Neomedia - building a Supercompany...
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10.11.2006 13:58:00 (BUSINESS WIRE)
NeoMedia Technologies, Inc. (OTC BB: NEOM), an innovator in market-driven technologies, said today that ONE, the ethical water brand, has become the first European product to sign to use NeoMedia's qode(R) application on all its packaging to communicate with its customer base via the Mobile Internet.
ONE bottles will link to the Mobile Internet via qode starting in December, when the first shipments of more than 5 million bottles bearing qode-enabled "smart codes" will start appearing at more than 4,000 retail outlets throughout the U.K. ONE enjoys a reputation for breaking new ground in marketing, and by having NeoMedia's qode linking its bottles to information and charitable giving capability on the Mobile Web, it believes it is once again at the forefront of the latest developments in the marketing field.
NeoMedia's patented qode (www.qode.com) suite is an easy-to-use set of applications -- qode(R)reader and qode(R)window -- which provide One Click to Content(TM) connectivity for products, print, packaging and other physical objects to link directly to specific desired content on the Mobile Internet. qode(R)reader works with camera phones, letting users "click" on two-dimensional "smart codes" to access the Mobile Web site to which the code is linked, while qode(R)window lets users reach the same destination by entering a key word, slogan or product name.
ONE water www.ONEwater.org.uk which is supported by celebrities in the U.K., gives 100% of its profits to Playpumps(TM), the charity which brings fresh drinking water to where it is most needed in Africa. Along with ONE water, Playpumps has the support of leading international philanthropic organizations including USAID, the Clinton Foundation, The MCJ Foundation, The Case Foundation, Unilever, Crealy Adventure Parks, TNT, Vodacom, PEPFAR, Lemelson Foundation, International Finance Corporation, and Jay-Z.
Playpumps work on a simple concept: as children spin on a merry-go-round, water is pumped from below the ground, and is then stored in a tank just a few feet away, making a safe, plentiful supply of water available in the community. To date, nearly 700 PlayPump systems have been installed in southern Africa, providing safe water to a million people living in rural and peri-urban communities. In the future, thousands more PlayPumps will be installed throughout Sub-Saharan Africa, bringing the many benefits of ready access to clean drinking water to millions.
Initially, smart codes linked to qode will appear on 5 million bottles of ONE water, which is stocked by more than 4,000 retail outlets in the U.K., including Tesco, Morrison's, Waitrose and Co-op supermarkets, Total gas stations, and virtually all colleges and universities in the U.K. as well.
ONE water said that qode will unlock the potential of the Mobile Web, allowing its consumers real-time access to important information about the brand and its humanitarian work in Africa, together with competitions, special offers, and even over-the-air donations.
"qode will play a leading role in our marketing approach because it gives us unprecedented flexibility combined with the immediacy of working in real time to deliver promotions and establish relationships with our consumers, " said Duncan Goose, founder of ONE Water and CEO of Global Ethics.
Martin Copus, president of NeoMedia Mobile and COO of NeoMedia Technologies, said he and his company "are delighted to be working with ONE. It is a brand with a reputation for leadership and innovation. It is our hope that qode will help drive sales of the product as well as charitable donations."
About NeoMedia Technologies, Inc.
NeoMedia Technologies, Inc. (www.neom.com), is a diversified global company offering leading edge, technologically advanced products and solutions for companies and consumers, built upon its solid family of patented products and processes, and management experience and expertise. Its NeoMedia Mobile group of companies offers end-to-end mobile enterprise and mobile marketing solutions through its flagship qode direct-to-mobile-web technology and ground-breaking products and services from four of the leading mobile marketing providers in the U.S. and Europe. By linking consumers and companies to the interactive electronic world, NeoMedia delivers one -to-one, permission-based, personalized and profiled dialogue -- anytime and anywhere.
NeoMedia companies and offerings include: 12snap AG (www.12snap.com), a Munich, Germany-based award-winning leader in mobile marketing and entertainment applications; Mobot, Inc. (www.Mobot.com), a Lexington, Massachusetts-based pioneer in mobile visual recognition technology; Sponge Ltd. (www.spongegroup.com), a London, UK-based leader in developing and implementing mobile marketing applications and content delivery; and Gavitec AG - mobile digit (www.gavitec.com), a Wurselen, Germany-based leading provider of mobile technology and marketing 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.
qode is a registered trademark, and qodereader, qodewindow and One Click to Content are trademarks of NeoMedia Technologies, Inc. Other trademarks are properties of their respective owners.
