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InvestSource, Inc.: NeoMedia Secures Commitment for Financing(M2 PressWIRE Via Acquire Media NewsEdge) RDATE:05082008 Stocks in the News: NeoMedia Technologies, Inc. (OTCBB: NEOM), Imation Corp (NYSE: IMN), Juniper Networks, Inc. (NASDAQ: JNPR), Geeks on Call Holdings, Inc. (OTCBB: GOCH) Aug 04, 2008 -- NeoMedia Technologies, Inc. (OTCBB: NEOM), the global leader in mobile barcode scanning, announced today that it has received an $8.7 million financing commitment from YA Global Investments, LP -- a private investment firm that specializes in structured finance and direct investments, subject to NeoMedia achieving certain agreed upon milestones over the next six months. The funds will accelerate implementation of NeoMedia's aggressive go-to-market plans under new CEO, Iain McCready. These plans will focus on providing mobile barcode scanning infrastructure to carriers, NeoReader scanning software to handset manufacturers and code implementation products to the advertising community. NeoMedia also offers flexible and creative IP licensing models to enable each of these constituents to develop solutions that enrich the mobile barcode ecosystem. "We have great confidence in Iain and believe he will be a successful steward of our investment by leveraging NeoMedia's expertise and technology to bring barcode scanning technology into the mainstream. Iain understands the importance of interoperability and standardization in enabling a global ecosystem. More importantly, he understands the path to revenue realization is predicated on disciplined product strategy and operational precision," stated Jerry Eicke, partner at Yorkville Advisors. "Obviously, we are pleased by Yorkville's continued investment in our business. They have been supportive partners in NeoMedia's efforts to establish a business system the world can embrace. The time is now for NeoMedia to leverage our strong intellectual property, technology solutions and industry expertise to mobilize this mobile barcode ecosystem," stated Iain McCready, CEO of NeoMedia. "It's taken a lot of time and effort to get the vision and relationships in place. Now we are well positioned to execute our product roadmap and provide best-in-class experiences for our customers, partners and consumers." Added Jerry Eicke, partner at Yorkville Advisors, "By providing access to NeoMedia's IP and championing interoperability, global adoption of mobile barcode scanning can be achieved. Our funding provides NeoMedia with the support needed to develop next generation products and enable global support of its IP licensing efforts." Aug 04, 2008 -- Memorex, the leading brand of optical media at U.S. retail and a portfolio brand of Imation Corp (NYSE: IMN), today introduces the Essential TravelDrive(TM), the latest addition to its award-winning line of portable storage devices. The USB-based product features 2.5-inch hard drive technology, which delivers up to 320 GB of capacity, is available in several vibrant colors and easily fits into a pocketbook or purse. With capacities of 160, 250 and 320 GBs respectively, the Essential TravelDrive portable hard drive provides users convenient, portable sharing and safeguarding of precious data, including photos, videos and music. The drive's USB interface ensures compatibility with both Mac and PC desktops or laptops, and is powered via a USB connection, eliminating the need for an additional power source. Backup software and a blue, flashing LED data transfer display completes the package. "Memorex once again provides the convenience of a powerful, yet essential portable hard drive from a name consumers trust," said Keith Schwartz, director, North America sales and marketing, Imation Corp. "The new, slim, Essential TravelDrive portable hard drive helps promote important file sharing with the style and choice users want." Aug 04, 2008 -- Juniper Networks, Inc. (NASDAQ: JNPR), the leader in high-performance networking, today announced the next generation of its comprehensive, standards-based Juniper Networks Unified Access Control (UAC) 2.2 software and the Juniper Networks Infranet Controller 4500 (IC 4500) and Infranet Controller 6500 (IC 6500) hardened, centralized policy management servers. Juniper's enhanced Access Control Solution with the new UAC and Infranet Controllers delivers best-in-class scalability and performance and provides centralized access policy management via today's newly announced Juniper Networks Network and Security Manager (NSM). This enables high-performance businesses to simplify rollout, deployment and provisioning of secure network access and to attain comprehensive network visibility with broad enforcement capabilities across the most diverse and complex environments-a significant advance in network access control (NAC) that enables enterprises to increase security while reducing cost and maximizing IT efficiencies. "Providing secure, consistent yet differentiated network and application access that drives high-quality collaboration and interactions between