NeoMedia Technologies, Inc (NEOM): Tranche funding

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Re: neotechian post# 149503

Sunday, 10/12/2008 10:56:43 AM

Sunday, October 12, 2008 10:56:43 AM

Tranche funding - NeoReader milestones

In order to receive the second tranche $2,325,000.00:

(1) The Company shall have completed upgrades to its NeoReader mobile phone technology to enable compatibility with multiple mobile platforms (including Java, Windows Mobile and Symbian) in compliance with Original Equipment Manufacturer (OEM) standards, and with multiple barcode symbologies (including Data Matrix, Aztec, QR Code and various 1D symbologies) in each case in compliance with Association for Automatic Identification and Mobility (AIM), and/or industry standards.

(3) The Company shall have completed the design, development, and manufacture of next generation scanning hardware and created two new next generation scanners, in each case to the reasonable satisfaction of the Buyer.

http://www.sec.gov/Archives/edgar/data/1022701/000114420408043681/v121767_ex10-1.htm

http://www.sec.gov/Archives/edgar/data/1022701/000114420408043681/v121767_8k.htm