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Re: StarSpangledBanner post# 2420

Thursday, 03/03/2011 10:28:25 AM

Thursday, March 03, 2011 10:28:25 AM

Post# of 2724
JEDM to open a mobile application store!

CARDIFF, Calif., March 3, 2011 /PRNewswire/ -- Mind Technologies, Inc. (http://mindtechnologiesinc.com) (Pink Sheets:JEDM.pk - News), a leader in thought controlled technologies, announced today that the Company has begun the process of opening a mobile applications store. The first mobile applications which are being developed for Google's ANDROID and Apple's iPhone are expected to become available by the end of the second quarter and the online store will be rolled out with the first available applications. In addition, Mind Technologies is setting up a revenue sharing plan for outside developers of mobile thought controlled technology applications. All of the mobile applications being developed by Mind Technologies will work with the new proprietary headset being developed by the Company.

Mind Technologies will host a second investor conference call for investors and prospective investors on March 16, 2011 at 4:00 PM EST. The call in number and access code will be issued via the website and news release on Monday, 14 March, 2011.

Among items to be discussed include:

* Update on funding through 60% owned Mind Solutions, Inc.
* Positive effects of European Funding on capital structure of JEDM
* Second generation Brain Computer Interface (BCI) progress
* Management and Advisory board additions


"Development of the new headset as well as mobile applications is progressing on schedule and we expect to have detailed updates for our investors on our quarterly conference call," said Mind Technologies CEO and President, Brent Fouch. "We are working on several fronts right now and expect to continue expansion of development of thought controlled technologies for the foreseeable future. The growth of the mobile applications market is astounding and we want to be the leader in mobile apps for thought controlled technologies," Fouch said.
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