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Re: None

Wednesday, 08/09/2006 7:37:31 PM

Wednesday, August 09, 2006 7:37:31 PM

Post# of 326350
12snap silent partners - from page 55

During the six months ended June 30, 2006, NeoMedia made cash payments totaling $2.1 million to silent partners of 12Snap, as partial payment under silent partner agreements put in place prior to the acquisition of 12Snap by NeoMedia. The agreements call for additional cash payments of $2.1million on or before December 31, 2006.

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