NeoMedia Technologies, Inc (NEOM)

[nukuhiva]

The credentials of the new COO to lead Paperclick is a nugget that this board ignored so far ..... he is a PRO in the meanwhile
the price drop today was very healthy ... new base to grow ...

The source
http://www.160characters.org/news.php?action=view&nid=1081


Mobile marketing firm 12snap concluded 2003 with positive cash-flow in its core European markets UK, Germany and Italy, with turnover up 40% compared to previous year.

This is the first time that 12snap has broken even across its offices. It also achieved its 3-year goal to exceed €7 million in turnover in their core mobile marketing business, increasing 40% against the previous year.

The company started out in 2000 offering consumer auctioning by mobile and later switching to focus to “mobile marketing“ – mobile interactive consumer marketing.

“2003 was very successful not only in terms of the quality of our creative work, but also financially for the entire group,” says Dr. Michael Birkel, CEO of 12snap AG. “After being awarded a Silver Lion at Cannes, one of the most sought-after marketing prizes, and receiving commendations from leading industry magazines ‘Campaign’ and ‘Marketing’ in the UK, we are now achieving the anticipated financial breakthrough on the operating side, leaving us room to focus more on expansion.”

“As a service company straddling the telecommunications and marketing services industries, we’re ideally positioned to take advantage of the economic rebound underway in both these sectors,” comments Martin Copus, Managing Director of 12snap’s UK operations.

12snap shareholders include Nokia Ventures, Vodafone, Apax Partners and Argo Global.