Neomedia - Der neue highflyer ?
Top ten chancy IT patents revealed
According to the Electronic Frontier Foundation
By Nick Farrell: Donnerstag 01 Juli 2004, 07:10
CIVIL RIGHTS group the Electronic Frontier Foundation has issued a top ten hitlist of IT patents which it thinks are being used to limit free expression.
According to the EFF the list was compiled by members of the public in June. It will now formally ask the US Patent and Trademark Office to re-examine them.
It seems Microsoft with its FAT patent didn’t make it into the Top Ten. The EFF's list is:
1. Acacia Technologies' digital media transmission patent, which the company defines as covering "the transmission and receipt of digital content via the Internet, cable, satellite and other means."
2. Clear Channel's Instant Live patent, which covers technology used to produce instant recordings of live concerts. Clear Channel bought the patent and is now going after artists who choose to give fans CDs of their shows.
3. Acceris Communication's voice over IP technology patent. Acceris is targeting smaller VOIP players by sending the patents to investors and trying to intimidate them.
4. Sheldon Goldberg online gaming and real-time ladder rankings. Goldberg has ordered small gaming websites who use these things to stop.
5. Ideaflood's personalised subdomains. This could be used to hit LiveJournal members, as well as others using subdomain addresses.
6. NeoMedia Technologies' controlling methods for accessing computers based on identification codes, such as bar codes. NeoMedia has sued three companies for infringement. The EFF said that this patent allows the firm to control all look-up functions over a network.
7. Test Central's Internet test-making technology patent. The EFF thinks Test Central will use its patent to scare off distance-learning organisations. Apparently it has had words with several institutions, including some universities.
8. Nintendo's video-game emulator patent. This could be used to shut down the small companies writing emulators to run Nintendo’s back catalogue.
9. Firepond's patent covering automatic message-interpretation and routing systems. This controls the technology that allows consumers to call companies and have their calls routed based on a spoken command.
10. Seer Systems' patent covering the generation, distribution, storing and performing of musical work files. This claims control over a method of compiling music files as single files for distribution over the Internet. The company said that this is targeting small developers of technology for creating music and sound.
The EFF in a release that most of the patents are targeted at tiny companies that can't afford to defend themselves. They are trying to claim rights over some key part of the software that powers the Interweb, the EFF claims.
So how are the companies reacting? Wired got in touch with some of the patent holders who, not surprisingly were a little miffed at the suggestion. A NeoMedia spokesman said that its patent had been reviewed by many of the biggest companies and all said it's valid.
A Test Central spokesman said it had invested millions of dollars in its methods, and the patent protects this investment. Clear Channel said it would not conduct licensing conversations in public or via the media. µ
L'INQ
EFF press release
http://www.theinquirer.net/?article=16940
Pocket PCs Latest to Get NeoMedia's New 'Mobile Go-Window'
Wednesday July 28, 9:12 am ET
FT. MYERS, Fla.--(BUSINESS WIRE)--July 28, 2004--NeoMedia Technologies, Inc. (OTC BB:NEOM - News), said today that it has extended its PaperClick Mobile Go-Window(TM) product to the Pocket PC® ("Windows Mobile") environment for Web-enabled wireless devices.
The Mobile Go-Window is a horizontal text-entry bar on the screen of a cell phone, smartphone, PDA or other Web-enabled wireless device where users enter numeric strings from UPC or other bar codes to link directly to targeted online information via patented PaperClick® technology and software.
NeoMedia's newest Go-Window product is compatible with devices running either Pocket PC 2002 or Pocket PC 2003 on Intel® and non-Intel processors designed by ARM, including the Dell® Axim(TM) family of PDA's. The expanding PaperClick Mobile Go-Windows product line is also compatible with the popular Palm and Java operating environments. NeoMedia also supports the worldwide marketplace for SymbianOS(TM)-based devices with PaperClick for Camera Cell Phones(TM), which runs on Nokia® 3600, 3620, 3650, and 3660 phones.
