NeoMedia Technologies, Inc (NEOM)

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iPoint DD: iPoint Media chairman Efraim Sagi buys 2.79 pct

http://www.hemscott.com/news/latest-news/item.do?newsId=38287486350707

LONDON (AFX) - iPoint-media plc, a provider of 3G/IP video interactive application platforms, said Efraim Sagi Investments Ltd, a company which is wholly owned by non-executive chairman Efraim Sagi, has purchased 2,550,954 ordinary shares in the company at 7.9 pence each, equivalent to 2.79 pct.

This represents his entire interest in the capital of the company.

The company also said Cornell Capital Partners, LP and NeoMedia Technologies Inc have disposed of 7,573,975 and 12,875,609 shares, respectively.

Both Cornell and Neomedia no longer have a notifiable interest in the company. iPoint also said Equital Ltd, j.o.e.l. Jerusalem Oil Exploration Ltd and Clal Finance Batucha Investment Management Ltd have each acquired and now hold 4,336,621 shares, representing 4.74 pct.

In addition, Bicurie Hasade Darom Agricultural Produce Marketing (2002) Ltd has acquired and now holds 3,188,692 shares, representing 3.49 pct. [e-mail] slm

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