NeoMedia Technologies, Inc (NEOM)

[Pulaski County]

February 21, 2006

Investology

In response to your 12/26/05 post regarding the use of CCI (35)as a good indicator of a breakout for NEOM, why did you use "35" as your number of days? Do you always use 35 or is this number adjusted on a stock by stock basis?

I noticed when you referred to the use and benefit of the CCI (35)in reference to a call on GTE in late December 2005, you also used 35.

You have made me aware of the CCI (Commodity Channel Index)and how it may be used as a useful TA (Technical Analysis Tool)to identify a potential movement of a stock.

Thanks for sharing your insight because I have come to the conclusion that entry and exit is what determine a profit and/or prevent a loss.

Pulaski County