Monday, August 8, 2011

NeoMedia Technologies (OTC:NEOM) CFO Resigns; Big Volume Today

NeoMedia Technologies (OTC:NEOM) CFO Resigns; Big Volume TodayNorthern, WI 8/8/2011 (PennyPayDay) – NeoMedia Technologies, Inc. (OTC:NEOM) recently announced, in a press release, that Mike Zima, the Company’s Chief Financial Officer, has tendered his resignation. Robert Thomson, the current Corporate Controller, has been appointed by the Company’s Board of Directors as interim CFO with immediate effect. NEOM is one of the more actively traded stocks from the smallcap space. As I write, shares of the company were trading down slightly at $0.03 per share on volume of nearly 3 million shares.

"We would like to thank Mike for his contribution to NeoMedia and wish him well," said Laura Marriott, CEO and Chairperson of the Board, NeoMedia. “We are looking forward to working with Robert in his new role, which we know he has the right experience and skills to seamlessly transition into. It is an exciting time for NeoMedia as we maximize the opportunities for the organization in the emerging mobile barcode ecosystem.”

NeoMedia Technologies is a provider of 2D mobile barcode technology and infrastructure solutions that enable the mobile barcode ecosystem world-wide. Its technology platform transforms mobile devices with cameras into barcode scanners, enabling a range of practical and engaging applications including consumer oriented advertising, mobile ticketing and couponing, and business-to-business commercial track and trace solutions.

NeoMedia’s suite of products, services and extensive IP portfolio means it is the only provider able to offer customers a comprehensive end-to-end mobile code solution. NeoMedia’s current customers include handset manufacturers, platform providers and brands and agencies looking to offer pioneering mobile barcode solutions to their customer base.

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