SOURCE: NeoMedia Technologies, Inc.

November 14, 2007 14:59 ET

USPTO Grants the EFF's Request for Re-Examination of NeoMedia Technologies' Patent

ATLANTA, GA--(Marketwire - November 14, 2007) - NeoMedia Technologies, Inc. (OTCBB: NEOM), the global leader in camera-initiated transactions for mobile devices, today announced that the United States Patent and Trademark Office (USPTO) granted the Ex-Parte Re-examination of U.S. Patent No. 6,199,048.

NeoMedia has a large portfolio consisting of U.S. and foreign patents and pending applications relating to various inventions surrounding the processing of "machine readable codes over wireless networks." NeoMedia expects the '048 patent will be confirmed by the USPTO in course of the re-examination. According to publicly available statistics, only about 10% of patents that are re-examined have all their claims declared invalid.

NeoMedia's CEO, William J. Hoffman, states, "Regardless of the outcome of the re-examination, NeoMedia's inventions and the patent portfolio that protects them will continue to effectively serve the creation of a global and interoperable infrastructure that enables large scale adoption of mobile codes as triggers of optically initiated transactions." He added, "NeoMedia's main motivation is to use its inventions to make this wireless ecosystem a reality and create advantages for the global value chain."

Additionally, in an effort to focus its energy on building a profitable ecosystem, and not to be distracted by time-consuming and costly patent litigation, NeoMedia has agreed to stay the current patent litigation against Scanbuy pending the re-examination's outcome.

NeoMedia's CEO affirms, "NeoMedia will use the 'stay period' to develop and to deploy our turn-key solutions for reading and processing a multitude of barcode formats that are ISO certified. Our patents have been reviewed and granted by appropriate government agencies, subsequently challenged, then licensed by numerous multinational companies deeply versed in Intellectual Property Rights. At the appropriate time, NeoMedia will move forward vigorously with the litigation and protect the rights we have been granted by patent offices worldwide."

About NeoMedia Technologies, Inc.

NeoMedia Technologies, Inc. (OTCBB: NEOM) is the global leader in optically initiated wireless transactions, bridging the physical and mobile world with innovative direct to web technology solutions. To provide a robust high-performance infrastructure for the processing of optical codes NeoMedia extends their offering with award winning Gavitec technology. Located in Germany, Gavitec AG-mobile digit is a leader in development and distribution of mobile scanners and software for mobile applications. In addition, Gavitec provides standardized and individual solutions for mobile marketing, couponing, ticketing and payment systems. To learn more visit www.neom.com, www.neoreader.com, and www.mobiledigit.de.

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.

Contact Information

  • Press Contacts:

    William Hoffman
    NeoMedia Technologies, Inc.
    (239) 337-3434
    Email Contact

    Amanda George
    NeoMedia Technologies, Inc.
    (239)-337-3434
    Email Contact

    Virginie Wouters
    Gavitec AG - mobile digit
    A NeoMedia Technologies Company
    00 49 2405 499 22 33
    Email Contact