NeoMedia Technologies, Inc (NEOM)

[smartbiz85]

NeoMedia Technologies, Inc. (OTC BB: NEOM) said today it has an agreement with Tibbs Information Systems, Inc. (TIS), to "team-up" to compete for Homeland Security and government contracts, on which they will also "partner" with major high technology industry leaders.

So far the only partnership we have made since this PR in this sector has been SST(very good one!). Since I see an "s" after leader I'm going to assume that we may make another partnership in the homeland security sector.

"As HUBZone companies, NeoMedia and TIS have a leg up on competing for U.S. government contracts as partners of major companies," noting that "there is also a significant international market for applications on which NeoMedia and TIS are working." http://www.hubzone.com/

This confirms my belieft that NeoMedia will be developing new applications. They are working on application's right now.

"Chas Fritz, NeoMedia's chairman and founder, said NeoMedia and TIS "have a synergistic approach to solving traditional and emerging problems using leading edge technologies." He cited e-authentication, homeland security, and voter application and identification as "at the top of the problem-solving list for U.S. and foreign governments and the vendors on whom they rely.

"NeoMedia recognizes the added value of having a key partner such as TIS in competing for federal and state government business," said Fritz. "We believe the NeoMedia-Tibbs team will be seen as formidable in Homeland Security, e-authentication, and government supply chain applications, as well as the recent Help America Vote Act, which will receive some $4 billion in funding over the next three years."

This was put out about almost a year ago... Looks like the press is catching up to NeoMedia's PR: http://story.news.yahoo.com/news?tmpl=story&u=/ap/20040206/ap_on_hi_te/virtual_voting_3"<....

Philip A. Tibbs, co-founder and president of TIS, agrees. "Our teaming with -- and the plans we have for a full joint venture agreement partner with -- NeoMedia provides a great opportunity to pool resources and our small firm know-how to make for a very significant partnership," he said. "NeoMedia's pioneering efforts in embracing radio frequency identification (RFID), voice recognition, bar-code scanning and other auto ID technologies put it at the forefront in our industry. We believe partnering with NeoMedia to be mutually beneficial as both companies share the goals of finding the best persons to work with and to make the world a better, safer place in which to live."

http://www.neom.com/corporate/press/2003/20030303.jsp

~smartbiz