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http://www.mobilemarketingmagazine.co.uk/
NeoMedia Technologies has revealed that the “ethical water” brand, ONE, will become the first European brand to use NeoMedia’s qode application on its packaging to enable customers to fastrack to brand-related content on the Mobile Internet. The campaign rolls out in December, when the first shipments of more than 5 million ONE water bottles bearing qode-enabled ‘smart codes’ will begin appearing at more than 4,000 retail outlets throughout the U.K.
ONE enjoys a reputation for breaking new ground in marketing, and by having NeoMedia’s qode linking its bottles to information and charitable giving capability on the Mobile Internet, it believes it is once again at the forefront of the latest developments in the marketing field.
NeoMedia’s patented qode suite is an easy-to-use set of applications, including 'qode reader' and 'qode window', which provide 'One Click to Content' connectivity for products, print, packaging and other physical objects to link directly to specific desired content on the Mobile Internet.
Qode reader works with camera phones, enabling users to photograph two-dimensional smart codes to access the Mobile Internet site to which the code is linked. Qode window enables users to reach the same destination by entering a key word, slogan or product name.
Initially, smart codes linked to qode will appear on 5 million bottles of ONE water, which is stocked by more than 4,000 retail outlets in the UK, including Tesco, Morrison’s, Waitrose and Co-op supermarkets, Total petrol stations, and virtually all UK colleges and universities.
ONE water says that qode will unlock the potential of the Mobile Internet allowing its consumers real-time access to important information about the brand and its humanitarian work in Africa, together with competitions, special offers, and even over-the-air donations.
ONE water gives 100% of its profits to Playpumps, the charity which brings fresh drinking water to places where it is most needed in Africa. Playpumps work on a simple concept: as children spin on a merry-go-round, water is pumped from below the ground, and is then stored in a tank just a few feet away, making a safe, plentiful supply of water available in the community. To date, nearly 700 PlayPump systems have been installed in southern Africa, providing safe water to a million people living in rural and peri-urban communities. In the future, thousands more PlayPumps will be installed throughout Sub-Saharan Africa, bringing the many benefits of ready access to clean drinking water to millions.
“qode will play a leading role in our marketing approach, because it gives us unprecedented flexibility, combined with the immediacy of working in real time to deliver promotions and establish relationships with our consumers” says ONE Water Founder and CEO of Global Ethics, Duncan Goose. For Neomedia, COO Martin Copus adds:
“We are delighted to be working with ONE. It is a brand with a reputation for leadership and innovation. It is our hope that qode will help drive sales of the product, as well as charitable donations.
NeoMedia Pilots Smartcode Technology. Read.
November 13, 2006 in Front Page, News
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Google http://video.google.com/videoplay?docid=3245000259787205750
AOL http://uncutvideo.aol.com/users/getqode
You Tube http://youtube.com/profile?user=getqode
Metacafe http://www.metacafe.com/user/3193158/qode
Daily Motion http://www.dailymotion.com/streetstylz
Hier die Videos zum besseren Verständnis.
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http://www.neom.com/press_releases/2006/20061115.jsp
FORT MYERS, Fla. & BEIJING--(BUSINESS WIRE)--NeoMedia Technologies, Inc. (OTC BB: NEOM) today reported that three major insurance companies in China have signed agreements to use its patented direct-to-mobile-web qode® technology.
The companies -- Alltrust Insurance Company of China Ltd., headquartered in Shanghai, Hua An Insurance (Sinosafe Insurance) Co. Ltd., headquarter in ShenZheng, and Yong An Insurance Co. Ltd., headquarter in Xi An - all signed agreements last week, said Charles T. Jensen, president and CEO of NeoMedia.
Developed and patented by NeoMedia, the qode (www.qode.com) suite of easy-to-use applications includes qode®reader and qode®window, providing One Click to Content(TM) connectivity for products, print, packaging and other physical objects to link directly to specific desired content on the Mobile Web. qode®reader works with camera phones, letting users “click” on two-dimensional “smart codes” for a direct connection to desired information, discount coupons, maps, contest entry forms, etc., and qode®window lets users enter a key word, phrase, UPC, etc., for similar connection.
NeoMedia's China Strategy Paying-Off
Mr. Jensen said NeoMedia will adapt its qode technology using “smart codes” to link more than one million policy holder customers via their cell phones directly to each company's Mobile Internet site. On those sites, he said, policy holders will be “just a click away” from information on their policies, claims, rates, etc. Smart codes, he said, will replace current document forms and individual insurance records. Each insurer will be assigned a smart code to keep records of insurance history.