students, faculty, contractors and partners is a challenging task for today's increasingly distributed environments," said William Caplins, Director of Technology at St. Mary's County Public Schools, who deployed Juniper Networks UAC with the help of Data Networks, a Juniper Networks Elite Partner. "Juniper's comprehensive, scalable UAC solution enables us to continue to grow and sustain business productivity without sacrificing security. With advancements in policy management and continued standards support, UAC makes it even simpler and cost efficient for us to deliver granular access control. We like the direction Juniper is going." Aug 04, 2008 -- Geeks on Call Holdings, Inc. (OTCBB: GOCH), a premier national provider of professional IT solutions to small business and residential customers through its national network of franchise and Company-owned locations under the trade names Geeks On Call , 1-800-905-GEEK(TM), and CallTheGeeks.com(TM), announced today it has become an authorized reseller of Hewlett-Packard products and services through HP's PartnerONE Program, a network of approved Enterprise and SMB solution providers. As an added convenience for customers of their mobile computer services, Geeks On Call offers a variety of software products and supplies that will now include the HP line of desktops, workstations, laptops, printers, storage media, servers and networking products. The SMB network branded through HP's PartnerONE Program provides member benefits beyond HP product access, including co-branded materials, targeted marketing to pre-defined customer leads, special promotions, sales and technical training through the partner portal, and business networking opportunities. These benefits will help Geeks On Call franchise partners generate new business and relationships in their communities through increased local and national market presence. According to Rich Artese, Geeks On Call Executive Vice President and Chief Operating Officer, "Hewlett-Packard's partner program came to our attention at the perfect time in Geeks On Call's Company expansion. A substantial and growing portion of our IT services are geared toward small business. We pride ourselves on helping our customers build their businesses through increased productivity, efficiency, and data security. The HP PartnerONE program, with its targeted small business marketing approach and network of SMBs, will generate new business opportunities for our franchisees and place Geeks On Call within an exclusive community created by one of the nation's top technology manufacturers." Market Wrap for August 4th, 2008 The stock market posted a steep decline on Monday as plunging crude oil and commodity prices caused a steep sell off in energy and material names, but did not translate into large gains in the broader market. Selling interest was also fueled by continued concerns regarding financials and a June personal income and spending report that showed higher-than-expected inflation. Crude prices plunged 3.0% to $121.30 per barrel and commodities as a whole tumbled 3.4%. There was no specific news item to account for the retreat, although there was speculation that a large hedge fund had to liquidate its positions. The energy sector (4.9%) fell on the retreat in crude prices. Likewise, material stocks slipped 4.2%. Lately, the stock market as a whole has rallied when the price of crude oil declined. This session, however, only saw modest buying interest on the drop in crude -- the transportation sector (-0.8%) was not even able to muster a gain. As a result, weakness in the materials and energy sectors offset the benefit that the rest of the stock market saw due to the drop in crude and commodity prices. Only three sectors posted a gain -- consumer discretionary (+0.5%), consumer staples (+1.2%) and health care (+1.3%). The drop in crude prices helped the financial sector recover from its session low when it was down 2.9%, although the sector still underperformed with a loss of 1.3%. In terms of economic news, the June personal income and spending report was mixed, with investors showing disappointment regarding the report's inflation component. Month-over-month, personal income rose 0.1% (-0.2% consensus), personal spending increased 0.6% (+0.4% consensus) and core PCE, the Fed's preferred inflation measure, rose 0.3% (+0.2% consensus). Total PCE is up 0.8% month-over-month. As a result, real spending and income actually fell in June. Separately, the latest factory orders report showed that the manufacturing sector is much healthier than is widely recognized. June total factory orders were up 1.7%, which is much stronger than the expected gain of 0.7%. Excluding transportation, orders rose 2.3%. Tuesday brings the widely anticipated FOMC announcement. The fed funds rate is expected to remain unchanged at 2.00%, so the wording of the Fed's directive will be the main trading catalyst. ABOUT INVESTSOURCE, INC.: WIN an 8 day 7 nights Caribbean Getaway, GO TO: www.investsourceinc.com. 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