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NeoMedia Telecom Agrees to Take Over Service Bureau Business from Key Customer.


FORT MYERS Fort Myers, city (1990 pop. 45,206), seat of Lee co., SW Fla., on the Caloosahatchee River, near the Gulf of Mexico; founded 1850, inc. 1905. It has a tourist trade and light industry and is a shipping point for citrus fruits, winter vegetables, flowers (especially , Fla. & CALGARY, Alb. -- NeoMedia Telecom Services, a provider of services to the telecommunications industry and a business unit of NeoMedia Technologies, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: NEOM), announced today that the signing of an agreement with MPGC MPGC Middle East Petroleum and Gas Conference
MPGC Minnesota Planned Giving Council
MPGC Micro Pixel Gas Chamber
MPGC Multi-Photo Geometrically Constrained
MPGC Maine Planned Giving Council
MPGC Micro-Pattern Gas Chamber
MPGC Muramic Polysaccharide-Glycan Complex
, Inc., of Dallas - one of its biggest customers -- to take over part of its U.S.-based business.

NeoMedia Telecom will now work directly with customers previously serviced by MPGC, an aggregator of telecom services. NeoMedia Telecom will provide these customers -- service bureaus in the U.S. -- with networks and billing services, as well as offer them other business solutions and services.

NeoMedia Telecom anticipates that revenues from the previous MPGC customers could be as much as $2.5 million over the next 12 months.

About NeoMedia Telecom

NeoMedia Telecom (www.tritonglobal.ca), including its majority-owned Triton Global subsidiary, is a business unit of NeoMedia Technologies, Inc., and is a leading provider of network access, billing, clearinghouse and information management services to the telecommunications industry. NeoMedia Telecom helps its clients improve services and profitability by enabling them to streamline their operations and make quicker, more informed business decisions.

About NeoMedia Technologies, Inc.

NeoMedia Technologies, Inc. (www.neom.com), is a diversified diversified (di·verˑ·s  global company offering leading edge, technologically advanced products and solutions to its clients developed out of market-identified needs. From mobile marketing to telecom services to auto rejuvenation Rejuvenation
Aeson

in extreme old age, restored to youth by Medea. [Rom. Myth.: LLEI, I: 322]

apples of perpetual youth

by tasting the golden apples kept by Idhunn, the gods preserved their youth. [Scand. Myth.
, NeoMedia delivers powerful end-to-end solutions (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved.

Compare: turn-key solution.
 built upon its solid family of patented products and processes, and management experience and expertise.

This press release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.

Trademarks are properties of their respective owners.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 3, 2006
Words:311
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