NeoMedia Technologies, Inc (NEOM)

[smartbiz85]

RE:Wal-Mart Launches RFID

1. NeoMedia Patents Form Critical Link for RF-ID
http://www.neom.com/corporate/press/2003/20030916.jsp
2. NeoMedia, Symbol Form Strategic Relationship
http://www.neom.com/corporate/press/2001/20010511.jsp


1. NeoMedia Patents Form Critical Link for RF-ID
FT. MYERS, FL, Sep. 16, 2003 -- NeoMedia Technologies, Inc. (OTC BB: NEOM), a leader in innovative technologies which make information easier to access, said today that its next patented auto-link to Internet content would be for the rapidly-growing field of radio frequency identification (RF-ID).

RF-ID employs "tags," electronic chips which hold information similar to information held by UPC/EAN bar codes, but can also track specific parts, pieces or items from manufacturer to user, through the supply chain. RF-ID tags communicate automatically, without human intervention, with scanners, readers and computers.

Speaking from Frontline's International Supply Chain Week and the Electronic Product Code Executive Symposium in Chicago, NeoMedia Chairman Chas Fritz said, "as the MIT Auto-ID Lab and other leaders set RF-ID standards, our patented PaperClick™ technology and architecture will be compatible with how individual products are identified using RF-ID."

Direct Link the Internet
Pioneered and patented by NeoMedia, PaperClick will communicate with RF-ID tags, similarly to how it reads UPC/EAN and other bar codes, and then provide an automatic link to specific content on the Internet. It employs a standard browser, optional client software, and a network of online service and application servers. "NeoMedia's robust, patented technology connects physical items carrying RF-ID tags or bar codes simultaneously and directly to supply chain components across the Internet," Fritz said. "As the Auto ID and many other industries worldwide embrace the many advancements in RF-ID, NeoMedia is in the enviable position of being ahead of the curve, ready and able to license our technology."

Fritz said he was "excited about how RF-ID and the PaperClick technology platform have evolved together, greatly enhancing the power, promise and profit potential of our IP portfolio. Our technologies are in demand, and NeoMedia is pro-actively protecting and licensing patents as part of our overall business plan, ensuring our shareholders' investment in patents and other IP is protected and a viable generator of income," he said.

Last week, NeoMedia announced the first in a new series of applications of a patented wireless technology, which links camera phones directly to the Internet (see "New 'Killer Wireless App' for Nokia® Camera Cell Phones 'Turns Internationally-Popular Toys Into Internet-Enabled Business Tools'," Business Wire, Sept. 8.). Fritz said "cell phones, too, will be enabled for RF-ID in the future, with NeoMedia providing technology."

About NeoMedia Technologies
NeoMedia Technologies, Inc. (www.neom.com) is an innovator and international leader in print-to-Internet and other technologies which make information faster and easier to access, with expertise in homeland security and e-authentication applications. NeoMedia markets services which link physical information and objects to the Internet under the PaperClick and PaperClick For Cell Phones trademarks, and its Systems Integration Group specializes in Open and Storage System solutions and automating print production operations. NeoMedia has announced plans to acquire and merge with Loch Energy, Inc., of Houston, an energy company with proven and probable reserves of 13.67 million barrels of oil, and Secure Technologies, Inc., of Silver Spring, Maryland, a provider of security solutions and a pioneer in covert security technology for the manufacturing and financial services industries.

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.

PaperClick and PaperClick For Cell Phones are trademarks of NeoMedia Technologies, Inc. Other trademarks are property of their respective owners.



2. NeoMedia, Symbol Form Strategic Relationship
Symbol Obtains Global Rights to Offer Licenses for NeoMedia's Intellectual Property Holtsville, New York and Fort Myers, Florida - May 11, 2001 Symbol Technologies, Inc. (NYSE: SBL) and NeoMedia Technologies, Inc. (NASDAQ: NEOM), announced today that they have SIGNED A WORLDWIDE AGREEMENT which gives Symbol the right to grant licenses to itself and third parties under NeoMedia's intellectual property for a fixed fee per device.

