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Technology Stocks : NeoMedia Technologies (Bears Board)
NEOM 0.0001000+100.0%Oct 28 12:54 PM EDT

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From: whizknock4/18/2009 6:26:43 PM
   of 194
 
No wonder Jonathan Bulkeley's willing to pay!

From I-hub,,,

Scanbuy’s CEO Jonathan Bulkeley openly admitted to using NeoMedia’s patented encoding and resolution process.

Listen here

regardingid.com

Jonathan Bulkeley: “Everything is on the server. So the code is just an index which goes to the server.”

Scanbuy uses the indirect encoding method for their barcode resolution process. Indirect encoding (patented by NeoMedia) is the process of linking the target information to an index (364528 for example) and putting that unique identifier into a 1D or 2D barcode. The code reader on the mobile phone reads the barcode and sends the code data over the Internet to a central resolution server that will tell the mobile phone what action is associated with the index, i.e. access a URL, download media, initiate a phone call, ect. NeoMedia has a suite of twelve issued patents covering the core concepts behind linking the physical world to the electronic world.
These patents cover various linkage methods including: Barcodes, RF/ ID, Mag Stripe, Voice, and Other machine readable and keyed entry identifiers.
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