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NEOMEDIA TECHNOLOGIES INCORPORATED (OTCBB: NEOM)
"Up 77.50% on Monday"

Detailed Quote: http://www.otcpicks.com/quotes/NEOM.php

NeoMedia Technologies, Inc. is the global leader in optically initiated wireless transactions, bridging the physical and mobile world with innovative direct to web technology solutions. To provide a robust high-performance infrastructure for the processing of optical codes NeoMedia extends their offering with award winning Gavitec technology. Located in Germany, Gavitec AG - mobile digit is a leader in development and distribution of mobile scanners and software for mobile applications. In addition, Gavitec provides standardized and individual solutions for mobile marketing, couponing, ticketing and payment systems. To learn more, visit www.neom.com, www.neoreader.com, and www.mobiledigit.de.

NEOM News:

August 4 - NeoMedia Secures $8.7 Million Financing Commitment to Accelerate Implementation Plans

NeoMedia Technologies, Inc. (OTCBB: NEOM), the global leader in mobile barcode scanning, announced 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."

"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," added Jerry Eicke, partner at Yorkville Advisors.

ROAD WINGS INCORPORATED (OTC: RDWG)
"Up 63.64% on Monday"

Detailed Quote: http://www.otcpicks.com/quotes/RDWG.php

Road Wings, Inc. offers telecommunication services and is based in Henderson, Nevada.

RDWG News:

August 1 - Road Wings Updates Financials

Road Wings, Inc. (OTC: RDWG) has posted new financials on its Pink Sheets disclosure filings, available for view at www.pinksheets.com.

"As a direct result of our cash injections into OneFi Technologies, our ownership interest in OneFi continues to grow, benefitting from the OneFi balance sheet, also reflected on Pink Sheets," stated RDWG President Travis Grimmett. Grimmett went on to say that RDWG will, "continue to buy into OneFi Technologies on a consistent basis."

According to the Company, the most recent share structure of Road Wings as of August 1, 2008 is as follows:

Shares Outstanding — 446,000,000
Float — 351,000,000

TRIAD GUARANTY INCORPORATED (NASDAQ: TGIC)
"Up 56.16% on Monday"

Detailed Quote: http://www.otcpicks.com/quotes/TGIC.php

Triad Guaranty, Inc., through its subsidiary, Triad Guaranty Insurance Corporation, provides private mortgage insurance products in the United States. It offers primary insurance products, which provide mortgage default protection to lenders on individual loans, as well as cover a percentage of unpaid loan principal, delinquent interest, and expenses associated with the default and subsequent foreclosure. The company also facilitates the sale of mortgage loans in the secondary market. In addition, it provides modified pool insurance, which is written on structured bulk transactions initiated by underwriters of mortgage-backed securities, mortgage lenders, and mortgage investors. The company sells its products to residential mortgage lenders, such as mortgage bankers, mortgage brokers, commercial banks, and savings institutions through its sales group. Triad Guaranty was founded in 1987 and is based in Winston-Salem, North Carolina.

TGIC News:

July 30 - Triad Guaranty Names George Jackson as Chief Information Officer

Triad Guaranty Inc. (Nasdaq: TGIC) announced that George Jackson, 42, has been promoted to Chief Information Officer (CIO), a new position, and appointed to the company's Executive Committee.

Prior to the promotion, Mr. Jackson was Vice President of Information Services at Triad.

In his new role, Mr. Jackson will report to William Ratliff, the Chairman of the Board and currently the Company's President and Chief Executive Officer.

"During his 10 years at Triad, George has consistently demonstrated his leadership and his deep understanding of the role that information and technology systems can play in analyzing and managing mortgage risk, improving productivity and enhancing client satisfaction," said Mr. Ratliff. "Technology will play a critical role as our company's focus changes from being a mortgage insurance underwriter to becoming a strong loss mitigation partner to the GSEs and lenders. George's well-deserved promotion and appointment to our Executive Committee reflects Triad's ongoing commitment to technology."

Mr. Jackson joined Triad in 1998 as a Project Manger. Prior to joining the company he held IT positions at Unifi, ISSI and Roy F. Weston. Mr. Jackson earned a BS from George Mason University and an MBA from UNC-Greensboro.

ABOUT TRIAD GUARANTY INSURANCE CORPORATION

Triad Guaranty Inc.'s wholly owned subsidiary, Triad Guaranty Insurance Corporation, is a nationwide mortgage insurer pursuing a voluntary run-off of its existing in-force book of business. For more information, visit the company's web site at www.triadguaranty.com.

