Jedi Mind, Inc. Reduces 60% of Authorized Shares

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May 05, 2010, 09:00 ET

CARDIFF, Calif., May 5 /PRNewswire-FirstCall/ -- Jedi Mind, Inc. (Pink Sheets: JEDM) (www.jedimindinc.com) has resolved to reduce 60% of the Authorized stock in The Company to eliminate these shares from being issued and entering the market. The Board of Directors approved the resolution in order to minimize dilution as The Company grows and to maximize shareholder value.

Jedi Mind, Inc. has made significant progress as the leader in thought controlled software applications and has released two finished products, which are now available for sale on The Company's website. The most recent application, "Jedi Mouse" allows the user to operate the computer, open and close programs, compose and send email all with the power of their mind. "The Company has received enormous applause for the contributions made to assist the disabled with this application, yet the stock price is lower than it was prior to these applications being completed," stated Brent Fouch, CEO. The Company feels it is only a matter of time before this revolutionary technology gets noticed by Wall Street and is reflected in the price of the stock.

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.

www.JediMindInc.com

SOURCE Jedi Mind, Inc.