Tuesday, April 10, 2012

NeoMedia (OTCBB: NEOM) Files Lawsuit Alleging Patent Infringement

NeoMedia (OTCBB: NEOM) Files Lawsuit Alleging Patent InfringementPalm Beach, FL 4/9/12 (StreetBeat) -- NeoMedia Technologies, Inc. (OTCBB: NEOM), the pioneer in global mobile barcode management solutions, today filed a patent litigation lawsuit against SpyderLynk, LLC.

The SpyderLynk lawsuit, filed in the District Court for the District of Colorado, asserts infringement of two NeoMedia patents related to its mobile barcode resolution technology. Specifically, the complaints assert infringement of the following patents: U.S. Patent Nos. 6,199,048 and 8,131,597.

The lawsuit seeks to enjoin SpyderLynk from using NeoMedia’s patented technology and to recover damages caused by the infringement.

“NeoMedia’s patent portfolio covers a broad spectrum of barcode resolution techniques and NeoMedia has, over the years, successfully negotiated multiple license agreements with some of the top players in the mobile barcode market,” said David Berten, a Partner with Global IP Law Group, LLC, NeoMedia’s legal counsel.

"Protecting our products and services and defending our patent portfolio represent key responsibilities and commitments to our Company and all of its stakeholders," said Laura Marriott, Chief Executive Officer of NeoMedia Technologies, Inc. "We have invested an extraordinary amount of resources in this area of our business and we will fight hard to defend our portfolio."

About NeoMedia:

NeoMedia Technologies, Inc. is the pioneer in 2D mobile barcode technology and infrastructure solutions that enable the mobile barcode ecosystem world-wide. Its technology platform transforms mobile devices with cameras into barcode scanners, enabling a range of practical and engaging applications including consumer oriented advertising, mobile ticketing and couponing, and business-to-business commercial track and trace solutions.

NeoMedia’s suite of products, services and extensive IP portfolio means it is the only provider able to offer customers a comprehensive end-to-end mobile barcode solution. NeoMedia’s current customers include handset manufacturers, platform providers, brands and agencies looking to offer mobile barcode solutions to their customer base.

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