Growing the Go-Window Product Line
"NeoMedia is very excited about our growing line of Go-Window products," said Charles T. Jensen, the company's president, COO and acting CEO. "Adding the Pocket PC, an outgrowth of Microsoft's Windows CE product entry in the palm-top operating world, represents a significant extension of the products we can now deliver to wireless carriers and to wireless device manufacturers.
"Today, mobile technology is a way of life for businesses and consumers," Jensen added. "People rely on this technology as never before, making ease-of-use and functionality of wireless devices more important than ever. Our PaperClick Mobile Go-Window helps meet this need for those on-the-go."
Go-Window Available to Wireless Carriers and Manufacturers
Jensen said the Mobile Go-Window is immediately available for sale to wireless carriers and manufacturers of Internet-capable cell phones, smartphones, PDA's and other wireless devices. It is also available for demonstration purposes to IT and wireless industry research analysts and potential partners.
"We're looking to aggressive companies who want to expand, extend and elevate the level and range of their product offerings to 'go' with our Go-Window," said Jensen.
Information is available from (630) 435-9200, Ext. 125, or by e-mailing info1@paperclick.com.
NeoMedia Micro Paint Signs Distribution Agreement for Products and Systems With Buying Consortium for New Car Franchised Dealers in Western Canada
Monday August 2, 8:30 am ET
FORT MYERS, Fla.--(BUSINESS WIRE)--Aug. 2, 2004--NeoMedia Technologies, Inc. (OTC BB: NEOM - News), said today that its Micro Paint Repair Systems business unit has signed a distribution agreement with MDA Co-Auto Ltd., the largest buying consortium for new car franchised dealers in Western Canada.
The agreement, which runs through 2006, provides exclusive rights to MDA (Motor Dealer's Association) Co-Auto, and would generate a minimum of $2 million to NeoMedia if the minimum sales target is achieved. Based in Edmonton, MDA Co-Auto has 1,050 member dealers in British Columbia, Alberta, Saskatchewan, Manitoba and the Yukon, who are franchised dealers for virtually all cars, including Ford®, General Motors®, Chrysler®, Honda®, Toyota®, BMW®, Volkswagen® and Audi®.
'Targeting the Worldwide Auto Aftermarket'
"NeoMedia Micro Paint is targeting the worldwide auto aftermarket," said Art Gilfus, the company's vice president of Global Sales. "Here, for example, MDA Co-Auto will private-label our products and system for sale to its member dealers, who should then be able to quickly and efficiently repair paint on new cars damaged in transport, trade in or leased vehicles and cars brought in by customers.
"NeoMedia is also actively marketing to stand-alone body and repair shops, auto glass specialists, and entrepreneurially-driven businesses which want to add to or create a new profit center," he said.
This is the second major distribution agreement for NeoMedia Micro Paint in recent months. In June it took a major step toward worldwide expansion by contracting with Micro Paint Systems (Australasia) Limited of New Zealand to be its exclusive distribution for products and systems there and in Australia. Contingent on minimum sales targets being met, that agreement could produce approximately $23 million in revenue to NeoMedia over the next five years.
New Paint System Can Boost Dealer Profits
Mike Reid, president of MDA Co-Auto, said his group "does everything we can to help our member dealers get a handle on costs, and, when possible, create new profits. That's where NeoMedia Micro Paint Repair Systems can really help. Now member dealers should be able to grow the repair side of their businesses," he said. "Micro paint repair can help them retain existing customers while gaining incremental revenues from new customers who bring their cars to the dealerships."
While only about one-third of MDA Co-Auto's member dealers currently have body and repair shows, Reid said that all 1,050 have service areas. "Because NeoMedia's Micro Paint Repair System does not require special drying or baking areas and is environmentally safe," said Reid, "these dealers can start offering micro paint repair as soon as their personnel are trained."
Reid said MDA Co-Auto works with similar member dealer-owned buying consortiums in Canada and the U.S. and that "we all learn from one another. As we roll-out in September, we know they'll be watching our progress carefully on behalf of their members," he said.
