Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (7174)	6/23/2004 12:30:00 PM
From: Smiling Bob	Read Replies (1) \| Respond to of 19256

NEOM's "inevitable news" .095 x .096 now NeoMedia Reports Sale of End User Device Licenses to AirClic Wednesday June 23, 12:07 pm ET FORT MYERS, Fla.--(BUSINESS WIRE)--June 23, 2004--NeoMedia Technologies, Inc. (OTCBB:NEOM - News), today reported that AirClic Inc., of Newtown, Pennsylvania, whom it is currently suing for patent infringement, has paid royalties for end user licenses for 6,958 devices pursuant to NeoMedia patents. The devices were manufactured by Symbol Technologies, a NeoMedia licensee, and purchased by AirClic for resale to AirClic customers. In May 2001, NeoMedia signed a worldwide agreement which gave Symbol the right to grant licenses to itself and third parties under NeoMedia's intellectual property for a fixed fee per device. Charles T. Jensen, president, COO and acting CEO of NeoMedia, said his company was notified by an AirClic attorney that an End User License Agreement (EULA) was executed by AirClic and Symbol on May 27, with AirClic paying Symbol for the licensed purchased as of that date. "NeoMedia is extremely satisfied that AirClic has demonstrated that its end users need a NeoMedia patent license in order to use the AirClic platform," Jensen said. "AirClic's decision to enter into the EULA is surely a good start to resolving its infringement on our patents." Jensen said NeoMedia will file an amended complaint against AirClic in the U.S. District Court, Eastern District of Pennsylvania, this week showing that the EULA executed between AirClic and Symbol does not obviate all of NeoMedia's infringement allegations against AirClic. The EULA, Jensen said, "merely allows the end user to use a Symbol device which AirClic has distributed and paid a royalty on, with the license rights passing through to the end user. "The End User License Agreement does not exonerate AirClic of past and present manufacture, use, offers for sale and sale of any of its systems, including its Mobile Information Platform (MIP) and its AirClic Community Enabler (ACE)," said Jensen. "It is important to note that AirClic's switches are not included in the agreement, since, as defined by the EULA, 'a switch is not a Device'." About NeoMedia Technologies, Inc. NeoMedia Technologies, Inc. (www.neom.com) is a developer and international marketer of software and patented technologies which link products, print, and physical objects directly to targeted online data, with expertise in homeland security and e-authentication applications. NeoMedia markets PaperClick® and PaperClick for Cell/Mobile Phones(TM), which link physical information and objects to the Internet, and its Systems Integration Group specializes in providing expert-based IT consulting, hardware, and software solutions. 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 is a registered trademark and PaperClick for Cell/Mobile Phones is a trademark of NeoMedia Technologies, Inc. Other trademarks are properties of their respective owners. -------------------------------------------------------------------------------- Contact: NeoMedia Technologies, Inc. Charles T. Jensen, 239-337-3434