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scooz
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Dec. 15, 2009, 2:01 p.m. EST · Recommend · Post:

Jedi Mind Provides Summary Update to Shareholders
CARDIFF, Calif., Dec 15, 2009 /PRNewswire-FirstCall via COMTEX/ -- Jedi Mind, Inc. (Pink Sheets: JEDM) (www.jedimindinc.com) is providing a summary update of the Company's progress through 2009 to highlight milestones achieved and provide guidance through 2010.

Applications Developed- The Company has completed their first thought-controlled application, which is a game called "Think-Tac-Toe". This is a significant milestone for the Company and its shareholders, confirming the ability of our top-tier programming team to complete projects in a timely and cost-effective manner. The Company conservatively anticipates sales of 15,000 units in 2010, which would provide $735,000 in sales and a gross profit margin in excess of 80%. This is the first of several applications being developed for both the gaming industry as well as for medical applications. The Company plans to release one new application every quarter through 2010, with an emphasis on medical applications.

Excellent Financial Shape- The company is now debt free and has an excellent cash position to expand both the gaming and medical divisions through the rest of 2009 and into 2010. Jedi Mind has in excess of $500,000 of working capital which is being used to hire additional top quality programmers, expand their facility and upgrade computer hardware and software applications to the latest standards.

Board of Advisors- The Company announced that Dr. Gordon Chiu has joined Jedi Mind, Inc.'s advisory board and will head up the new medical division. Dr. Chiu has worked for both Pfizer Inc. and Merck & Co. Inc. as a research scientist and has healthcare and marketing experience with strong links to Wall Street and Asia. The Company plans to add experts in their field to the Board of Advisors throughout 2010 that will provide invaluable input to the development and marketing of both gaming and medical application technologies.

Media Coverage on CNBC and CNN- The Company has announced that the filming of "Inside Business" hosted by Fred Thompson is now complete. The segment featuring Jedi Mind will air nationwide on CNBC, CNN Headline News and on over 1,300 other media outlets, which is expected to reach an audience of over 90 million viewers. The segment is expected to air in approximately six weeks, with dates and times to be announced as soon as they are confirmed.

2010 And Beyond- The Company has made significant progress since going public in April, 2009 and plans to accelerate this pace through 2010. The Company has recently hired a top-tier PR firm with over 30 years experience, to bring Jedi Mind's technology to the mainstream media and provide additional exposure for the Company and applications being developed. Jedi Mind has engaged an international investment banking firm to provide up to $5,000,000 for the medical applications division. The Company expects to provide a formal announcement to shareholders in the first quarter 2010 regarding the progress and terms of the financing being discussed.

Jedi Mind, Inc. would like to thank all its shareholders for their continued support and wishes everyone a Happy Holiday season.

www.JediMindInc.com

Safe Harbor:

From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.

SOURCE Jedi Mind, Inc.

http://www.JediMindInc.com

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scooz
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Nice numbers in that news..let's see some higher highs no
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scooz
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The Company conservatively anticipates sales of 15,000 units in 2010, which would provide $735,000 in sales and a gross profit margin in excess of 80%. This is the first of several applications being developed for both the gaming industry as well as for medical applications. The Company plans to release one new application every quarter through 2010, with an emphasis on medical applications.


Excellent Financial Shape- The company is now debt free and has an excellent cash position to expand both the gaming and medical divisions through the rest of 2009 and into 2010. Jedi Mind has in excess of $500,000 of working capital which is being used to hire additional top quality programmers, expand their facility and upgrade computer hardware and software applications to the latest standards.

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scooz
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.07 back up.sweet close coming here imo
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luckylindy
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JEDM NEWS: Jedi Mind Inc. (PINKSHEETS: JEDM) announced yesterday that they will have several interviews conducted by major media sources during the Consumer Electronic Show (CES) in Las Vegas this week


The CES is the world's largest consumer technology tradeshow. Every year, the CES showcases some of the most exciting technologies on the market like Jedi Mind's thought controlled technology focused on the gaming and medical market


Thought controlled technology has been under development from several companies including Honda which earlier this year unveiled its "brain-machine interface." The helmet worn by a human was able to move different parts of the Honda built robot by simply thinking of it. Similar applications are also being developed by the US Department of Defense for military applications as well as being researched by scientists on ways for it to be applied to paralyzed individuals


Other active stocks are Health Sciences Group (PINKSHEETS: HESG), Electronic Arts (NASDAQ: ERTS) and Take-Two Interactive Software (NASDAQ: TTWO)


Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails


Contact: Eric Jensen www.ionewswire.com 516.942.4910

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scooz
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Jedi Mind Receives Vast Media Coverage at CES in Las Vegas


CARDIFF, Calif., Jan. 13 /PRNewswire-FirstCall/ --

Jedi Mind, Inc. (Pink Sheets: JEDM) (http://www.jedimindinc.com/) Jedi Mind, Inc. was in high demand at this year's Consumer Electronics Show trade show in Las Vegas. The Company was requested to conduct many interviews with major media organizations during the 3 day event. Among the media outlets we granted interview requests to were Tech Close Up TV, with Mark Albertson. Additionally, we have been invited to appear as guests for several programs and publications throughout the United States. Jedi Mind's thought-controlled software applications are gaining the attention of the mainstream media, which will help to increase product sales as well as provide positive exposure for The Company's stock

