Business Services Industry
New Patent Extends NeoMedia's IP Portfolio with Voice Link to Web; Fourth Patent in 19 Months for Industry Leader and Innovator
Business Wire, March 7, 2001
Business Editors/High-Tech Writers
FORT MYERS, Fla.--(BUSINESS WIRE)--March 7, 2001
NeoMedia Technologies, Inc. (Nasdaq:NEOM), (www.neom.com), the international leader in print-to-Internet technology, said today it has been granted its fourth patent in 19 months by the United States Patent and Trademark Office, building its portfolio of intellectual properties and extending its stake in the voice-to-Internet market.
NeoMedia Chairman and CEO Charles W. Fritz said the new patent (No. 6199048) "is a continuation in process, building on previously-issued patents and furthering our strategy of building an IP portfolio which financially and technically complement our award-winning product and service offerings."
Patent Gives NeoMedia Voice, Multi-Media Entry to Auto ID
Fritz said the patent "broadens NeoMedia's stake in the automatic identification marketplace with voice entry and multi-media and enhances our already strong position with related Web content. Voice-activated sessions facilitated by our technology," he said, "will eventually be so easy to use and implement that even ordinary telephones will become entry points for mobile commerce via the Web."
"Automatic identification in 2001 is not just bar codes," said Rob Durst, executive vice president and chief technology officer of NeoMedia. "Today," he said, "Auto ID also includes voice, radio frequency identification (RFID) and other innovative technologies now being developed that link physical objects directly to the Internet without having to slow down and use a search engine."
Along with the four patents issued to the company since August of 1999, NeoMedia has more than 50 patents pending, including 24 applications from its recent acquisition of Qode(TM) (see "NeoMedia Technologies Acquires Qode.com; Acquisition Gives NeoMedia First End-to-End Solution Offering in Physical-to-Electronic Linking Space," Business Wire, March 2, 2001).
"Patents add substantially to our IP rights for products, systems and methods connecting the real world to the Internet, leading to new offers, strategies and profit centers," added Fritz. "The decision to make our IP available (see "NeoMedia Board Decides to License Intellectual Property Suite," August 17, 2000) has already realized substantial gain (see "NeoMedia Signs $100 Million Patent Licensing Contract With Digital:Convergence," Business Wire, October 19, 2000), and the road ahead is exciting and lucrative as our innovation and progress gains recognition and market share."
About NeoMedia Technologies
NeoMedia Technologies, Inc., an Internet World Wireless 2001 "Best of Show Award" winner, is headquartered in Fort Myers, Florida. It develops and markets a family of PaperClick(TM) products and services, based on NeoMedia's patented technology, that provide direct, customer routable links between printed information or objects and Internet content. NeoMedia markets these services under the PaperClick trademark on the ASP site, www.paperclick.com Entering a PaperClick code, by scanning the bar code or entering the associated numbers in the PaperClick Go Window, routes readers directly to relevant Web information. PaperClick ToGo(TM) technology provides mobile linkage to Web content through PalmOS(TM) PDA devices and Internet-enabled cellular phones. NeoMedia also provides proprietary software for document management and production systems, as well as systems integration services for automated print production operations. For additional information, please visit the NeoMedia Web site at www.neom.com
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.
PaperClick, PaperClick ToGo, and Qode are trademarks of NeoMedia Technologies, Inc. Palm OS is a trademark of Palm Computing, Inc. All other trademarks are the property of their respective owners.
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