Repairs in Less Than an Hour
The proprietary NeoMedia Micro Paint Repair System uses a chemical adhesion rather than old-fashioned mechanical adhesion, and completes undetectable repairs of scratches, scrapes and blemishes on vehicles in a fraction of the traditional time . . . usually less than an hour. "This incredibly quick turnaround lets shops work on many more cars a day," said Gilfus. "In MDA Co-Auto's case, dealers should be able to show increases in margins and profits while satisfied customers can drive away in their perfectly-repaired cars rather than lose use of them for one, two or even three days."
With the NeoMedia System, the area to be repaired is isolated, without extensive and time-consuming masking or costly removal of panels or parts, much like arthroscopic surgery, which allows repair of injuries to humans in a far-less-invasive manner. Scratches down to bare metal, oxidized paint - even high metallic, pearl and tri-coat finishes - can all be corrected with NeoMedia's products and process, which employs proprietary technology and safe materials, totally free from harmful isocyanates.
aber easy, bald schon keht sich das vorzeichen zu EINEM MEGAFETTEN PLUS
die aktei bewegt sich ziemlich horizontal.. schafft es neom in den norden??
Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
OVERVIEW
NISS (PHYSICAL-WORLD-TO-INTERNET OFFERINGS) BUSINESS UNIT DEVELOPMENTS.
Over the past several years, NeoMedia's focus has been aimed toward the commercialization of its Internet Switching Systems (NISS) business unit. NISS consists of the patented PaperClick(TM) technology that enables users to link directly from the physical to the digital world, as well as the patents surrounding certain physical-world-to-web linking processes. NeoMedia's mission is to invent, develop, and commercialize technologies and products that effectively leverage the integration of the physical and electronic to provide clear functional value for its end-users, competitive advantage for their business partners and return-on-investment for their investors. To this end, NeoMedia has signed four intellectual property licenses since inception, and also acquired additional patents as part of its acquisition of Secure Source Technologies, Inc. during 2003.
On September 8, 2003, NeoMedia announced its PaperClick for Camera Cell Phones(TM) product, which reads and decodes UPC/EAN or other bar codes to link users to the Internet, providing information and enabling e-commerce on a compatible camera cell phone, such as the Nokia 3650 model. During the second quarter of 2004, NeoMedia introduced its PaperClick Mobile Go-Window(TM), a horizontal bar on the screen of a wireless device where users can enter numeric strings from UPC or other bar codes to link directly to targeted online information via patented PaperClick technology and software. The PaperClick Mobile Go-Window(TM) currently works with Palm(TM) Tungsten C PDA, the Handspring(TM) Treo 270 and 600 Smartphones, Pocket PC(R), and the Java MIDP 2.0 (Mobile Independent Device Profile) standard.
On October 30, 2003, NeoMedia unveiled the go-to-market strategy for its PaperClick suite of products. Over the past several months, NeoMedia has signed contracts with several key partners outlined in the strategy, including agents Big Gig Strategies, SRP Consulting, and Relyco, systems integrator Science Applications International Corporation (SAIC), and European advertising agency 12Snap. In June 2004, NeoMedia entered into a collaborative agreement with Intel Corporation for NeoMedia's PaperClick mobile connectivity platform to operate on the recently introduced Intel PXA27x processor family-based cellular phones.
On June 3, 2004, NeoMedia announced that it signed a teaming agreement with IPSO, an integrator of proprietary solutions developed by its provider companies for financial institution members and a leader in meeting Check 21 standards. Enacted by Congress and signed into law last year, Check 21 requires banks to begin accepting substitute checks (called IRDs for image replacement documents) in lieu of original checks as of October 29, 2004. NeoMedia and IPSO could partner on proposals and presentations surrounding Check 21.
NMPR (MICRO PAINT REPAIR) BUSINESS UNIT DEVELOPMENTS.