“Just four months ago, NeoMedia Mobile business unit announced plans to begin making inroads within The People's Republic of China by working with companies and consultants based inside the country,” Mr. Jensen said. “With the signing of these agreements our strategy is moving forward as planned.”
Background on Chinese Insurance Companies
Alltrust Insurance Company of China Ltd. (http://www.alltrust.com.cn/index.asp) operates 15 branch offices in major cities throughout China, is owned by Chinese energy, power and investment companies, and has a registered capital of 1B RMB. Its primary products include property, liability, bond, agriculture, casualty and short period health insurance. Mr. Du Lin is chairman of the company.
Hua An Insurance (Sinosafe Insurance) Co. Ltd. (http://www.sinosafe.com.cn/) operates 25 branch offices in major cities throughout China, and also offers products including property, liability, bond, agriculture, casualty and short period health insurance. Mr. Lee Hui Company is chairman of the company.
Yong An Insurance Co. Ltd. (http://www.yaic.com.cn/index.asp) operates 19 branch offices in major cities throughout China, is owned by various state-own enterprises and publicly traded companies, and has a registered capital of 310M RMB. Like Alltrust and Hua An, Yong An offers products including property, liability, bond, agriculture, casualty and short period health insurance. Mr. Zhang Wen Yuan is the chairman of the company.
Qode is coming along quite nice... ;)
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Wer sich einen Überblick über deren Tätigkeiten verschaffen will, der sollte halt mal über www.neom.com einen Klick auf die anderen Unternehmen wagen.
Gavitec beispielsweise wird die Kölner Mess WorldOfMobility www.wofm.de sponsern und Eintritt wird gewährt mittels Gavitec-Technologie, ohne in langen Warteschlangen abzuhängen.
Es wird wohl nicht mehr lange dauern bis nicht nur in Portugal, sondern auch in good old Germany der Eintritt ins Kino per Smartcode oder ähnlicher Technologien möglich ist, ohne ewig lange an Kinokassen anzustehen ;)
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http://www.neom.com/press_releases/2006/20061116.jsp
NeoMedia Revises its Mobile Marketing Strategy, Announces Sale of its Recently Acquired UK Subsidiary
FORT MYERS, Fla.--(BUSINESS WIRE)--NeoMedia Technologies, Inc. (OTC BB: NEOM) , said today that it is continuing to revise its mobile marketing strategy, announcing the sale of recently acquired Sponge Ltd., a subsidiary based in the U.K., back to its founders. Previously, NeoMedia had announced the signing of a non-binding Letter of Intent to sell its micro paint repair business unit in order to concentrate its corporate marketing resources on mobile marketing opportunities for its patented qode® product platform.
Charles T. Jensen, president and CEO of NeoMedia, said "that this agreement with Sponge is another significant step by company management to target corporate resources on the introduction of our patented qode suite of products in European markets and in North America and China. We decided it is in the best interest of our shareholders to continue to fine-tune our focus, trim our cash burn rate, and reverse substantial dilution."
Under the terms of the agreement, NeoMedia receives back from Sponge 33,097,135 shares of its own stock and $100,000 (net of attorney fees) in cash, and is due an additional $150,000 by March 7, 2007. NeoMedia also retains a 7.5% interest in the London-based company which develops and implements mobile marketing campaigns, mobile applications and delivers content for U.K. and international customers.
All other agreements of NeoMedia relating to the acquisition are terminated, including the purchase price guarantee clause which called for NeoMedia to make up, in cash, any decrease in the value of shares issued as consideration for the acquisition of Sponge. Based on NeoMedia's current share price, this obligation would have been in excess of $10 million.
"NeoMedia's plan and intent," said Mr. Jensen, "is to build shareholder value by focusing our development and marketing expertise on next-generation mobile applications and opportunities, especially for our qode direct-to-mobile-web cell phone technology. To do so successfully, NeoMedia must also concentrate its resources in order to continue to build our presence and products, here in the U.S., in Europe, and around the world."
NeoMedia's patented qode (www.qode.com) suite is an easy-to-use set of applications -- qode®reader and qode®window -- which provide One Click to Content(TM) connectivity for products, print, packaging and other physical objects to link directly to specific desired content on the Mobile Internet. qode®reader works with camera phones, letting users "click" on two-dimensional "smart codes" to access the Mobile Web site to which the code is linked, while qode®window lets users reach the same destination by entering a key word, slogan, or product barcode number.
