NeoMedia Technologies, Inc (NEOM)

[Banks]

SUNNYVALE, Calif.--(BUSINESS WIRE)--July 5, 2005--Applied Signal Technology, Inc. (Nasdaq:APSG), announced today that it has completed the acquisition of Dynamics Technology, Inc. ("DTI"), a privately-held company headquartered in Torrance, California with offices in Anaheim, California and Arlington, Virginia.

Applied Signal Technology announced a definitive agreement to acquire DTI on May 24, 2005. Under the terms of the agreement, Applied Signal paid approximately $30 million in cash subject to an adjustment based upon DTI's closing balance sheet. The acquisition is being treated as a purchase transaction. Applied Signal will maintain DTI's offices in Torrance and Anaheim, California, and Arlington, Virginia, gaining approximately 110 employees.

WOW! Announce aquistion on May 24 and its completed. BSD Software acqusition started at the end of last year I believe. What gives???