Update: This drop has been found.

The latest software drop is now up for grabs in the wonderful city of Amsterdam. I’ve upped the ante on the difficulty this time as there are so many talented Flashers in town at the moment for FITC. The location can be revealed by finding the message embedded into the this image file. This was not done with any existing tool and instead was done by me using some custom ActionScript. This method of hiding messages, known as digital steganography, is a widely used technique for concealing information. The method I used is known as LSB steganography and only the last bit was manipulated in this case. That is all the information you get. The software is for PC but you will be able to exchange for a Mac version if you need to.

Good luck Amsterdam!
Lee