"NeoMedia," said Mr. Jensen, "looks forward to a continuing working relationship with Sponge founding partners Alex Meisl and Dan Parker and their team as part owner and co-marketing partner."
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http://www.neom.com/press_releases/2006/20061121.jsp
FORT MYERS, Fla.--(BUSINESS WIRE)--NeoMedia Technologies, Inc. (OTC BB: NEOM) , an international leader in market-driven technologies, announced today that it has signed a co-marketing agreement for its flagship direct-to-mobile-web qode® technology with InfoMedia Services Ltd., a U.K.-based provider of mobile services to major companies including Microsoft®, Play.com and The Carphone Warehouse®.
Martin Copus, president of NeoMedia Mobile, said InfoMedia (www.infomedia-services.co.uk) will market qode to its own customers, and work to qode-enable its direct-to-consumer content offerings, including its popular Partymob.com web site (www.partymob.com), which offers mobile products including ringtones, logos, wallpapers, games and more. Since the launch of its Partymob.com content brand in 2001, InfoMedia has successfully delivered more than 25 million items of mobile content across over 100 operators spanning 45 countries. InfoMedia was the first U.K. company to sell a polyphonic ringtone, and the first to sell a mobile JAVA game direct to consumers. InfoMedia will use qode as a major tool for Mobile Web site discovery for the portals it has developed for blue chip organizations.
InfoMedia will also support NeoMedia in its U.K. marketing efforts by providing outsource services including Mobile Web site and portal design, support services including hosting of destination mobile sites linked by qode and mobile payment.
The first joint effort between NeoMedia and InfoMedia will be supporting ONE water, the cause-marketing water brand which became the first European product to use NeoMedia's qode® application on its packaging to communicate with customers via the Mobile Internet. Starting next month, ONE bottles will link to the Mobile Internet via qode, with the first shipments of more than 5 million bottles bearing qode-enabled "smart codes" set to be delivered to more than 4,000 retail outlets throughout the U.K in December.
"InfoMedia is justifiably proud of its record of growth and achievement," Mr. Copus said. "InfoMedia currently holds more than 250 active content licenses with IP owners including major record labels, film studios, game publishers, image libraries and news agencies.
"This co-marketing agreement brings together mobile industry leaders," Mr. Copus said. "Both companies are excited about our future together in helping establish qode as a key tool in the U.K. for fast-tracking publishers, marketers and their users and customers direct to content and digital assets on the Mobile Internet."
Michael Tomlins, commercial director of InfoMedia, said his company "is committed to delivering mobile internet solutions for leading media companies and brand owners. qode represents a great opportunity for brand owners to connect their traditional media to the Mobile Internet."
NeoMedia's qode (www.qode.com) suite of easy-to-use applications includes qode®reader and qode®window, providing One Click to Content™ connectivity for products, print, packaging and other physical objects to link directly to specific desired content on the Mobile Web. qode®reader works with camera phones, letting users "click" on two-dimensional "smart codes" for a direct connection to desired information, discount coupons, maps, contest entry forms, etc., and qode®window lets users enter a key word, phrase, UPC, etc., for similar connection.
Qode is coming along ;)
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http://www.neom.com/press_releases/2006/20061201.jsp
NeoMedia's Gavitec Signs 6-figure Contract with Germany's No. 2 Outdoor Ad Firm
Develops Innovative Mobile Phone-Based Billboard Monitoring System
FORT MYERS, Fla. & AACHEN & COBLENZ, Germany--(BUSINESS WIRE)--Gavitec AG - mobile digit, a subsidiary of NeoMedia Technologies Inc. (OTC BB: NEOM - News) and a leading provider of mobile technologies and marketing solutions, has been contracted by awk Aussenwerbung GmbH to develop a mobile order-management and control system based on its groundbreaking Lavasphere technology.
The system, using standard camera phones functioning as mobile data recorders, will quickly provide awk's bill-posting staff with the information needed on its rounds. The phones also function as optical code readers and provide real-time information about billboard placement and condition to the awk resource planners. The awk field staff will be able to collate the codes on the advertising subjects with the location codes on the billboards, simply by using a camera phone. Photos documenting the condition of the advertising, along with other relevant information, will be automatically forwarded to the back-end server and to awk's resource management for further processing.
