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07/05/12 12:13 PM

#269352 RE: ApeShat #269349

Ape: NeoMedia has filed one lawsuit in the last 6 years. This one suit will not be resolved in Q3 - or at least Q3 of this year. Laura was stating there would be licensing beginning in Q2.

"In September 2011, we announced an agreement with Global IP Law Group to help further monetize our patent portfolio and lead the licensing of our IP, focusing on the US market. We were hopeful that our IP licensing activities would begin to show significant results, in the form of new IP licensees, beginning in the fourth quarter of 2011, but given the lengthy negotiation process, we anticipate that revenues from licenses will be delayed until the second and third quarters of 2012. In 2012, we are considering litigation against entities that we believe are infringing our patents and we believe this will help to drive further IP licensing activities."

http://sec.gov/Archives/edgar/data/1022701/000114420412022038/v309497_10k.htm