October 23, 2012 10:00 AM Eastern Daylight Time
NeoMedia Adds New Patent Licensee to Mobile Barcode Patent Family
BOULDER, Colo.--(BUSINESS WIRE)--NeoMedia Technologies, Inc. (OTC BB: NEOM), the pioneer in global mobile barcode management solutions, today announced that 4GQR LLC., a provider of QR code technology, is a new patent licensee to its portfolio of barcode related patents. 4GQR joins a growing list of companies actively licensed to use NeoMedia's patents, a list which includes industry-leading companies such as Microsoft.
“The mobile barcode industry continues to grow at an explosive rate across a variety of brands and industries”
“The mobile barcode industry continues to grow at an explosive rate across a variety of brands and industries,” said Laura Marriott, Chief Executive Officer, NeoMedia. “In the last year alone, we’ve seen smartphone adoption rise to over 950 million and QR code scans increase by nearly 120 percent from the same period last year. As a leader in the space, we are encouraged by this growth and the value brands continue to see by leveraging our IP portfolio.”
About NeoMedia:
NeoMedia Technologies, Inc. is the pioneer in 2D mobile barcode technology and infrastructure solutions that enable the mobile barcode ecosystem worldwide. Its solutions have transformed nearly 25 million mobile devices with cameras across 193 countries into barcode scanners, enabling a range of practical and engaging applications. With its suite of products, services and extensive IP portfolio, NeoMedia is able to offer customers a comprehensive end-to-end mobile barcode solution. NeoMedia’s current customers include international brands, agencies, handset manufacturers and platform providers. The company also has a growing portfolio of patent licensees including Microsoft.
www.businesswire.com/news/home/...censee-Mobile-Barcode-Patent