Under the terms of the agreement, Symbol will not pay NeoMedia any up-front royalties, and NeoMedia can offer its products to Symbol's sales force and channel partners.

Charles W. Fritz, NeoMedia's chairman, president and CEO, said "now, for example, if a Symbol customer wants to create an e-commerce opportunity, such as an online catalog with bar codes that would utilize NeoMedia's intellectual property, Symbol can provide the customer with the devices they need, as well as the NeoMedia licenses for an additional fee."

Fritz called the agreement "a teaming of industry leaders, opening the way for rapid and significant advances in the growing global marketplace for Web-enabled devices."

Fritz also said that while compensation is per-unit, "we are excited about working in a tandem with Symbol, especially given the overall projections of industry and financial analysts for growth in this segment."

Ron Goldman, Symbol's senior vice president, Mobile Computing, said "Symbol now has the ability to offer our customers access to NeoMedia's intellectual property, technology and services. We see this as empowering the development of exciting, new Web-enabled devices and applications, and as an important step in developing scanning applications for businesses and consumers via the Internet."

Third IP License for NeoMedia
NeoMedia's Fritz said that today's announcement was in keeping with a corporate strategy announced last summer (see "NeoMedia Board Decides to License Intellectual Property Suite," BusinessWire, August 17, 2000), and its third major IP license (see "NeoMedia Signs $100+ Million Patent Licensing Contract With Digital:Convergence," BusinessWire, October 19, 2000, and "NeoMedia Technologies Announces Availability of the A.T. Cross NetPen," BusinessWire, March 15, 2000). He said the Cross NetPen, a complimentary mass market peripheral for the company's PaperClick™ products and services, incorporates a bar code scanning and storage device from Symbol.

Fritz called the global market for Web-enabled devices "one of the first technology-driven opportunities of the 21st century. NeoMedia is excited about pioneering this market with Symbol, and about industry forecasts which call for sales of scanner-equipped Web-enabled cell phones to reach at least 100 million unit per year by 2003. NeoMedia sees today's agreement with Symbol as a vital and necessary stepping stone to fulfilling the promise of these forecasts," he said.

"Scanning technology can greatly increase the use of cell phones to navigate the Web," Fritz said. "Entering keystrokes is slow, cumbersome, and fraught with errors, especially as phones and keypads get smaller. We believe the Symbol-NeoMedia agreement can help bring mouse-like utility and simplicity to millions of cell phones, providing easy and accurate mobile access to the Internet."

About Symbol Technologies, Inc.
Symbol Technologies, Inc., (www.symbol.com), winner of the National Medal of Technology, is a global leader in mobile data transaction systems, providing innovative customer solutions based on wireless local area networking for data and voice, application-specific mobile computing and bar code data capture. Symbol's wireless information appliances connect the physical world of people on the move, packages, paper and shipping pallets, to information systems and the Internet. Today, some 10 million Symbol bar code scanners, mobile computers and wireless LANs are utilized worldwide in markets ranging from retailing to transportation and distribution logistics, manufacturing, parcel and postal delivery, government, healthcare and education. Symbol's systems and products are used to increase productivity from the factory floor to the retail store, to the enterprise and out to the home.

About NeoMedia Technologies
NeoMedia Technologies, Inc. (www.neom.com) develops technologies that links physical information and objects to the Internet. The company markets these services under the PaperClick™ trademark on the ASP site, www.paperclick.com and via the comparative commerce site of www.qode.com. In addition, NeoMedia's Systems Integration Group specializes in automating print production operations.

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.

PaperClick, PaperClick Enterprise, PaperClick ToGo,the PaperClick logo, Qode, Qode Universal Commerce Solution, and Product DNA are trademarks of NeoMedia Technologies, Inc. Palm OS is a trademark of Palm Computing, Inc. All other trademarks are the property of their respective owners.