Powerful 'One-Click' Barcode Technology From NeoMedia Joins ICAP Ocean Tomo's Spring 2011 Live IP Auction March 31st in New York

CHICAGO, March 18, 2011 /PRNewswire/ -- NeoMedia Technologies, Inc. (OTC Bulletin Board: NEOM), the global leader in mobile barcode scanning solutions, is bringing its world-class IP to market in the US. NeoMedia's Barcode Ecosystem Patent Portfolio relates to a wide range of mobile territory, from using your mobile phone's camera to retrieve information from 1D and 2D barcodes, to RFID chips, to NFC and more.

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"This is technology that has the power to revolutionize the way advertisers and retailers market to mobile consumers," says Dean Becker, CEO of ICAP Ocean Tomo.

An important new IP product – the CNTS.

The Spring 2011 Live IP Auction will feature the industry's newest IP product – the CNTS.  CNTS stands for Covenant Not to Sue. It provides a purchaser with freedom to operate with respect to a patent portfolio in a specific field, in this case, NeoMedia's Barcode Ecosystem Patent Portfolio.  That portfolio addresses barcode scanning, automatically accessing web content and managing the interactions between consumers and advertisers.  

At a time when IP considerations are becoming more important and more complex, the "CNTS" may well be on its way to becoming one of the key documents in an IP portfolio. Offered by specific sellers and covering specific portfolios, the CNTS provides high tech firms with increased freedom to operate in an efficient and expeditious manner without the worry of showing one's hand when negotiating with a Licensor, either directly or through a proxy, and avoids potential patent infringement claims, damages, and attorneys' fees.  

In the Spring 2011 Live IP Auction, ICAP Ocean Tomo is offering a CNTS for NeoMedia's Barcode Ecosystem Patent Portfolio. As noted above, that portfolio concerns technology for mobile devices with cameras to read 1D and 2D barcodes and provides "one click" access to mobile content. For example, it can revolutionize the way brands and advertisers market to consumers via the mobile channel.

Laura Marriott, CEO of NeoMedia notes, "Customers and the advertising community can now easily secure a clear and predictable path to implement NeoMedia's patented barcode technology."

The NeoMedia CNTS IP products will be featured at ICAP Ocean Tomo's Spring Auction which will be held Thursday, March 31st at Capitale.

The auction will begin at 1PM. There will be two preliminary events – a Welcome Reception and Dinner at Cipriani Wall Street on Wednesday, March 30th with featured speaker Malcolm Gladwell and a Networking Luncheon before the auction starting at 11:30 on Thursday, March 31st. Registration is $495. Register online at http://www.regonline.com/ICAPOceanTomoSpring2011.

To learn more about the assets available for sale in this portfolio:

Contact Dean Becker of ICAP Ocean Tomo at [email protected]

About ICAP Ocean Tomo LLC

ICAP Ocean Tomo is the intellectual property brokerage division of ICAP and the world's premier patent auction firm.

About ICAP

ICAP is the world's premier interdealer broker and provider of post trade services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, emerging markets, equities and equity derivatives through voice and electronic networks. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information go to www.icap.com.

SOURCE ICAP Ocean Tomo