Copernic Inc. Leaves MAMA Behind

While most of the short term trading excitement behind Local.com patents has settled, there is an overlooked search technology from Copernic (CNIC), formerly known as MAMA. In addition to the popular search engine under the MAMA brand, Copernic software applications allow, among other things, searching and accessing computer files from a remote device like an iPhone or Blackberry. And unlike Local.com (LOCM), Copernic's technology is available now and has received positive reviews.

Copernic is of course out of the running with Google (GOOG) and Yahoo (YHOO) when it comes to internet search but it could very well fit an intriguing niche - the search engine between the mobile device and the personal computer. Being able to access all of my files on my computer from a mobile device solves a couple of memory conundrums - do I ever have enough memory on a mobile device and can I remember to save items on my mobile device?

The issue is whether Copernic can get a buzz around this technology and perhaps, moreover, would some of the other players be interested in buying this technology? Would Apple (AAPL) or RIM (RIMM) partner to package the technology? Would this technology give Google a PC/Mobil device presence that it lacks?

Either way Copernic, like Local.com, remains a very interesting speculative opportunity.

Disclosure: Author has a long position in CNIC

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