NUTRACEA CORPORATION (OTCBB: NTRZ)
"Up 50.75% on Monday"

Detailed Quote: http://www.otcpicks.com/quotes/NTRZ.php

NutraCea, a health-science company, develops and distributes stabilized rice bran and proprietary rice bran formulations. Its products include food supplements and medical foods that provide health benefits for humans and animals based on stabilized rice bran, rice bran derivatives, and the rice bran oils. The company's customers include consumer nutrition and healthcare companies, domestic and international food companies, and companion animal feed manufacturers. NutraCea was founded in 2000 and is headquartered in Phoenix, Arizona.

NTRZ News:

July 31 - NutraCea Announces Second Quarter Conference Call

* Company Reconfirms Revenue Guidance for Second Quarter
* All Construction Projects Are on Schedule

NutraCea (OTCBB: NTRZ), a world leader in stabilized rice bran (SRB), nutrient research and technology, announced that it will release its second quarter results on Monday, August 11, 2008, after market close.

Management will host a conference call at 5:30 p.m. ET on Monday, August 11, to review second quarter financial results. Interested parties should dial 800-257-1927. International callers should dial 303-262-2138.

The call is also available via a Webcast that can be accessed at www.investorcalendar.com/IC/CEPage.asp?ID=132444 and will be archived for 30 days.

The Company previously provided guidance on the first quarter conference call May 12, 2008 for revenues for the second quarter to be between $9 and $10 million. The Company is pleased to report that it will meet or exceed this guidance for the second quarter and that all of its previously announced construction projects are on schedule.

Management is continuing to evaluate various financing options available to them to fund the construction of the world's largest rice bran oil refinery in China and expects to announce the appropriate financing option before September 30, 2008.

LUMERA CORPORATION (NASDAQ: LMRA)
"Up 65.00% in after hours trading on Monday"

Detailed Quote: http://www.otcpicks.com/quotes/LMRA.php

Lumera Corporation designs electro-optic components based on proprietary polymer compounds for the telecommunications and computing industries. Its products include electro-optic modulators for satellite communications and optical switching for telecom components; and high speed optical interconnects for high speed signal processing and defense/aerospace applications. It has collaboration with the University of Washington to conduct research and development in the field of optical materials technology. The company was founded in 2000 and is headquartered in Bothell, Washington.

LMRA News:

August 4 - Lumera Reports Second Quarter 2008 Results, Confirms Progress on Proposed Merger

Lumera Corporation (Nasdaq: LMRA), a leader in photonics communication, reported financial results for the second quarter 2008.

Revenues totaled $1,499,000 for the three months that ended June 30, 2008 compared to $934,000 for the same period in 2007, reflecting an increase of 60%. Lumera’s loss from continuing operations totaled $1,649,000 or $0.08 per share for the second quarter of 2008 compared with a loss from continuing operations of $2,188,000 or $0.11 per share for the same period in 2007.

Revenues totaled $1,983,000 for the six months ended June 30, 2008 compared to $1,794,000 for the same period in 2007, reflecting an increase of 11%. Lumera’s loss from continuing operations totaled $5,226,000 or $0.26 per share for the six months of 2008 compared with a loss from continuing operations of $3,909,000 or $0.19 per share for the same period in 2007.

“We are pleased with our results this quarter," said Dr. Joe Vallner, Interim Chief Executive Officer of Lumera. “We have the highest level of government contract revenue commitments in our history which, as expected, will drive increasing contract revenues for us this year. Achieving our Telcordia testing milestones validates for us that our materials and devices can meet tough industry standards. Our restructuring efforts are bearing fruit, allowing us to focus singularly on our electro-optic business opportunities, and we’ve made good headway reducing embedded operating costs. We expect to see more of the same in the coming quarter leading up to our proposed merger.”

Lumera’s electro-optic business unit is developing a new generation of electro-optic modulators and other devices for optical networks and systems based on proprietary polymer materials.

During the quarter, Lumera announced that it had successfully completed its Telcordia standard reliability testing of its packaged polymer-based electro-optic modulators. Achieving these positive test results for the modulators demonstrates the viability of Lumera’s electro-optic polymer technology for component fabrication and validates the assertion that polymer modulators can pass the same rigorous tests required of industry standard components. Lumera is now in a position to share its internal reliability test results with potential customers and business partners.