"This new system is designed to help Germany's second-largest outdoor advertising company set new standards in order and quality management, and greatly improve flexibility in placing and monitoring outdoor advertising for their clients," said Dr. Christian Steinborn, managing director of Aachen-based Gavitec AG - mobile digit.
"We are delighted to provide awk with a process-optimised system that powerfully demonstrates our synthesis of mobile- phone and code-reader technologies," said Dr. Steinborn in commenting on the new contract, which he said had a value in six figures. "By using cost-effective mobile phones, we have an ideal solution for equipping large numbers of field staff with an efficient tool for planning and documenting. In the near future, we expect a strong increase in demand for mobile-phone- based control solutions, especially in out-of-home media.
Joachim Kleinhans, managing director of awk Aussenwerbung GmbH, said, "Controlling our inventory via mobile phone puts us in a position to monitor our approximately 45,000 large billboards throughout Germany in a quick and cost-effective manner, and to inform our customers of the status of their campaigns at any time. Changes to bill-posting contracts can be implemented by mobile phone, even at short notice. We can co-ordinate poster advertising and keep it up- to- date in a way that is only now possible."
The monitoring and control system being developed for awk is the latest application of Gavitec's Lavasphere technology. Using specialized software, readily available camera phones are transformed into code readers which can read postage-stamp sized two-dimensional data-matrix codes simply by aiming the phone's camera at them. Real-time data transfer via GPRS automatically compares information with a central database.
Gavitec's Lavasphere technology drives new ways of linking the physical environment to digital databases via mobile phone networks. Mario Jouben, CTO of Gavitec AG - mobile digit, explained that "Order management by mobile phone is just one of the many creative applications of Lavasphere. Optical code reading will soon be one of the standard mobile phone applications and will play an important role in various applications in corporate and customer communications."
About Gavitec AG - mobile digit
Gavitec AG - mobile digit, a NeoMedia Technologies company (OTC BB: NEOM - News), is a leader in technology provision for code-reading systems and software for mobile applications. Founded in 1997, Gavitec offers its clients standardized or individual solutions in the areas of mobile marketing, mobile ticketing, mobile couponing and mobile payment systems. Gavitec has received the Ericsson Mobile Application Award (the "Oscar" of the mobile industry) and two technology awards from the U.K.'s Royal Television Society, in combination with Hewlett-Packard and the British Broadcasting Corporation (BBC). Serving a pan-European and, increasingly, a worldwide customer base, Gavitec has a wide range of well known customers and partners including Vodafone, Nokia, Unisys, Turkcell, McDonald's and SkiData. For more information about Gavitec, please visit www.gavitec.com.
About NeoMedia Technologies, Inc.
NeoMedia Technologies, Inc. (www.neom.com), is a diversified global company offering leading edge, technologically advanced products and solutions for companies and consumers, built upon its solid family of patented products and processes, and management experience and expertise. Its NeoMedia Mobile group of companies offers end-to-end mobile enterprise and mobile marketing solutions through its flagship qode direct-to-mobile-web technology and ground-breaking products and services from four of the leading mobile marketing providers in the U.S. and Europe. By linking consumers and companies to the interactive electronic world, NeoMedia delivers one-to-one, permission-based, personalized and profiled dialogue -- anytime and anywhere.
NeoMedia's patented qode (www.qode.com) suite is an easy-to-use set of applications -- qode®reader and qode®window -- which provide One Click to Content(TM) connectivity for products, print, packaging and other physical objects to link directly to specific desired content on the Mobile Internet. qode®reader works with camera phones, letting users "click" on two-dimensional "smart codes" to access the Mobile Web site to which the code is linked, while qode®window lets users reach the same destination by entering a key word, slogan or product name.
About awk Aussenwerbung GmbH
A leading German outdoor advertising company, Coblenz-based awk controls a network of attractive billboards throughout the country. Its core business is large billboards, with approximately 45,000 of the 180,000 large billboards throughout Germany controlled by awk, optimally distributed across urban areas as well as regionally. awk is particularly strong in point-of-sale outdoor advertising, and is recognized as the market leader in this segment.
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.
qode is a registered trademark, and qode®reader, qode®window and One Click to Content are trademarks of NeoMedia Technologies, Inc. Other trademarks are properties of their respective owners.
