Mind Technologies, Inc.  (OTC Pink: MTEK), has scheduled a shareholder conference call on Thursday, August 25th, 2011 at 1 pm PDT. The details for the conference call are as follows:

Conference Call Dial-In: (605) 477-2100
Participant Access Code: 994112#
Time: 1 pm PDT / 4 pm EDT

The Management of Mind Technologies will provide a personal update on the Company’s progress regarding the filing of Form 211, as well as progress made on the development of the Company’s proprietary EEG headset.

Mind Technologies announced today that the Company has retained The Law Offices of William M. Aul as securities counsel, to guide the process of completing form 211 in a timely, efficient manner. William M. Aul is an experienced securities attorney with over 30 years practicing law and is an adjunct professor at California Western School of Law.

The Company has also retained the accounting services of Rachael Boulds, CPA, formerly with HJ and Associates, a PCAOB auditing firm. Rachael Boulds, CPA has an extensive background in working with publicly traded companies and the auditing processes involved. The new accounting firm will provide quarterly financial statements for Mind Technologies going forward and assist in the process of becoming a fully reporting company.

Mind Technologies, Inc. (OTC Pink: MTEK), reported today that it is taking steps to regain tradability on the OTC Market.

The Company’s management has been diligently working to engage a new accounting firm and a new law firm to assist it in these efforts. At the same time, the Company has been working to evaluate its prior press releases, its website, and all of its prior filings at OTC Markets with a view to ensuring that its actions and financial and other disclosures demonstrate that it is acting as a model corporate citizen and in the best interests of the Company’s stockholders.

To this end, the Company’s financial statements have been updated with the filing of quarterly reports through June 30th, 2011. The Company has further adopted a policy wherein the Company plans to complete the filing of future quarterly financial statements and other disclosures in accordance with the disclosure guidelines adopted by OTC Markets. Mr. Brent Fouch, the Company’s Chief Executive Officer, stated that “the Company’s goal is take all appropriate action that is feasible that may allow the Company’s Common Stock to regain tradability on the OTC Markets as soon as possible.”

As currently planned, the Company intends to prepare and file Form 10 with the SEC. The Form 10 includes two year’s audited financials together with other non-financial disclosures on the Company and its business in greater detail. If the Company is able to file the Form 10, the Company will become a “reporting company” under Section 12(g) of the Securities Exchange Act of 1934.  To the extent possible, the Company is taking all appropriate steps to address and respond to the Section 12(k) suspension of trading imposed by the SEC and to correct any deficiencies in its prior disclosures.

Mind Technologies, Inc.  (OTC Pink: MTEK), announced today that it plans to file the Form 10 with the Securities and Exchange Commission. The Company is in the process of engaging new independent accountants for the preparation of the Company’s 2009 and 2010 fiscal year end audited financial statements and preparing the Form 10 that the Company plans to file so as to allow the Company to become a “reporting company.”

These efforts are being undertaken in response to the temporary 10-day trading suspension imposed on the Company’s Common Stock by the Securities and Exchange Commission. The trading suspension was imposed as a result of questions that were raised regarding the Company’s financial statements.  While the Company’s management has completed its own review of the  financial statements, the Company believes that if the Company completes and files the Form 10 and thereafter files the periodic reports, namely the quarterly Form 10-Qs, and the annual report on Form 10-K, this will serve to resolve any questions regarding the Company’s financial disclosures. The Company anticipates that this action will better serve the interests of the Company and its stockholders.

Contemporaneous with these efforts, the Company also plans to file Form 211 through a FINRA-registered broker-dealer, with a goal to allow trading in the Company’s common stock to return on the OTC Market. In general, such sponsorship requires that the broker-dealer complete a due diligence review of the Company and its affairs and thereafter submit the Form 211 to FINRA.  As currently planned, the Company intends to prepare and file Form 10 as soon as possible. Though it is hard to predict the timing, the Company has resolved to work diligently with its auditors and attorneys to complete the process in a timely manner.

Mind Technologies, Inc. (OTC Pink: MTEK), announces the progress of the Company’s proprietary EEG headset and is providing an update on the Company’s Form 2-11 submission. Mind Technologies has paid for and filed a comprehensive patent application with the U.S. Patent and Trademark office relating to the new design and function of the Company’s advanced EEG headset technology. The technology being developed is smaller, lighter, and designed with the end user in mind. The proprietary EEG headset will operate the Company’s thought controlled software applications and is expected to be the premier platform for the brain computer interface (BCI) market.

Experts at the Consumer Electronics Show (CES) say that mind-controlled technology may be the next big thing, according to an article published in the Denver Post - Mind-controlled devices may be next, say experts at CES – The Denver Post . Mind Technologies is positioned on the ground floor of this emerging sector and believes the Company’s proprietary EEG hardware and thought controlled software applications will bring long term shareholder value through internal growth or by acquisition from a larger corporation seeking to enter the market.

The Company is working diligently with our market maker with the filing of our Form 2-11 application with FINRA to be re-instated on the OTC Pink market as a current issuer, filing quarterly financial reports going forward. The application is a process that can take days or weeks to be approved. The Company does not foresee any delays in the process and will update shareholders upon approval.

Mind Technologies, Inc. (OTC Pink: MTEK) is providing an update to shareholders regarding the trading of MTEK. As of today, the ten day trading suspension is over. The Company must now file Form 2-11 with FINRA through a registered broker dealer and have the filing approved, in order to be deemed as having provided “Current Information” for the OTC Pink market. Once FINRA has satisfactorily completed their review and approved the submission, the Company’s shares should begin to trade again on the OTC Pink Sheet Market. The Company has already engaged a broker dealer to submit Form 2-11 and is working expeditiously to prepare the necessary filings and finalize the process.

