NeoMedia Receives New Patent and Reaches Milestone in Patent Licensing Program
IP Portfolio Continues to Garner Respect for Patent Rights from Mobile Industry
Boulder, Co.—October 6, 2014 --
On August 12, 2014, the United States Patent Office issued U.S. Patent Number
8,805,728 to NeoMedia Technologies, Inc. (OTC BB: NEOMD), the industry’s innovator in global mobile
barcode solutions. The newest patent adds to NeoMedia's already
extensive intellectual property portfolio developed through its
industry-leading barcode resolution technologies.
proud to have been awarded this latest patent," said NeoMedia CEO Laura
Marriott. "It confirms the groundbreaking technologies that NeoMedia has
developed and uses everyday to serve thousands of customers. Our mobile
barcode resolution services and technologies are the most advanced and
efficient available in the market today."
The new patent
will also be made available for licensing in NeoMedia's on-going patent
licensing program, which recently passed a new milestone. Since September
1, NeoMedia has entered 11 agreements relating to its patents, bringing the
total number of IP agreements the company has entered to over 80. NeoMedia is the only company that can license all the core patents
that are asserted in the QR industry.
David Berten, a
Partner at Global IP Law Group and one of the lawyers working on NeoMedia's
patent licensing program said, "Companies around the world continue to
demonstrate respect for NeoMedia's innovations by entering agreements with the
company, and we anticipate additional agreements will be entered soon."
NeoMedia’s barcode services
and IP have powered mobile marketing campaigns by some of the world’s most
recognizable consumer brands, including the leaders in technology, science,
food and beverage, consumer packaged goods and financial services. NeoMedia has
10,000+ customers using its barcode creation services (NeoSphere® and
QodeScan®) and its barcode reader, NeoReader®, has 50+ million installations and
is available free of charge in all major app stores.
A partial listing of those
with IP agreements in place with NeoMedia can be found at http://www.neom.com/solutions/ip_licensing/customers.
If you are active in the
mobile barcode space and interested in discussing a license to NeoMedia’s
patents, contact Alex Debski at Global IP Law Group at email@example.com. If you are interested in using NeoMedia’s services
for your barcode initiatives, contact firstname.lastname@example.org.
Technologies, Inc. is a pioneer in QR technology and a leader in mobile barcode
solutions that enable the barcode ecosystem worldwide. Its solutions have
transformed 50+ million mobile devices with cameras across 193 countries into
barcode scanners through its barcode scanning app, NeoReader, enabling a range
of practical and engaging applications. With its suite of products, services
and extensive IP portfolio encompassing over 60 patents, NeoMedia is the only
company able to offer customers a mobile barcode solution, fully supported by
its IP portfolio. NeoMedia’s current
customers include global brands, agencies, retailers and handset
manufacturers. The company has over 75
IP license agreements in place with some of the industry’s most prominent companies.
Learn more at www.neom.com or connect with us at: Facebook, Twitter, or LinkedIn.
Statements contained in this press release, which are not
purely historical facts, are forward-looking statements pursuant to the safe
harbor provisions of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. All such forward-looking statements are based largely on
management's expectations and are subject to and qualified by risks and
uncertainties that could cause actual results to differ materially from those
expressed or implied by such statements. These risks and uncertainties
include, without limitation, factors described in each of NeoMedia’s filings
with the Securities and Exchange Commission including its Annual Report on Form
10-K and Quarterly Reports on Form 10-Q. NeoMedia does not undertake any
duty to update any forward-looking statement to conform the statement to actual
results or changes in the company's expectations.