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http://biz.yahoo.com/bw/061204/20061204005761.html?.v=1
FORT MYERS, Fla. & LONDON--(BUSINESS WIRE)--NeoMedia Technologies, Inc. (OTC BB: NEOM - News), an international leader in market-driven technologies, announced today that Euro RSCG London, one of the leading and fastest growing advertising agencies in the U.K., has purchased a license to use and co-market NeoMedia's flagship direct-to-mobile-web qode® technology.
Martin Copus, president of NeoMedia Mobile, said that NeoMedia will work with Euro RSCG London (www.eurorscglondon.co.uk) in co-marketing qode to the agency's clients.
Euro RSCG - with 223 offices worldwide -- is the major advertising agency of Havas, the French-owned advertising services group that also includes Arnold Worldwide. Euro RSCG London is the country's third largest marketing communications group, with ad agency Euro RSCG London's client list including Airbus®, Alberto Culver®, BMI Baby®, Citroen®, Disneyland® Resort Paris, Evian®, Kraft®, LG®, News Group Newspapers (The Sun® and News of the World®), Peugeot® and Reckitt Benckiser® .
NeoMedia's qode (www.qode.com) suite of easy-to-use applications includes qode®reader and qode®window, providing One Click to Content(TM) connectivity for products, print, packaging and other physical objects to link directly to specific desired locations on the Mobile Web. qode®reader works with camera phones, letting users "click" on two-dimensional "smart codes" for a direct connection to linked mobile web sites, delivering multimedia advertising, promotion, information or other mobile content. qode®window lets users enter a key word, slogan, or barcode number to similarly direct-connect to a desired web site or portal on the mobile Internet.
"This license gives Euro RSCG London the right to use and market qode, our patented direct-to-mobile-web linking technology" said Mr. Copus. "Euro RSCG London is a very hot agency right now, both in growth and new business, and we believe that qode will give it even more of an edge with its existing blue chip clients, and in presentations to new business prospects."
Mr. Copus said qode will be positioned and presented to Euro RSCG London clients as "a strategic cornerstone, linking traditional media advertising to the multimedia 'always-on, anywhere' capability of the Mobile Internet. Euro RSCG is one of the most forward-thinking agencies in London, and it's not at all surprising that they are the first agency there to recognize the value of qode for their creatively-demanding client base."
Mark Cadman, the chief executive officer of Euro RSCG London, shared Mr. Copus's enthusiasm.
"We are delighted to be partnering with NeoMedia," Mr. Cadman said. "qode is an exciting application that gives us the opportunity to make our communications live beyond the media in which they appear and facilitates a new level of consumer engagement for advertising. It represents a great opportunity for us to make our advertising work even harder for our clients. Harnessing the potential of digital media is a central focus for Euro RSCG London."
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http://www.eurorscglondon.co.uk
Ruhig mal 'Our Clients' und 'Our Group' anklicken!
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NeoMedia Sells Mobot and Retains Minority Stake
FORT MYERS, Fla.--(BUSINESS WIRE)--Moving to fulfill its planned consolidation of its mobile marketing strategy, NeoMedia Technologies, Inc. (OTC BB: NEOM), today announced the sale of its Lexington, Massachusetts-based Mobot subsidiary to its founders, while retaining a minority ownership in the company.
NeoMedia President and CEO Charles T. Jensen said, “This step moves NeoMedia closer to fulfilling its goal of being able to target all corporate resources on the continued enhancement and ongoing marketing and launch of our patented qode suite of products in Europe, North America and China. As with the planned sale of our micro paint repair business unit, and the sale of a U.K. subsidiary last month, we have, as promised to our shareholders, continued to focus on qode while cutting back our burn rate and reversing substantial dilution.”
Under the terms of the agreement, NeoMedia returned 82% of its ownership interest in Mobot, which was acquired in February of this year, while retaining 18% ownership in the company. In addition, all obligations under the original merger agreement, including the purchase price guarantee obligation, were terminated. Based on NeoMedia’s current share price, this obligation would have been in excess of $5 million. At closing, NeoMedia contributed $67,000 in cash to Mobot, and also entered into a promissory note for an additional $200,000 payable to Mobot by December 31, 2006 or earlier on the completion of the sale of NeoMedia’s Micro Paint Repair business.
NeoMedia received 16,931 “preference shares” in Mobot, which can be redeemed to reclaim the 16,931,493 original consideration shares issued by NeoMedia in its acquisition of Mobot. Each preference share can be redeemed for 1,000 shares of the NeoMedia common stock within 15 months of the closing of this transaction. After 15 months, the preference shares can be redeemed upon a liquidation event of Mobot for either 1,000 shares of NeoMedia common stock each, or for the then-current cash equivalent of the shares.