The company also recently announced that it had completed a device shipment to Lockheed Martin in conjunction with a third order placed under the Material Transfer Agreement signed with Lockheed Martin in the first quarter 2008. This recent shipment evidences that Lumera’s relationship with Lockheed is continuing and expanding beyond electro-optic materials into prototype devices.

Proposed Merger with GigOptix, LLC

On March 27, 2008, Lumera Corporation and GigOptix, LLC (“GigOptix”) announced their entry into a definitive agreement to merge the two companies. Upon completion of the merger, which is subject to Lumera shareholder and other regulatory approval, existing securities holders of Lumera and GigOptix will each own approximately 50% of the outstanding securities of a new holding company named “GigOptix, Inc.” which will trade on the NASDAQ Market under the ticker symbol “GIGX.”

Lumera also recently announced that the Company had entered into definitive agreements with selected institutional investors to sell 4 million shares of its common stock and warrants to purchase an additional 2 million shares through a registered direct offering for net proceeds of approximately $2.8 million, after deducting offering fees and expenses. With the net proceeds from this offering, which was completed on July 16, 2008, we have met the minimum capital requirements closing condition in the GigOptix merger agreement.

Activities associated with our proposed merger with GigOptix continue to progress, albeit on a delayed schedule, due to a longer than expected period to produce audited GAAP financial statements at GigOptix. Information pertaining to the proposed merger, audited historical results for GigOptix LLC, and pro forma financial statements of the combined businesses will become available when an initial Registration Statement on Form S-4 is filed with the SEC. Due to the time required to produce the GigOptix financial statements, we currently expect to file the S-4 prior to the end of the third quarter. At that time, we anticipate holding a joint conference call to introduce Dr. Avi Katz and to discuss the proposed merger with GigOptix.

Summary Financial Discussion

Revenues totaled $1,499,000 for the three months ended June 30, 2008 compared to $934,000 for the same period in 2007, reflecting an increase of 60%. Government contract revenues totaled $1,377,000 for the current three month period, an increase of $448,000 or 48% from $929,000 in 2007. The expected increase in our current quarter contract revenues is related to additional and renewed government contracts awarded late in the first quarter. Product revenues for the three months ended June 30, 2008 totaled $122,000 consisting of electro-optic devices, primarily to Lockheed Martin. Product revenues for the same period in 2007 totaled $5,000.

Revenues totaled $1,983,000 for the six months ended June 30, 2008 compared to $1,794,000 for the same period in 2007, reflecting an increase of 11%. Government contract revenues totaled $1,850,000 for the current six month period, an increase of $147,000 or 9% from $1,703,000 in 2007. Product revenues for the six months ended June 30, 2008 totaled $133,000 consisting of electro-optic devices and materials. Product revenues for the same period in 2007 totaled $91,000.

Expenses from continuing operations for the three months ended June 30, 2008 totaled $2,560,000 compared to $2,939,000 for the same period in 2007. The decline in operating expenses is mostly due to lower non-cash stock based compensation costs in the current period. Increases in professional fees related to our proposed merger were mostly offset by decreases in other expenses associated primarily with cost reduction measures.

Expenses from continuing operations for the six months ended June 30, 2008 totaled $6,506,000 compared to $5,398,000 for the same period in 2007. Research and development expenses increased by $362,000 to $1,572,000 for the six months ended June 30, 2008 from $1,210,000 in 2007 due primarily to lower contract revenues in the current period which caused an increase in direct labor and related overhead costs applied to research and development expense, and to higher materials costs associated with device packaging development. Marketing, general and administrative expense increased by $746,000 to $4,934,000 for the six months ended June 30, 2008 from $4,188,000 in 2007. The increase results from higher legal and financial advisory fees of $1,092,000 associated with our proposed merger, a $500,000 collectability reserve against the Note Receivable from Asyrmatos and higher headcount related compensation expenses of $182,000, which include severance costs, lower non-cash stock based compensation costs of $769,000 due to option forfeitures associated with current period reductions in workforce and other general administrative cost reductions.

Lumera’s loss from continuing operations totaled $1,649,000 or $0.08 per share for the second quarter of 2008 compared with a loss from continuing operations of $2,188,000 or $0.11 per share for the same period in 2007.

Lumera’s loss from continuing operations totaled $5,226,000 or $0.26 per share for the six months ended June 30, 2008 compared with a loss from continuing operations of $3,909,000 or $0.19 per share for the same period in 2007.

Discontinued Operations

As required by the provisions of Statement of Financial Accounting Standards No. 144 Accounting for the Impairment of Disposal of Long-Lived Assets, Lumera began reporting the results of Plexera as discontinued operations in the quarter ended June 30, 2008. As such, the discussion above relates only to Lumera’s continuing electro-optics business unless otherwise noted.

