NeoMedia Technologies, Inc (NEOM)

[ss9173]

Summary of TS Subscriber Update Tonight:

TS still expects Neom to be included in Microsoft's wireless operating system. He mentioned the Palm 700's as being part of that connection.

He recommended buying Neom on pullbacks below 0.30, and still believe the pps can hit $1.50 if it can strike a lucrative license deal with one of the big boys in mobile commerce. He now hopes that will happen by mid-2006.

Overall, he portrays a positive attitude regarding Neom while also admitting some frustration that "judgement day with Microsoft" has not yet occurred.

SS9173