NeoMedia also received a limited exclusive license to access Mobot services for integration with barcode-related applications.
“As a nearly one-fifth owner -- and as a licensee of Mobot services as they relate to barcode applications -- NeoMedia believes in Mobot’s technology and management team,” Mr. Jensen said.
“Moving forward, NeoMedia will continue to concentrate on developing and marketing its expertise on next-generation mobile applications and opportunities, especially for our qode direct-to-mobile-web cell phone technology,” Mr. Jensen said.
NeoMedia’s patented qode (www.qode.com) suite is an easy-to-use set of applications -- qode®reader and qode®window -- which provide One Click to Content™ connectivity for products, print, packaging and other physical objects to link directly to specific desired content on the Mobile Internet. qode®reader works with camera phones, letting users “click” on two-dimensional “smart codes” to access the Mobile Web site to which the code is linked, while qode®window lets users reach the same destination by entering a key word, slogan, or product barcode number.
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http://www.neom.com/press_releases/2006/20061214.jsp
und der CEO tritt zurück, während Fritz die Spitze übernimmt ;)
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The companies -- PICC Property and Casualty Co. Ltd., headquartered in Beijing, and China United Property Insurance Co, headquartered in Shanghai -- signed contracts last week. In mid-November, NeoMedia had announced that Alltrust Insurance Company of China Ltd., headquartered in Shanghai, Hua An Insurance (Sinosafe Insurance) Co. Ltd., headquarter in ShenZheng, and Yong An Insurance Co. Ltd., headquarter in Xi An, had signed contracts to use qode.
Developed and patented by NeoMedia, the qode (www.qode.com) suite of easy-to-use applications includes qode(R)reader and qode(R)window, providing One Click to Content(TM) connectivity for products, print, packaging and other physical objects to link directly to specific desired content on the Mobile Web. qode(R)reader works with camera phones, letting users "click" on two-dimensional "smart codes" for a direct connection to desired information, discount coupons, maps, contest entry forms, etc., and qode(R)window lets users enter a key word, phrase, UPC, etc., for similar connection.
NeoMedia said it is working to adapt qode to use smart codes to enable millions of policy holders in China to use their cell phones to link directly to their insurance company's Mobile Internet site.
"Using qode," said NeoMedia Chairman Chas Fritz, "information on policies, claims, rates, etc. on the insurance company's Mobile Internet sites will be just a click away for consumers." Smart codes, he said, will replace current document forms and individual insurance records, with each insurer assigned a smart code to keep records of insurance history.
Background on Chinese Insurance Companies
PICC Property and Casualty Co. Ltd. (http://www.picc.com.cn/en/index.shtml), with more than 4,000 branch offices, is a joint stock company with limited liability, incorporated in 2003 by The People's Insurance Company of China (renewed and re-registered as PICC Holding Company) as its sole promoter. PICC Holding combined its commercial insurance operations, along with its related assets, liabilities and subsidiaries into PICC P&C, making it one of the leading property and casualty insurance companies in China.
China United Property Insurance Co. (http://www.cicsh.com/), with 19 branch offices throughout China, was incorporated 1986. China United's primary products include property, liability, bond, agriculture, casualty and short period health insurance. China United generates more than 10 billion RMB (approximately $1.3 billion) in insurance premiums annually.
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NeoMedia Technologies, Inc. (OTC BB: NEOM), a leader in market-driven technologies, today announced a series of strategic changes in the leadership of its NeoMedia Mobile division, including the departure of its COO, in repositioning the division for 2007.
Roger M. Pavane, NeoMedia's senior vice president of sales and marketing and a 21-year wireless industry veteran, now leads efforts for the mobile division in the Americas, and Dr. Christian Steinborn, managing director of NeoMedia's Gavitec AG - mobile digit subsidiary in Germany, leads efforts in Europe and Asia.
The reassignments were made, said Charles W. Fritz, NeoMedia's founder, chairman and interim CEO, following the departure of Martin Copus, the company's COO and head of NeoMedia Mobile, in "a decision reached mutually." Mr. Copus joined NeoMedia in April 2005, and had been commuting between his native England and the company's headquarters in Fort Myers.
Mr. Fritz said that NeoMedia is continuing to move forward with its revised strategy and business plan, including the recent divestitures of subsidiaries Mobot and Sponge and the intended sale of its micro paint business unit, while targeting all corporate resources on the continued enhancement and ongoing marketing and launch of its patented qode(R) suite of cell phone-based direct-to-mobile-web products.
