NeoMedia Announces Licensing Program
Atlanta, April 22, 2009 – NeoMedia Technologies, Inc. (OTC BB: NEOM), the global leader in mobile barcode scanning solutions, has finalized its patent licensing program and begun negotiations with interested vendors.
In response to the successful reexamination by the USPTO of NeoMedia’s “Barcode Lookup Patent”, NeoMedia has moved assertively to re-energize the U.S. mobile barcode marketplace by helping lead a pivotal interoperability pilot and initiating a licensing program both designed to unify the marketplace.
“Now that the patent situation has been clarified, we are looking forward to quickly establishing a viable system that provides the critical elements needed to attract advertisers: reliability and scale. Our recent partnership with NeuStar demonstrates that an interoperable infrastructure is deployable now and provides advertisers with a trusted solution that delivers the largest audience in the U.S. mobile barcode marketplace. It was a great success and a real rallying point for the industry”, stated Iain McCready, CEO of NeoMedia.
In keeping with its vision and commitment to developing an interoperable global ecosystem, NeoMedia is licensing its technology to foster innovation and competition in the creation of exciting new mobile barcode applications and services for the advertising industry. NeoMedia’s licensing program is available to all participants who are interested in becoming part of a collaborative ecosystem aligned and committed to growing the mobile barcode marketplace.
“Between the PTO ruling and the NeuStar pilot, the interest in our technology and services is spiking on both the vendor and advertiser fronts. We’ve had some key brand deployments in Europe leveraging NeoSphere, our new code management platform (www.neom.com/press-042009.php); and we’ve had strong initial interest in our licensing program as well”, said Dean Wood, VP of Business Development for NeoMedia.
NeoMedia has recently requested the stay be lifted in their pending infringement case against Scanbuy. At a pre-trial hearing on April 17th, NeoMedia pushed for the case to move forward on an expedited basis.
About NeoMedia Technologies:
NeoMedia Technologies, Inc. (OTCBB: NEOM) is the global leader in mobile barcode scanning solutions. Our technology allows mobile devices with cameras to read 1D and 2D barcodes and provide “one click” access to mobile content. Combining this technology with advanced analytics and reporting capabilities revolutionizes the way advertisers market to mobile consumers. NeoMedia provides the infrastructure to make 2D camera barcode scanning and its associated commerce easy, universal, and reliable – worldwide.
The company’s mobile phone technology, NeoReader, reads and transmits data from 1D and 2D barcodes to its intended destination. Our Code Management and Code Clearinghouse platforms create, connect, record, and transmit the transactions embedded in the 1D and 2D barcodes, like web-URLs, text messages (SMS), and telephone calls, ubiquitously and reliably. NeoMedia provides the industrial and carrier-grade infrastructure to enable reliable, scalable, and billable commerce. NeoMedia was founded in 1989, and is based in Atlanta, Georgia. It currently has 30 active patents spanning 13 countries, with 29 additional patents pending.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.