NeoMedia Technologies, Inc (NEOM)

[streetstylz]

HUGE news this morning


* Bems announced it had been chosen by Telefonica International as its exclusive partner to develop a 2D barcode business in Latin America for the next 4 years.

* NeoReader will be the preferred barcode reader for pre-installation on handsets and all code transactions will be routed through the NeoMedia infrastructure.

* The solution will be distributed to markets including Argentina, Brazil, Chile, Columbia, Ecuador, El Salvador, Guatemala, Mexico, Nicaragua, Panama, Peru, Venezuela and Uruguay.

* Bems and NeoMedia will implement the interoperable standard of 2D barcodes based on the recommendations of the GSM Association, guaranteeing compatibility with other global operators, not only in Latin America, but also throughout the rest of the world.


Me thinks Scanbuy has lost the Latin American market


Best,
Sean