NeoMedia Technologies, Inc (NEOM)

[ss9173]

From the 10K: Description of Properties

NeoMedia's principal executive, development and administrative office is
located at 2201 Second Street, Suite 600, Fort Myers, Florida 33901. NeoMedia
occupies approximately 12,000 square feet under terms of a written lease from an
unaffiliated party which expires on July 31, 2008, with monthly rent totaling
approximately $18,000.

The Company maintains a production and product development facility for
its Micro Paint Repair Business unit in Calgary, Alberta, Canada, occupying
approximately 4,000 square feet under the terms of a written month-to-month
lease from an affiliated party with monthly rent totaling $2,400.

The Company maintains a training, demonstrations, production,
distribution, and retail services facility for its Micro Paint Repair Business
unit in Ft. Myers, Florida, occupying approximately 10,000 square foot under the
terms of a written lease from an unaffiliated party expiring on February 28,
2008, with monthly rent totaling approximately $9,000.

During 2005, NeoMedia occupied a sales facility at 2150 Western Court,
Suite 230, Lisle, Illinois 60532, occupying approximately 6,000 square feet
under the terms of a written month-to-month lease from an unaffiliated party
with monthly rent totaling approximately $4,000. During February 2006, NeoMedia
cancelled the lease and centralized the operations from this facility to its Ft.
Myers, FL headquarters.

The Company believes that existing office space is adequate to meet
current and short-term requirements for its operations in the United States.

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SS9173