NeoMedia's patented qode (www.qode.com) suite is an easy-to-use set of applications, including qode(R)reader and qode(R)window, which provide One Click to Content(TM) connectivity for products, print, packaging and other physical objects to link directly to specific desired content on the Mobile Internet. qode(R)reader works with camera phones, letting users "click" on two-dimensional "smart codes" to access the Mobile Web site to which the code is linked, while qode(R)window lets users reach the same destination by entering a key word, slogan, or product barcode number.
About NeoMedia Technologies, Inc.
NeoMedia Technologies, Inc. (www.neom.com), is a diversified global company offering leading edge, technologically advanced products and solutions for companies and consumers, built upon its solid family of patented products and processes, and management experience and expertise. Its NeoMedia Mobile group of companies offers end-to-end mobile enterprise and mobile marketing solutions through its flagship qode direct-to-mobile-web technology and ground-breaking products and services from four of the leading mobile marketing providers in the U.S. and Europe. By linking consumers and companies to the interactive electronic world, NeoMedia delivers one-to-one, permission-based, personalized and profiled dialogue -- anytime and anywhere.
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.
qode is a registered trademark, and qode(R)reader, qode(R)window and One Click to Content are trademarks of NeoMedia Technologies, Inc. Other trademarks are properties of their respective owners.
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08.01.2007 15:23:00 (BUSINESS WIRE)
NeoMedia Technologies, Inc. (OTC BB: NEOM), announced today that its patented qode(R) technology, which links users via cell phones to the Mobile Internet, will be used by Prentice Hall, a worldwide leader in text book publishing, to help communicate with its sales force. Prentice Hall is currently introducing qode to its sales force at a national sales meeting in Phoenix.
Eric Frank, director of marketing, Business Publishing for Pearson Prentice Hall said qode will be an "integral component" of the seven-day meeting at the J.W. Marriott. Prentice Hall, he said, will use qode as an "ice-breaker" from the beginning of the meeting, and will have its sales staff enter daily contests through active personal interaction, all powered-by qode. When the national sales meeting is over, he said, the Prentice Hall sales staff will take qode with them, on their cell phones, as they work. Initially, they will use qode to receive sales tips and "talking points" on some 40 titles.
"Our team is very excited about using qode in our internal and external marketing efforts," Mr. Frank said, noting that sales staff "will also be enabled to demonstrate the interactive features of the "Marketing: Real People, Real Choices 5/e," text book.
The fifth edition of the popular marketing text, "Marketing: Real People, Real Choices 5/e" will be in distribution in January. The text, used annually by thousands of college students and hundreds of professors and instructors worldwide, includes a detailed description of NeoMedia's launch of qode, including interviews with top executives. Prentice Hall also made a video about the qode launch, which was filmed at NeoMedia's Fort Myers headquarters. Dr. Michael R. Solomon, visiting professor of Marketing, St. Joseph's University, Greg W. Marshall, professor of Marketing and Strategy in the Crummer Graduate School of Business, Rollins College, and Elnora W. Stuart, professor of Marketing and BP Egypt Oil professor of Management Studies at The American University in Cairo, wrote the fifth edition of the text. Through a special arrangement with Prentice Hall, the textbook will be made available for purchase through links on both the NeoMedia Technologies (www.neom.com) and qode (www.qode.com) Web sites.
NeoMedia said the contract with Prentice hall is revenue-generating.
NeoMedia - Cornell Capital in Funding Agreement
NeoMedia also said that on December 29, 2006, it entered into a Securities Purchase Agreement with Cornell Capital Partners, LP, selling $2,500,000 of secured convertible debentures to Cornell which can be converted into shares of NeoMedia common stock. In connection with the transaction, NeoMedia also issued 42 million warrants to Cornell with an exercise price of $0.06 per share, and repriced 210 million warrants held by Cornell to $0.04 per share. For a period of six months, NeoMedia has the right to redeem the repriced warrants on a cashless basis at a price of $0.12 per share.
Charles W. Fritz, NeoMedia's chairman and interim CEO, said that he and the company's Board "are pleased that Cornell has stepped up to help us meet current and near-term obligations. Mr. Fritz said that a significant portion of the funds is expected to be used to repay some of NeoMedia's obligations to silent partners assumed by the company in its acquisition of 12Snap AG in February 2006.
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