I like to point out local tech companies that makes news. One this past week is Molo Rewards of Sanford, FL. They debuted at DEMOfall09 which is an opportunity for new tech iniatives to present before the press. This can give them a marketing push as well exposure to financing opportunities.
Molo Rewards is offering coupons through Near Field Communication devices such as smartphones. Near Field Communications is an up-and-coming payment system where you will use your phone to pay for products and services. Near Field Communications only operate at distances up to 10 cm. There are a small handful of handsets and retailers that enable the technology.