On February 6, 2004, NeoMedia acquired 100% ownership of CSI International, Inc., of Calgary, Alberta, Canada, a private technology products company in the micro paint repair industry. NeoMedia currently has approximately 50 active paint repair end-user system agreements.
On June 1, 2004, NeoMedia announced that it had entered into a distribution agreement with Micro Paint Systems (Australasia) Limited of New Zealand for exclusive distribution rights to NeoMedia's micro paint
repair products in Australia and New Zealand. The agreement is contingent upon a minimum purchase of 500 systems over five years in that territory. NeoMedia received an initial payment on signing of the contract, which included the fee for four initial systems.
On June 22, 2004, NeoMedia announced its new product called "Silver Solutions," a process created specifically to mend the popular high metallic and pearl paint finishes on new cars.
On July 7, 2004, NeoMedia announced the appointment of Arthur W. Gilfus to the newly-created position of global vice president of sales for the Micro Paint Repair Business Unit.
On July 16, 2004, NeoMedia announced that its NeoMedia Micro Paint Repair business unit added five more licensees as part of a private label contract with Crackmaster Distributors Ltd., a Canadian auto aftermarket company.
On August 2, 2004, NeoMedia announced that it signed a distribution agreement with Motor Dealer's Association (MDA) Co-Auto Ltd., the largest buying consortium for new car franchised dealers in Western Canada. The agreement provides exclusive rights for MDA Co-Auto to market NeoMedia's micro paint repair system to its member dealers. MDA Co-Auto has 1,050 member dealers in British Columbia, Alberta, Saskatchewan, Manitoba and the Yukon.
NCIS (SYSTEMS INTEGRATION) BUSINESS UNIT DEVELOPMENTS.
NCIS (systems integration service offerings) is the original business line upon which the Company was organized. This unit resells client-server equipment and related software, and general and specialized consulting services. Systems integration services also identifies prospects for custom applications based on NeoMedia's products and services. These operations are based in Lisle, Illinois.
SEC INQUIRY
During 2003, NeoMedia received requests from the SEC's Southeast Regional Office for certain documents including those concerning negotiations and arrangements with certain strategic partners and consultants, patents, recent issuances of securities, investor relations, and the stock ownership by NeoMedia's officers and directors. NeoMedia responded promptly and fully and will cooperate with any further requests. The SEC's letter states that the staff's inquiry is informal and should not be construed as an indication of any violation of law or as a reflection on any person, entity, or security.
ACQUISITIONS
CSI INTERNATIONAL, INC. On February 6, 2004, NeoMedia acquired 100% ownership of CSI International, Inc., of Calgary, Alberta, Canada, a private technology products company in the micro paint repair industry. NeoMedia paid 7,000,000 shares of its common stock, plus $2.5 million cash in exchange for all outstanding shares of CSI. NeoMedia has centralized the administrative functions in its Ft. Myers, Florida headquarters, and maintains a sales office in Calgary, Alberta, Canada.
BSD SOFTWARE, INC. On December 9, 2003, NeoMedia signed a non-binding letter of intent to acquire Triton Global Business Services Inc. and its parent company, BSD Software Inc. (Pink Sheets: BSDS), both of Calgary, Alberta, Canada. The LOI outlined terms, including an exchange of one share of NeoMedia common stock for each share of BSD Software, not to exceed 40 million shares. The transaction is dependent on due diligence by
both companies, approval by NeoMedia's Board of Directors, BSD Software's Board of Directors and shareholders, and any required regulatory approvals. Triton, formed in 1998 and acquired by BSD in 2002, is an Internet Protocol-enabled provider of live and automated operator calling services, e-business support, billing and clearinghouse functions and information management services to telecommunications, Internet and e-business service providers. The companies are currently completing their due diligence.
NeoMedia's operating results have been subject to variation and will continue to be subject to variation, depending upon factors, such as the mix of business among services and products, the cost of material, labor and technology, particularly in connection with the delivery of business services, the costs associated with initiating new contracts, the economic condition of NeoMedia's target markets, and the cost of acquiring and integrating new businesses.