"Thought-controlled technology that allows humans and machine to interact as one for the first time in history is by far the most intriguing technology sought after. Even in an environment such as the CES, where the latest and greatest electronics are revealed for the first time, consumers are amazed when they see computers and machines operating with only the power of your mind," stated Brent Fouch, CEO. Jedi Mind is on the ground floor of a revolution in this newly developed technology and believes The Company will become a leader in this sector and provide long-term value to its shareholders. We are on target to release our next application in the first quarter of 2010 and this will benefit not only consumers, but the medical community as well."

About Jedi Mind, Inc

Jedi Mind, Inc. develops software for thought controlled technologies, allowing the user to interact with the computer and other machines through the power of the mind. The technology involves the use of a wireless headset, developed by our strategic partner, which detects brainwaves on both the conscious and non-conscious level. This revolutionary neural processing technology makes it possible for computers to interact directly with the human brain. The Company creates video games and medical applications that are controlled by the power of your mind

WWW.JediMindInc.com

Safe Harbor:


From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.

DATASOURCE: Jedi Mind, Inc


CONTACT: Jedi Mind Inc. Investor Relations, +1-760-635-2595,


Web Site: http://www.jedimindinc.com/

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luckylindy
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The Company was requested to conduct many interviews with major media organizations during the 3 day event. Among the media outlets we granted interview requests to were Tech Close Up TV, with Mark Albertson. Additionally, we have been invited to appear as guests for several programs and publications throughout the United States. Jedi Mind's thought-controlled software applications are gaining the attention of the mainstream media, which will help to increase product sales as well as provide positive exposure for The Company's stock
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scooz
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should be hearing from these interviews very soon:

Jedi Mind, Inc. (Pink Sheets: JEDM) will be conducting interviews with several major media organizations at this year’s CES trade show in Las Vegas, January 7th – 10th. Through the efforts of our recently hired PR firm, “SS PR”, Jedi Mind has received numerous enquiries from newspaper, television and online media organizations interested in featuring The Company in their respective publications. Jedi Mind has scheduled several interviews to be conducted this week at the CES show, which will focus on The Company’s software development of thought-controlled technologies, and anticipates invaluable coverage in the weeks to follow.

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I agree.with the largest show their is and the interviews conducted..should hear many updates soon
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Jedi mind was a big hit at the CES Tradeshow: The International Consumer Electronics Show (CES) is a non-public trade show held each January in Las Vegas, Nevada, and is sponsored by the Consumer Electronics Association. At the show, many previews of products are introduced, and new products are announced. The show is held at the Las Vegas Convention Center with additional venues used for some specific technologies. The CES is considered one of the major technology-related trade shows.
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Employment:
Jedi Mind, Inc. is looking for high quality programmers (C++) in both the gaming and medical industries. The newly formed Medical Division is now working on a number of medical applications for patients in wheelchairs.

The Gaming Division is also working on the first round of games for the Emotiv Headset; the company is still looking to fill out their department with additional top-quality programmers and professionals with significant experience in the gaming industry

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The technology was developed based on research into the human brain – the central control center for all our interactions and experiences.

The brain is made up of approximately 100 billion nerve cells, which are called neurons. With the billions of active neurons, the brain tissue contains a myriad of active current sources that cause the local electrical potential to endlessly fluctuate with a great deal of variability.

Each human brain is unique, both physically and functionally. The folding of the cortex of the human brain is also highly individual, meaning the way in which the external surface of the brain is folded individualizes the potentials, regardless of how functionality is mapped in each brain. Using non-invasive electroencephalography (EEG), it is possible to observe each person’s individual electrical brain activity.

At Jedi Mind, Inc. we believe a revolution of human-computer interaction is finally here. Our Company is uniquely positioned to capitalize on this technology and bring increased value to our shareholders.

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Company overview:

Jedi Mind, Inc. is a publicly traded company under the symbol: JEDM. The Company develops software applications designed to interact with the Emotiv wireless headset, which detects electrical signals produced by the brain. The sensors detect thoughts, feelings, expressions and initiates commands produced by the software. The applications for this technology are endless.

The headset detects and processes real time brain activity patterns (small voltage changes in the brain caused by the firing of neurons) using a device that measures electric activity in the brain.

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luckylindy
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Excellent Financial Shape- The company is now debt free and has an excellent cash position to expand both the gaming and medical divisions through the rest of 2009 and into 2010. Jedi Mind has in excess of $500,000 of working capital which is being used to hire additional top quality programmers, expand their facility and upgrade computer hardware and software applications to the latest standards.
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dowjones
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This looks interesting!

--------------------
"One Penny Stock Away From Retirement"

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scooz
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video chart:http://www.youtube.com/watch?v=aCE5683B4Mk
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