NeoMedia Technologies Retains KCSA Worldwide for Investor Relations

Business Wire, July 7, 1998

FORT MYERS, Fla.--(BUSINESS WIRE)--July 7, 1998--NeoMedia Technologies Inc. (NASDAQ:NEOM) announced today that it has retained KCSA Worldwide, a New York-based investor and public relations firm, to support the company in the area of investor and public relations.

Commenting on the appointment, Charles Fritz, President and Chief Executive Officer of NeoMedia Technologies, said, "With our current plans for growth and enhancing shareholder value, KCSA's broad investor relations experience will aid us in communicating our long-term strategy more aggressively to the investment community as well as serving the information needs of the financial, business, trade media and the public."

NeoMedia was founded in 1989. Its common stock trades on the NASDAQ Small Cap Market under the symbol NEOM. NeoMedia provides proprietary software for document management and production systems, the migration of programs and databases from closed system to open system platforms including Year 2000 conversions and solutions, and unique Internet software that links physical objects, such as paper, to corresponding electronic information: Linking the Worlds of Print and Electronic Media(SM). Additional information is available on the Internet at www.neom.com.

Integrated Document Factory(TM), Intelligent Documents(TM) and ADAPT/Enterprise(TM) are trademarks of NeoMedia Technologies Inc.

Except for historical information, this press release contains certain forward-looking statements that involve risks and uncertainties that may cause actual results to differ materially from the statements made. Such factors include, but are not limited to, changing market conditions, the establishment of new corporate alliances, the impact of competitive products and pricing and other risks detailed from time to time by the company or in its filings with the U.S. Securities and Exchange Commission.

This release is available on the KCSA Worldwide Public Relations Website at www.kcsa.com.

   CONTACT: NeoMedia Technologies Inc., Fort Myers
             Chuck Jensen, 941/337-3434
             E-mail: cjensen@neomedia-tech.com
                    or
             Investor Contact:
             KCSA Worldwide, New York
             Joseph A. Mansi / Jeffrey Corbin
             212/896-1205 / 212/896-1214
             E-mail: jmansi@kcsa.com / jcorbin@kcsa.com
                    or
             Media Contact:
             KCSA Worldwide, New York
             Henry Feintuch / Adam Gaber
             212/896-1212 / 212/896-1261
             E-mail: jfeintuch@kcsa.com / agaber@kcsa.com