NeoMedia Technologies, Inc (NEOM)

[yellowjacket]

I read the PR quite a bit differently....It says that 12Snap revs HAVE increased and that NEOM and subs (in addtion to 12Snap) HAVE business that cannot be disclosed. "For the time being" shock and awe will apparently have to come later. Today's PR is not just about 12Snap IMO. YJ.

"FORT MYERS, Fla. & MUNICH, Germany, Oct 16, 2006 (BUSINESS WIRE) -- New and increased business from European carriers and handset manufacturers has increased the revenues generated by NeoMedia's 12snap"

"Mr. Jensen said that it was "frustrating to NeoMedia, our subsidiaries and our shareholders alike that we can not say more about some of the companies with whom we are doing business, exactly what that business is, and how much revenue it is generating."

"Unfortunately, particularly in Europe and especially in the technology industry, restrictions are written into many contracts," he said. "While NeoMedia and our subsidiary companies are growing in breadth and volume of services, as well as in producing revenues, we are simply not allowed by these contracts to provide more information.

"For the time being," Mr. Jensen concluded, "NeoMedia will have to be satisfied in some cases with being 'the man behind the curtain,' the power and the magic that continues to make some of the world's most successful mobile marketing programs run."