it is probable that we will see dilution to the 5 billion share limit, which is deeply concerning to all of us.
The only positives that were expressed was that the industry is moving forward with bar code adoption and Neom is in a better position to capitalize on this opportunity.
Unfortunately, the industry does not seem to be in any rush to license our technology for whatever reason (perhaps because of the ongoing Scanbuy litigation and the European patents now being challenged).
And, if they anticipated that we would be ready to stand on our own two feet in the near future, wouldn't they have a different outlook on the scheduling of a shareholder meeting...instead of the dismal outlook that it would be a poor use of funds.
While I wish there would be a more positive outlook, I just don't see it in the cards for at least the next 6 months. And so we continue to wait patiently for Ian's business plan to deliver results, while YA benefits at our expense.
It appears from your recent posts that your confidence has deteriorated as well. I was actually hoping your prior positive outlook would come to fruition. . .for all of our benefit!
Let's hope something good happens at the Scanbuy Markman hearing in October...although not probable, an injunction against Scanbuy could indeed be game-changing and make us truly fly!
JMHO
ss9173
There hasn't been anything worthwhile disclosed on any conference calls to date...certainly not that has materialized into anything significant downstream. Why should this one be any different? I certainly have no such expectations. We can only hope that there really will be "big news" during Q4.
ss9173
Ninja, I found it via Google alert. I included the url - it's from BeaconEquity.com.
ss9173
Investment Report for NeoMedia Technologies Inc. (NEOM)
Submitted by admin on Monday, 27 July 2009
NeoMedia Technologies Inc. (OTCBB: NEOM)
http://www.beaconequity.com/investment-report-for-neomedia-technologies-inc-neom/
NeoMedia Technologies Inc. (NEOM) develops and sells device software and hardware for reading 1D and 2D barcodes. The Company’s software applications enable advertisers to market products in a mobile environment, including direct sales, couponing, ticketing and payments. Its NeoReader technology converts mobile camera phones into barcode readers; the NeoReader Enterprise and LavaSphere Enerprise software products equip mobile devices to read 1D and 2D barcodes; the NeoSphere management system to aid marketing professionals launch and manage Web-based marketing campaigns; NeoMedia Code Routing Service to exchange Internet content between device and Web platform; and the NeoMedia MSS to facilitate third-party ticketing and coupon database systems.
The Company’s hardware products include the multi-application EXIO II smart scanner for mobile couponing and ticketing software applications; and the XELIA for desktop 2D scanning solutions. The Company also provides integrated utilities to migrate Wang VS COBOL applications to UNIX or Windows NT environments.
Founded in 1989, the Company is headquartered in Atlanta, Georgia.
Share Statistics
Financial Summary
NEOM is an emerging technology company in infancy, with little revenue at this early stage of development.
Net loss for the first quarter of fiscal 2009 totaled $106.6 million, a very significant loss from a $3.6 million profit reported for the same quarter of fiscal 2008. The Company’s Form 10-K filed with the Securities and Exchange Commission (SEC) showed losses in “fair value of hybrid financial instruments” of $23.0 million; a loss of $33.3 million in the fair value of warrants; and a loss of 47.7 million in the fair value of debentures.
The Company’s total shares outstanding for the quarter ended March 31, 2009, was 1,503,082,652, down significantly from 9,570,919,928 shares outstanding reported for the quarter ended March 31, 2008.
Analyst Consensus
The Company is not covered by any major equities research firms at this stage of development.
Investment Highlights
NEOM develops and sells device software and hardware for reading 1D and 2D barcodes.
The market size for 1D and 2D barcode scanners in North America is expected to reach $968.2 million in 2012, according to Frost & Sullivan in its report entitled, Migration of 1D to 2D Barcode Scanners Market in North America. The growth to market maturity of both technologies differ widely, with the market for 1D barcode scanners and related technologies expected to grow at a CAGR of 5.7%, while the growth rate of the 2D market is anticipated to grow at 14.5% per year, the report revealed.
The 2D barcode technology is popular in Japan, but is still in its infancy in North America and Europe. The market is dependent upon device and software makers’ acceptance of the technology. In the United States, 45 million American cellphone users who use their phones to access the Internet, only 6.4 million actually purchases something from the Internet, according to research firm Nielsen.
Microsoft has recently shown interest in barcode technology, debuting Windows Live Barcode in 2006 to enable the transfer of information between computers, billboards and magazines. The barcode application received very little interest at that time, but Microsoft continued tweaking the product. With the recent release of Microsoft’s TagReader software, its compatibility with several smart devices such as Apple’s iPhone, Research in Motion’s BlackBerry, Nokia’s Symbian and Windows Mobile handset is expected to take the technology to the next important step in market adoption.
Google’s entrance into the market with its alliance with the Dallas-based company behind the Shopsavvy application–which has been widely adopted in Japan–is expected to further market acceptance of the technology.
On July 23, 2009, NEOM Europe announced the Company is increasing its presence in the Philippines with a pilot program with the Philippines’ Batangas Port. The exclusive deal with the Batangas Port involves a program to replace the longstanding ATM card ticketing system with NEOM’s real-time terminal ticket issuance. If accepted by the Port, the real-time ticketing system will be rolled out to ports throughout the Philippines’ 7,000 island archipelago.
On July, the Company signed a collaboration agreement with RCBC, Omniprime, and MRT-3, in which passengers will now be able to use their cellphones to purchase train tickets, allowing transactions to be monitored and traced by MRT management.
In addition, NEOM’s 2D barcode system technology will be rolled out at 100 Phoenix Petroleum gas stations within the Philippines. Customers can now pay for gasoline with their cellphones to earn loyalty points.
