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Re: Poptech post# 192492

Sunday, 10/25/2009 12:36:56 AM

Sunday, October 25, 2009 12:36:56 AM

Post# of 326434
But what you said was you thought that Neomedia would have to "hand over some of their toys." Scanbuy is the only entity in the settlement that had to hand over anything. Sure, you can call it a cross-licensing deal but that's not really what it is. Scanbuy is paying Neomedia to use the Neom IP, and they were forced to give Neomedia free license to use the Scanbuy IP. This is a win for Neomedia and a loss for Scanbuy, and a larger uphill battle for other companies in the space who want to traverse '048 without licensing. Is it good for all players in the industry though - of course. Now everyone moves forward with a clear path.

You said: "I am also not getting any answers in the marketplace on how this deal is going to function. I guess it is still too soon. Are they using the NeoMedia/Neustar alliance?"

Per Iain McCready Scanbuy is paying Neomedia directly to license, Neustar is not involved.

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