NeoMedia To Host Special Shareholders Meeting in Atlanta, Georgia March 30, 2010

NeoMedia To Host Special Shareholders Meeting in Atlanta, Georgia March 30, 2010

Atlanta, GA, March 8, 2010 – On Friday March 5, 2010 NeoMedia Technologies, Inc. (“NeoMedia”) (OTCBB: NEOM) filed with the U.S. Securities and Exchange Commission a Definitive Proxy Statement on Schedule 14A, related to its upcoming special meeting of its stockholders to be held on March 30, 2010, at 11:00 a.m., local time, at the Marriot Courtyard Hotel, Atlanta Perimeter Center, 6250 Peachtree - Dunwoody Road, Atlanta, Georgia.

At the special meeting, stockholders will act upon the matters outlined in the Notice of Special Meeting of Stockholders, filed with the Definitive Proxy Statement. These matters include the approval of amendments to NeoMedia’s Certificate of Incorporation; to authorize a 1 share for 100 shares reverse split of its outstanding common stock; to fix the amount of its authorized common shares at 5,000,000,000; to decrease the par value of its common stock from $0.01 to $0.001; and any other matters that may properly come before the special meeting or any postponement or adjournment thereof.

Shareholders are encouraged to attend the meeting or to vote their proxy, as directed on the proxy cards which were mailed to each shareholder.

About NeoMedia: NeoMedia is the global leader in mobile barcode scanning, management and publishing solutions. Our technology platform allows mobile devices with cameras to read 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 platform infrastructure to make 2D camera barcode scanning and its associated commerce easy, universal, and reliable – worldwide. The platform consists of NeoReader (our universal mobile barcode reading software) and NeoSphere (our barcode management system).

NeoMedia Media Relations Contact: Zeina Badran (202) 642-1360 zbadran@neom.com