Technical Analysis
neom Investment Report for NeoMedia Technologies Inc. (NEOM)
Source: http://stockcharts.com/h-sc/ui
NEOM trades below its 13-day moving average. This bearish sign is even more significant because the moving average also trends lower.
The MACD for NEOM currently indicates a bearish signal. The MACD is below the signal line, a 9-day moving average, and is below the critical level of 0, which implies that the underlying moving averages are trending lower. Overall, the chart is bearish.
Comparative Analysis
NEOM competes with three privately-held North American companies, including Mobile Discovery, Scanbuy and SnapTell. NeoMedia Technologies Inc. is in the development stage.
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ss9173
Mobile Barcodes: JagTag vs Microsoft Tag or XBOX tags vs Sexy bum tags?
Posted by Bena Roberts on Jul 25, 2009 20:52
http://www.gomonews.com/mobile-barcodes-jagtag-vs-microsoft-tag-or-xbox-tags-vs-sexy-bum-tags/
I read the latest press release from JAGTAG. It starts by making a bold statement – “hot off the heels of the Microsoft announcement to incorporate 2D barcodes into its XBOX video games….. Fox Home Entertainment (FHE) is going mobile with JAGTAG, Comic-Con The cult Joss Whedon hit Dollhouse and “Miss March”.
What is going on Dollhouse?
The multifaceted Dollhouse S1 JAGTAG mobile campaign is featured in print ads, posters, and online purchase order confirmations. Users can snap a photo of the codes from the various touch-points and receive an exclusive video message from Whedon. The pre-order campaign (running for the last 2 weeks) has garnered an outstanding 40% conversion rate for consumers sending in their JAGTAG photos.
What is going on Miss March?
For the Blu-ray/DVD release of “Miss March”, FHE took the mobile campaign a step further by placing the barcodes embroidered across underwear worn by sexy models walking around the Comic-Con convention. The plan is designed to engage consumers at all levels. Fans will be able to access exclusive video content at Comic-Con via their cell phones.
jagtag Miss MarchFrom the press release:
“This campaign was a direct result of understanding the rabid fan-base that attends Comic-Con, and the ability to showcase rich video content via the mobile platform. By using JAGTAG it offers fans an opportunity to immediately engage with our product and helps in growing our mobile database,” says Mark Levien, Executive Director, Digital Marketing for FHE.
“The benefit of JAGTAG is that it has the broadest mobile reach and does not require an application to be downloaded,” says Ken Graffeo, Business Development, JAGTAG.
“We pride ourselves on utilizing cutting edge marketing technologies,” says Levien, “Partnering with JAGTAG has been extremely effective for reaching our goals.”
What we think?
This is very interesting. I love the way small player JAGTAG positions itself next to Microsoft in the start of this press release. It is ignoring UpCode, NeoMedia and ScanBuy. I think this is telling of how many start-ups view vendors such as Microsoft Tag (even though it is very new) as tougher competition than existing players.
The market for mobile barcodes is emerging rapidly and everything is being watched. Initiatives are a must and JAGTAG wants to get Microsoft’s attention with this announcement of its hit with FOX.
AND
To be honest, so it should. This is a great achievement for the company. As a HUGE Joss Whedon fan myself I love Dollhouse and I would be addicted to this barcode service. I believe the 40% conversion rate as even now I still download everything Buffy and Spike (sigh!).
Indeed, I am not so much a fan of ladies bums or Miss March –but placing the barcode on the “bum” or underwear is definitely a hit with the lads. I bet this was a bum hot deal at the convention!
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ss9173
Cool - great find! EOM
NeoMedia announces a new licensing program for mobile barcodes
Posted by Bena Roberts on Apr 23, 2009 12:34
http://www.gomonews.com/neomedia-announces-a-new-licensing-program-for-mobile-barcodes/
Tags: mobile, Mobile barcodes, Neomedia
I fear I might have been removed from the NeoMedia mailing list as I didn’t see this press release until today! But it’s very interesting in our mobile barcode space.
Basically, NeoMedia has published a bit about a new Licensing Program. The licensing program comes after it has won a re-examination of the “Barcode Lookup Patent” by the USPTO. This means that NeoMedia is wasting no time in showing that it owns the barcode patent and wants to get the license fee it has been hungry for.
From the press release:
“Now that the patent situation has been clarified, we are looking forward to quickly establishing a viable system that provides the critical elements needed to attract advertisers: reliability and scale. Our recent partnership with NeuStar demonstrates that an interoperable infrastructure is deployable now and provides advertisers with a trusted solution that delivers the largest audience in the U.S. mobile barcode marketplace. It was a great success and a real rallying point for the industry,” stated Iain McCready, CEO of NeoMedia.
What we think?
Licensing fees can be a pain –but are standard and often necessary. They can work in several ways, one single fee or a small retainer and then a revenue share; or just a revenue share…
At this moment, I am not sure which way NeoMedia is going but flexibility is essential. I am happy for NeoMedia that it has won its patent issues but the mobile barcode market is also still in its infancy. A hefty license fee will kill some companies off. We don’t want this here at GoMo News. So consideration is necessary.
I will try and do some digging and find out more on the type of agreement.
I remember in an old interview Iain McCready CEO of NeoMedia mentioned that he would make the licensing fee fair – so lets see.
Apart from that, what on earth is NeoSphere? Where did that name come from. We used to have qode then NeoReader and now some kind of NeoSphere management platform … fingers crossed (as NeoMedia pulls itself up the ladder) we don’t get lost in newness.
The most important thing now for the company and all mobile barcode companies is collaboration, standardisation and collective measures to succeed.