Temporary trading suspensions can occur when the SEC deems there is a public concern, such as a lack of adequate financials. MTEK was on a schedule of reporting financials every six months, with the next filing due after June 30th. The Company was notified on June 7th of the temporary trading suspension. As a result, the Company has elected to begin reporting financials on a quarterly basis going forward.

Mind Technologies continues to advance development of the Company’s proprietary EEG headset and thought controlled software.

Mind Technologies, Inc. (Pink OTC: MTEK), announced this morning that The Company will begin filing quarterly financials to provide shareholders updated, current information. The Board of Directors resolved to this action as a result of receiving a ten day temporary trade halt on MTEK. The Company is finalizing first and second quarter financial statements, to be filed publicly as soon as possible. It is the Company’s goal to bring the public information current immediately to resume the trading status of MTEK. The Company will update shareholders on the progress and announce in a press release when trading has resumed.

The Company has elected to accelerate its financial filings on a quarterly basis to provide transparency to its shareholders and avoid temporary trading disruptions in the future. The Company was one of seventeen companies halted today for lack of public information and understands the SEC’s role to ensure current information is provided to protect shareholders. The Company is working diligently to remedy the situation. The Company appreciates its shareholders support and patience as we continue to move Mind Technologies forward.

Mind Technologies, Inc. (Pink OTC: MTEK), announced today that additional funding has commenced through their European subsidiary, Mind Solutions, Inc. which is traded on the Deutsche Borse Stock Exchange. Mind Solutions, Inc., with a market cap in excess of $50 million is a majority owned subsidiary company of Mind Technologies, Inc.

Mind Solutions, Inc. has signed an Agreement with a prominent Swiss Firm to assist The Company in raising capital through the European Markets. The Firm anticipates a successful capital raise of 4 to 5 million Euros, which begins immediately. Mind Solutions, Inc. plans to use the proceeds to finalize the development of an advanced EEG headset, currently in development and expected to be released this year. The technology being developed is expected to revolutionize the BCI (Brain Computer Interface) market by providing a smaller, easy to use, EEG device that can be used for mobile smart phones as well as the PC. Additional capital raised will be used for a global marketing campaign, set to begin upon the release of The Company’s proprietary EEG headset. The Company plans to make their EEG headset and thought controlled software a household name throughout the world as a result of the extensive marketing planned; and believes the technological advancements of the EEG headset being developed will position The Company as the leader and platform of choice for the BCI industry going forward.

Mind Technologies, Inc. (Pink Sheets: MTEK), announces the progress being made on The Company’s proprietary EEG/ BCI headset, which is currently in development. With The Company’s mission to become the world leader in EEG/ BCI technology, Mind Technologies assembled a world-class team of scientists to guide the process of developing a state-of-the-art headset that would revolutionize the brain computer interface industry. After meeting with and interviewing several top-tier electronics firms, The Company has selected a development and manufacturing partner to accomplish this monumental achievement.

No expense in research, functionality, or design has been spared to bring the most advanced product to market. The Company selected will oversee the entire project, including circuit design, software and Bluetooth integration, prototyping and manufacturing. The final product to be sold to consumers will be much smaller, more reliable and use dry sensors to detect brain signals. “The design of the product is completely different than anything currently on the market and will be virtually undetected when worn,” stated Brent Fouch –CEO.

The product is currently going through the patent process, as the prototype phase commences. Once The Company receives three prototypes to choose the final design, manufacturing will commence immediately. Mind Technologies has negotiated very reasonable price points that should have a significant impact to The Company’s bottom line. Upon completion, The Company will offer the complete system to consumers, including the revolutionary BCI headset and thought controlled software applications developed by Mind Technologies. The Company will also have an APP Store to allow outside developers to provide thought controlled applications on a revenue sharing basis.

Mind Technologies, Inc. (Pink Sheets: MTEK), announced this morning that the name and symbol change is now complete. The symbol for the Company has changed from “JEDM” to “MTEK” to better reflect the name and business of the Company.

This news is very significant to shareholders due to the fact that the Company’s CUSIP number has also been changed, which requires all old certificates to be replaced with the new ones. When this occurs, any individuals, firms or market makers that are “short” shares of MTEK, will have to cover their position by buying back shares in the open market.

The Company has been very conscious of our shareholders’ concerns regarding this matter and has done everything possible to overcome this injustice in the marketplace. We encourage all shareholders to now take action by supporting the stock in the open market and spreading the word to others interested in becoming shareholders of MTEK. If the stock continues to climb, it will force a “short squeeze” to those who have to cover their positions at higher prices in the open market, compounding the buy-side demand for MTEK.

Mind Technologies, Inc. (Pink Sheets: JEDM), is providing an update to shareholders on the progress of the Company’s EEG headset currently in development. The Company has taken a completely different approach to the current BCI (Brain Computer Interface) / EEG headsets currently on the market. The Company’s goal was to create a user-friendly BCI that eliminates the need for wet sensors, is designed in a way that it does not stand out when worn and produces the most reliable, consistent results. The Company believes they have surpassed all expectations!

While still a few months from being fully developed and manufactured, the initial feedback has been overwhelming. “The approach taken by our team of scientists has been nothing short of revolutionary,” stated Brent Fouch, CEO. “Rather than mimic the current market and make improvements in cosmetics and minor functionalities, our team went outside the box and created completely new concepts in both design and functionality,” concluded Fouch. Patent searches have been concluded and the patent process is currently underway, as the prototype and manufacturing logistics are being resolved. The Company believes the BCI being created will be the industry standard for developers and research scientists in the near future.