NeoMedia Technologies, Inc (NEOM)

[JPetroInc]

The Boston Globe covers MoBot acquisition

Fla. wireless NeoMedia buys Mobot of Lexington

August 2, 2005

http://www.boston.com/business/articles/2005/08/02/fla_wireless_neomedia_buys_mobot_of_lexington/


THE REGION

Breaking News Alerts Mobot Inc., a Lexington company that has pioneered systems that allow people to use wireless camera phones to get information from print advertisements, has agreed to be purchased for up to $11 million in cash and stock by a Florida wireless company.

The buyer, NeoMedia Technologies Inc., is a penny stock that trades on the Nasdaq ''pink sheets." Two-year-old Mobot has run promotions with magazines such as Jane and Vibe and the Warner Music Group that enable people who want to enter sweepstakes or get more information about an ad in a magazine to take a picture of the ad and e-mail it from their cellphone. NeoMedia offers similar services.