CRITICAL ACCOUNTING POLICIES
The U.S. Securities and Exchange Commission ("SEC") issued Financial Reporting Release No. 60, "Cautionary Advice Regarding Disclosure About Critical Accounting Policies" ("FRR 60"), suggesting companies provide additional disclosure and commentary on their most critical accounting policies. In FRR 60, the SEC defined the most critical accounting policies as the ones that are most important to the portrayal of a company's financial condition and operating results, and require management to make its most difficult and subjective judgments, often as a result of the need to make estimates of matters that are inherently uncertain. Based on this definition, NeoMedia's most critical accounting policies include: inventory valuation, which affects cost of sales and gross margin; and the valuation of intangibles, which affects amortization and write-offs of goodwill and other intangibles. NeoMedia also has other key accounting policies, such as policies for revenue recognition, including the deferral of a portion of revenues on sales to distributors, and allowance for bad debt. The methods, estimates and judgments NeoMedia uses in applying these most critical accounting policies have a significant impact on the results it reports in its consolidated financial statements.
Intangible Asset Valuation. The determination of the fair value of certain acquired assets and liabilities is subjective in nature and often involves the use of significant estimates and assumptions. Determining the fair values and useful lives of intangible assets especially requires the exercise of judgment. While there are a number of different generally accepted valuation methods to estimate the value of intangible assets acquired, NeoMedia primarily uses the weighted-average probability method outlined in SFAS 144. This method requires significant management judgment to forecast the future operating results used in the analysis. In addition, other significant estimates are required such as residual growth rates and discount factors. The estimates NeoMedia has used are consistent with the plans and estimates that NeoMedia uses to manage its business, based on available historical information and industry averages. The judgments made in determining the estimated useful lives assigned to each class of assets acquired can also significantly affect NeoMedia's net operating results.
Allowance for Bad Debt. NeoMedia maintains an allowance for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. Allowance for doubtful accounts is based on NeoMedia's assessment of the collectibility of specific customer accounts, the aging of accounts receivable, NeoMedia's history of bad debts, and the general condition of the industry. If a major customer's credit worthiness deteriorates, or NeoMedia's customers' actual defaults exceed historical experience, NeoMedia's estimates could change and impact its reported results.
Stock-based Compensation. NeoMedia records stock-based compensation to outside consultants at fair market value in general and administrative expense. NeoMedia does not record expense relating to stock options granted to employees with an exercise price greater than or equal to market price at the time of grant. NeoMedia reports pro-forma net loss and loss per share in accordance with the requirements of SFAS 123 and 148. This disclosure shows net loss and loss per share as if NeoMedia had accounted for its employee stock options under the
fair value method of those statements. Pro-forma information is calculated using the Black-Scholes pricing method at the date of grant. This option valuation model requires input of highly subjective assumptions. Because NeoMedia's employee stock options have characteristics significantly different from those of traded options, and because changes in the subjective input assumptions can materially affect the fair value estimate, in management's opinion, the existing model does not necessarily provide a reliable single measure of fair value of its employee stock options.
Estimate of Litigation-based Liability. NeoMedia is defendant in certain litigation in the ordinary course of business (see "Legal Proceedings"). NeoMedia accrues liabilities relating to these lawsuits on a case-by-case basis. NeoMedia generally accrues attorney fees and interest in addition to the liability being sought. Liabilities are adjusted on a regular basis as new information becomes available. NeoMedia consults with its attorneys to determine the viability of an expected outcome. The actual amount paid to settle a case could differ materially from the amount accrued.
Revenue Recognition. NeoMedia derives revenues from three primary sources:
(1) license revenues and (2) resale of software and technology equipment and service fee revenues, and (3) sale of its proprietary micro paint repair solution.
(1) License fees, including Intellectual Property licenses, represent revenue from the licensing of NeoMedia's proprietary software tools and applications products. NeoMedia licenses its development tools and application products pursuant to non-exclusive and non-transferable license agreements. Resales of software and technology equipment represent revenue from the resale of purchased third party hardware and software products and from consulting, education, maintenance and post contract customer support services.