Lumera’s net loss from discontinued operations totaled $37,000 and $2,501,000 for the three and six months ended June 30, 2008, respectively, or $0.00 and $0.12 per share compared to a net loss of $1,155,000 and $2,130,000 for the same respective comparative prior year periods, of $0.06 and $0.11 per share.

Conference Call

Lumera will host a conference call to discuss results of its second quarter 2008, introduce GigOptix’s CEO, Dr. Avi Katz, and discuss plans of the proposed merger once GigOptix’s financial audit is completed and the S4 has been filed with the SEC. Information on the date and time of the call along with dial-in telephone numbers will be released at a later date.

SIMTEK CORPORATION (NASDAQ: SMTK)
"Up 44.33% on Monady"

Detailed Quote: http://www.otcpicks.com/quotes/SMTK.php

Simtek Corporation, a fabless semiconductor company, designs and markets high-speed, re-programmable, and nonvolatile semiconductor memory products. It offers 16, 64, and 256-kilobit and 1-megabit nonvolatile static random access memory products, which consist of nonvolatile memories that combine static random access memory and nonvolatile elements within memory cell on a single silicon chip. The company's products are used in various systems, including RAID servers, industrial automation, GPS navigational systems, robotics, medical instrumentation, and networking and telecommunications equipment. Simtek Corporation sells its products primarily in the United States, Europe, and Asia/Pacific. The company was founded in 1986 and is headquartered in Colorado Springs, Colorado.

SMTK News:

August 1 - Cypress to Strengthen Leadership Position in Nonvolatile Embedded Memory Solutions With Acquisition of Simtek Corp.

Nonvolatile SRAMs Ideal for Use in Secure Data Storage Applications For Embedded Systems

Programmable solutions leader Cypress Semiconductor Corp. (NYSE: CY) and Simtek Corp. (Nasdaq: SMTK), the world’s leading supplier of nonvolatile static random access memory (nvSRAM) integrated circuits, announced that they have reached an agreement whereby Cypress will acquire Simtek in an all cash transaction for $2.60 per share of Simtek common stock, or an aggregate value of approximately $46 million (including the value of Simtek shares held by Cypress).

The transaction will be structured as a cash tender offer for all of the outstanding shares of Simtek common stock and is subject to customary closing conditions, including regulatory approvals. The transaction is expected to close in or prior to the fourth calendar quarter of 2008.

Simtek’s nvSRAMs provide the high-speed memory access of standard SRAMs (15-ns access time), but retain data when power is turned off—a feature critical to applications where secure data storage is essential to system functionality. This combination of features makes the devices ideal for applications requiring critical data retention under almost any operating conditions, such as RAID (Redundant Array of Independent Disks) data storage, industrial controls, military and avionics, medical patient monitoring and automotive systems.

Cypress currently holds approximately four-percent of Simtek’s outstanding common stock and has been marketing and licensing Simtek’s technology since engaging in a joint product development agreement with Simtek in March 2006.

“Simtek’s nvSRAM technology combines with our S8 (0.13-micron) design platform to provide outstanding features and functions for the embedded marketplace,” said Ahmad Chatila, executive vice president of Cypress’s Memory and Imaging Division. “We are looking to integrate this technology into many of our products, including our PSoC® Programmable System-on-Chip™, providing a highly integrated control and power failure solution for complex analog and digital systems.“

Robert Pearson, chairman of the board of Simtek, added: “This is the result of a long and rigorous process of evaluating the Company's strategic alternatives. Cypress’s global presence and manufacturing muscle along with its longstanding expertise in SRAMs will accelerate acceptance of Simtek’s world-class nvSRAM technology by broader markets and application areas. Simtek’s worldwide team of technical and business professionals is excited to become a part of Cypress’s globally recognized and respected team.”

ABOUT CYPRESS

Cypress delivers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress offerings include the PSoC® Programmable System-on-Chip™, USB controllers, general-purpose programmable clocks and memories. Cypress also offers wired and wireless connectivity solutions ranging from its WirelessUSB™ radio system-on-chip, to West Bridge™ and EZ-USB® FX2LP controllers that enhance connectivity and performance in multimedia handsets. Cypress serves numerous markets including consumer, computation, data communications, automotive, industrial, and solar power. Cypress trades on the NYSE under the ticker symbol CY. Visit Cypress online at www.cypress.com.