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Micro-Cap on Watch; NeoMedia Technologies Inc. (NEOM)

NeoMedia Technologies Inc. (OTC: NEOM), a pioneer in 2D mobile barcode technology and infrastructure solutions that enable the mobile barcode ecosystem worldwide, recently, announced that it was awarded new patent for faster and easier implementation of mobile barcode applications and services.

NEOM said last week that the United States Patent and Trademark Office (USPTO) allowed the company’s patent application that addresses the rising demand for improved mobile barcodes. The patent further confirms the strong progress NEOM is making in the area of mobile barcode technology. Earlier this month, the company had reported that its NeoReader® QR reader is now installed on more than 20 million handsets, representing an increase of 148% over the installed handset base at this time in 2011.

The latest patent awarded to NeoMedia Technologies is entitled MESSAGING INTERCHANGE SYSTEM and covers systems and methods for providing users of mobile barcodes with automatic access to remote computers.

Laura Marriott, CEO of NeoMedia Technologies, said that the global barcode management industry is extremely fast paced and it is paramount that as a pioneer, NEOM continues to innovate and deliver breakthrough technologies that enable users to further mobilize their marketing campaigns.

NEOM shares are sharply higher in trading today. At last check, the stock was trading 5.98% higher at $0.0124 on volume of 7.63 million.

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