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Poptech

04/08/10 4:59 PM

#212705 RE: TradingCharts #212704

Mobile ticketing may include a barcode. The barcode is scanned using special scanners. NeoMedia has sold the scanners but I am not clear if this is intended to be an on-going business. NeoMedia refers to the scanners as "legacy" systems but they are generating significant percent of their revenue from these systems.

There are a large number of patent application related to this technology and about as many start-ups with mobile couponing.

Mobile ticketing does not have a need for a clearinghouse.

There are still many security issues to fix, but I think we will quite a bit of this by the end of the year.