The basis for license fee revenue recognition is substantially governed by American Institute of Certified Public Accountants ("AICPA") Statement of Position 97-2 "Software Revenue Recognition" ("SOP 97-2"), as amended. License revenue is recognized if persuasive evidence of an agreement exists, delivery has occurred, pricing is fixed and determinable, and collectibility is probable.
(2) Revenue for resale of software and technology equipment and service fee is recognized based on guidance provided in Securities and Exchange Commission (SEC) Staff Accounting Bulletin No. 104, "Revenue Recognition in Financial Statements," as amended (SAB 104). Software and technology equipment resale revenue is recognized when all of the components necessary to run software or hardware have been shipped. Service revenues including maintenance fees for providing system updates for software products, user documentation and technical support are recognized over the life of the contract. Software license revenue from long-term contracts has been recognized on a percentage of completion basis, along with the associated services being provided. Other service revenues, including training and consulting, are recognized as the services are performed. NeoMedia uses stand-alone pricing to determine an element's vendor specific objective evidence (VSOE) in order to allocate an arrangement fee amongst various pieces of a multi-element contract. NeoMedia records an allowance for uncollectible accounts on a customer-by-customer basis as appropriate.
In December 2003, the Securities and Exchange Commission ("SEC") issued Staff Accounting Bulletin ("SAB") No. 104, "Revenue Recognition." SAB 104 supersedes SAB 101, "Revenue Recognition in Financial Statements." SAB 104's primary purpose is to rescind accounting guidance contained in SAB 101 related to multiple element
revenue arrangements, superseded as a result of the issuance of EITF 00-21, "Accounting for Revenue Arrangements with Multiple Deliverables." Additionally, SAB 104 rescinds the SEC's Revenue Recognition in Financial Statements Frequently Asked Questions and Answers ("the FAQ") issued with SAB 101 that had been codified in SEC Topic 13, Revenue Recognition. Selected portions of the FAQ have been incorporated into SAB 104. While the wording of SAB 104 has changed to reflect the issuance of EITF 00-21, the revenue recognition principles of SAB 101 remain largely unchanged by the issuance of SAB 104, which was effective upon issuance. The adoption of SAB 104 did not impact the consolidated financial statements.
(3) Revenue for training and certification on NeoMedia's Micro Paint Repair systems is recognized equally over the term of the contract, which is currently one year. A portion of the initial fee paid by the customer is allocated to training costs and initial products sold with the system, and is recognized upon completion of training and shipment of the products. Ongoing product and service revenue is recognized as products are shipped and services performed.
RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2004 AS COMPARED TO THE THREE MONTHS ENDED JUNE 30, 2003
Net sales. Total net sales for the three months ended June 30, 2004 were $448,000, which represented a decrease of $226,000, or 34%, from $674,000 for the three months ended June 30, 2003. This decrease primarily resulted from reduced resales of Sun Microsystems equipment due to increased competition and general economic conditions, offset by an increase in sales resulting from the acquisition of the Company's micro paint repair business unit. NeoMedia could realize an increase in license fees over the next 12 months if the Company is successful in implementing its PaperClick go-to-market strategy. NeoMedia could also realize increased license fees if pending court cases involving its intellectual property are resolved in NeoMedia's favor.
License fees. License fees were $88,000 for the three months ended June 30, 2004, compared with $160,000 for the three months ended June 30, 2003, a decrease of $72,000, or 45%. The decrease was due to lower sales of internally developed software licenses in 2004. NeoMedia could realize a material increase in license fees over the next 12 months if the Company is successful in implementing its PaperClick go-to-market strategy. NeoMedia could also realize increased license fees if pending court cases involving its intellectual property are resolved in NeoMedia's favor.
