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NeoMedia Adds New Patent


Fort Myers, FL - NeoMedia Technologies, Inc. (OTC BB: NEOM), an innovator in market-driven technologies, said that it has added to its "already strong global patent position" with the issuance of another patent to the company for use with the very popular 2-dimensional bar codes.

The Instituto Mexicano de la Propiedad Industrial, the patent office in Mexico, has awarded patent No. 233529 to NeoMedia, which corresponds to patents issued to the company by the U.S. Patent Office and the Canadian Intellectual Property Office, for a "Method and System for Accessing Electronic Resources via Machine-Readable Data on Intelligent Documents." Dr. Kevin Hunter, NeoMedia’s chief scientist, is the inventor of record. NeoMedia has also filed for patents for the process in Europe, Japan and Brazil.

Charles W. Fritz, NeoMedia’s founder and chairman, said the patent deals with improved methods of storing information placed directly on physical objects as PC-readable data utilizing 2-dimensional bar cod

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A patent protects your invention.

A patent for an invention is a grant of property rights by the U.S. Government through the U.S. Patent and Trademark Office. The patent grant excludes others from making, using, or selling the invention in the United States. The terms "Patent Pending" and "Patent Applied For" are used to inform the public that an application for a patent has been filed. Patent protection does not start until the actual grant of a patent. Marking of an article as patented, when it is not, is illegal and subject to penalty.

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United States Patent and Trademark Office, designation became effective April 3, 2000; a result of the American Inventors Protection Act of 1999.

Activity based cost accounting - an accrual-based accounting method for determining unit-based costs of delivering services by allocating the costs to budgetary resources.

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