Replies to post #275650 on NeoMedia Technologies, Inc (NEOM)

[Major_Bankz]

NEOM US Pat. 6,199,048 For example, suppose a consumer walks into a supermarket and comes across a
brand of soup he has heard about but never seen before. The consumer wants to get more
information on this product, and he turns to his web-enabled cell phone to see if the
company who produces the soup has a web site with more information about the product.
Instead of running a search on any widely-known search engine, the consumer types the
UPC number found on the can of soup into his phone. The phone then looks up a web
site associated with the UPC number, and that website is loaded into his phone’s web
browser. This phone would likely be found to infringe many of the claims contained in
this patent.
In this example, the key aspect of the infringing activity is not the fact a UPC
number is used, that a URL is retrieved, or that the phone’s web browser is used to access
a web page; rather, the fact that the phone paired the UPC number with a URL is the
central idea behind this patent. Of course, pairing a UPC number with another piece of
information is nothing new at all – prices of items have been routinely paired with UPC
numbers at cash registers all across the country. This patent claims to have invented the
idea of pairing identifying numbers, such as UPC numbers, with information used to
connect to remote computers, such as URLs.

[Major_Bankz]

Swampthing on March 29, 2009 at 7:45 pm said:
“The community must recognize the harm of granting obvious patents such as ‘048 which is going to be applied in strength by NeoMedia to everything related to digital-to-physical world connections”

From what I have read in other blogs 1D, 2D, QR, Data Matrix, Aztec, Maxi, EAN, UPC, logos, trademarks, slogans, RFID, and Google’s famous keywords, spoken or typed to get to information on the mobile web in one click.

OUCH!

How many of these companies made money by selling their patented technology, Microsoft, Qualcomm, Nokia, Apple, IBM, Cisco, Symbol/ Motorola, Honeywell?

Are you saying that there should not be any room in the technology industry for a person who developed a new idea and wanted to create a business model around it? It is one process. Probably the best process, IMO.

Where is the spirit of becoming an entrepreneur in a capitalist country?

Everyone should get over it and license and move on!!!!
JMHO

[Major_Bankz]

John on November 12, 2009 at 10:32 am said:
A patent is a patent. When the courtrules in favor of a patent for lets say in this case Neomedia the patent will be enforced and should be. This company has had many companies using their patents on many products and not been paid a cent. Why because they are a small company? If it was Microsoft or Apple you would see how fast they would be in court asking for royalty payments. Now let us get back to Microsoft. Have you happen to notice how many times and large sum of money this company has had to pay out in the last few years because of patent infringement here and in Europe? Large sums huh? Meomedia has just won a important case or let us say settled in the last month on their patents. Now why is this dangerous? Because they are a small company and do not deserve it? The company has worked hard to produce a product and now the court and case has approved it. Now you will see the courts begin to heavily enforce these patents and payments to Neomedia. There is not a price you can put on these patents but looking at the IP technology and the way it is used already in Japan and the rest of Asia and begining to take major shape in North America you could be looking at Neomedia as a sleeping giant waiting to explode upward in share price. Neomedia is owed a lot of royalties and licence payments going back over 5 to 9 years. You can be looking at the next Microsoft, Apple, or Dell. So why is it dangerous. They have won and now it is time for major companies to pay up. The courts will make sure of this too. What can happen here too is that a major company like Google buy them out now and try to steal them at a cheap price. Now what has to happen is that hopefully someone will be watching the boards actions with a very sharp eye and so should shareholders. It has been quoted and i have said quoted that the CEO of Neomedia has until Nov 29th 2009 which is this month to receive a hefty bonus to sell this company. Shareholders must be on top of this board and watch out for the sale price of NEOM People say they want to see earnings. Well give back royalties from what has been taken from them by patent infringement and you will see profits and earnings. 3M was just sold to HP for 2.7 billion yesterday. Barcoding and IP technology is very interesting and is the next new technology to hit the market in a long time because it is mobile and will be used on every smart phone made and the computer will be your phone soon so you are looking at the next biggest generation of new technology to hit the market and this is going to be big. Neom has patents going out 10 years. Now put a price tag on that. 2 billion 5 billion 10 billion? The worth of this companies protential is huge! This company needs good lawyers and strong management to be right in the face of all these companies that have not paid them a dime and now with the settlement and the courts approval should not be hard for them to due now to enforce their legal rights for payment going back years. Yes i am a shareholder but not a pumper. I just happened to find this company and the patent issue caught my eye. I strongly beleive we have the next Microsoft or even Google here. Why is it dangerous i ask again? Why would the courts give them these patents if they felt that Neomedia was not entitled to it? Watch this company it is going to be a giant and watch the board fellow shareholders not to give this company away. As for what a company is worth. In all my years in technology related investments and owning a computer chip and hardware company it is the future of the products potential where the price comes into view. Technology companies i beleive are sold and priced on their future earnings from now to years to come. That is because technology changes on a daily basis. You have a product today that can be replaced with something new in 6 months or less and i am speaking in the chip market with processors and drams etc etc. Neomedia by winning that settlement with Scansbury has just gave them a green light to print their own money. This company is a very cheap pice ticket in share price and should be rated a strong buy.

[streetstylz]

Would such a carrier not also include Logos, Images, ect?


;-)


Best,
Sean