Friday, December 17, 2004 1:05:13 AM
NeoMedia's four previous patents pertain directly to linking documents, physical objects and transactions directly to Internet-based information, using a variety of auto-ID technologies including bar code scanners, RFID, voice recognition, and magnetic stripe cards.
'Major Profit Opportunity'
"Our robust portfolio protects technologies which use interfaces very much in demand today, particularly RFID and voice," said Fritz. "These and many other indexing methods are required by many of the top IT companies worldwide. We believe our patents represent a major profit opportunity, especially as applications using RFID and voice grow in acceptance -- and in sales -- at rates exceeding industry growth overall."
NeoMedia's strategic goal of having its portfolio of patents and other intellectual properties as profit centers is "not new . . . not new at all," said Fritz. "Much as any pioneer, NeoMedia has been ahead of its time, ahead of the curve," Fritz said. "Now, many major IT companies here at home and around the world need the technologies we developed to keep their own products 'leading edge'.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Feb_21/ai_97913913
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