NeoMedia Technologies, Inc. to be Listed on the Frankfurt Stock Exchange

Business Wire, April 23, 1999

FORT MYERS, Fla.--(BUSINESS WIRE)--April 23, 1999--

NeoMedia Technologies, Inc. (Nasdaq:NEOM) announced today that the Company's shares began trading on the Frankfurt Stock Exchange today, Friday, April 23, 1999. NeoMedia is currently trading on the NASDAQ Small Cap Market under the symbol NEOM and is also listed on the Berlin Exchange.

"Our decision to list on the Frankfurt Exchange is in part the result of our sponsorship agreement with King Jelko Dr Dehmel AG, " commented Chas Fritz, NeoMedia's founder, president and CEO. "We feel this will greatly facilitate public investment in NeoMedia within the EU which has recently demonstrated strong interest in our technology and products."

NeoMedia began trading on the Berlin Exchange in October 1998. Daily trading volume has increased to 20,000-30,000 shares per day since then reflecting strong European interest.

NeoMedia was founded in 1989 and began trading on the NASDAQ Small Cap Market in 1996. The company provides proprietary software, systems and services that:

-- Link physical objects and print media directly to electronic information including the Internet and World Wide Web.

-- Control and enhance document management and production systems.

-- Migrate legacy programs, databases and computer systems from closed implementations to open Internet compatible environments.

-- Provide Y2K conversion solutions.

NeoMedia Technologies, Inc.: "Linking the Worlds of Print and Electronic Media". Additional Information is available on the World Wide Web at www.neom.com, or through the following NeoLink(TM) which can be accessed after downloading free software from NeoMedia's website.

This press release contains certain forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities 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.

Linking the Worlds of Print and Electronic Media is a service mark of NeoMedia Technologies, Inc. Intelligent Documents(TM), IDOCs(TM), and NeoLink(TM) are trademarks of Neomedia Technologies, Inc. All other marks are the property of their respective owners.