Resales of software and technology equipment and service fees. Resales of software and technology equipment and service fees decreased by $343,000, or 67%, to $171,000 for the three months ended June 30, 2004, as compared to $514,000 for the three months ended June 30, 2003. This decrease primarily resulted from reduced resales of Sun Microsystems equipment due to increased competition and general economic conditions. NeoMedia intends to continue to pursue additional resales of equipment, software and services. NeoMedia expects resales to more closely resemble the results for the three months ended June 30, 2004, rather than the three months ended June 30, 2003.
Micro paint repair products and services. Sales of micro paint repair products and services were $189,000 for the three months ended June 30, 2004. NeoMedia acquired this business on February 6, 2004, so there were no sales of micro paint repair products and services during the three months ended June 30, 2003. NeoMedia expects sales of micro paint repair products and services to increase during 2004 as the Company implements its business to rollout its Micro Paint Repair solution.
Cost of license fees. Cost of license fees was $81,000 for the three months ended June 30, 2004, an increase of $6,000, or 8%, compared with $75,000 for the three months ended June 30, 2003. The increase resulted from increased amortization of capitalized patent costs during 2004.
Cost of resales. Cost of resales was $173,000 for the three months ended June 30, 2004, a decrease of $313,000, or 64%, compared with $486,000 for the three months ended June 30, 2003. The decrease resulted from decreased resales in 2004 compared with 2003. Cost of resales as a percentage of related resales was 101% in 2004, compared to 95% in 2003. This increase is due to revenue declining more rapidly than the fixed portion of costs of resales. NeoMedia expects costs of resales to fluctuate with the mix of sales of equipment, software, and services over the next 12 months.
Cost of micro paint repair products and services. Cost of micro paint repair products and services was $168,000 for the three months ended June 30, 2004. NeoMedia acquired this business on February 6, 2004, so there were no cost of sales of micro paint repair products and services during the three months ended June 30, 2003. Cost of micro paint repair products and services as a percentage of related sales was 89%. NeoMedia expects cost of micro paint repair products and services to increase over the next 12 months as revenue continues to increase with the roll-out. NeoMedia also expects cost of sales as a percentage of sales to decrease over the next 12 months as the Company continues to implement its rollout of its higher-margin Micro Paint Repair products.
Gross Profit. Gross profit was $26,000 for the three months ended June 30, 2004, a decrease of $87,000, or 77%, compared with gross profit of $113,000 for the three months ended June 30, 2003. This decrease was primarily the result of reduced resales of Sun Microsystems equipment due to increased competition and general economic conditions.
Sales and marketing. Sales and marketing expenses were $522,000 for the three months ended June 30, 2004, compared to $122,000 for the three months ended June 30, 2003, an increase of $400,000 or 328%. This increase resulted primarily from the addition of recently-acquired micro paint business sales force and cost associated with marketing, as well as promotion of the Company's PaperClick and Micro Paint Repair products. NeoMedia expects sales and marketing expense to increase over the next 12 months with the continued development and anticipated rollout of the PaperClick and Micro Paint Repair product suites.
General and administrative. General and administrative expenses decreased by $351,000, or 47%, to $399,000 for the three months ended June 30, 2004, compared to $750,000 for the three months ended June 30, 2003. The decrease resulted primarily from a decrease in stock-based professional services expense in 2004 compared with 2003, as well as a reduction to general and administrative expense of $80,000 relating to the Company's option repricing program during the three months ended June 30, 2004. NeoMedia expects general and administrative expense to increase over the next 12 months with the recent acquisition of CSI International and the potential acquisition of BSD Software.
Research and development. During the three months ended June 30, 2004, NeoMedia charged to expense $122,000 of research and development costs, an increase of $46,000 or 61% compared to $76,000 for the three months ended June 30, 2003. The increase is primarily due to the addition of developers
NeoMedia's Adds 'Go-Window' for Windows Mobile-Based Smartphones
Monday August 30, 8:30 am ET
FT. MYERS, Fla.--(BUSINESS WIRE)--Aug. 30, 2004--NeoMedia Technologies, Inc. (OTC BB: NEOM - News), today introduced PaperClick Mobile Go-Window(TM) for Windows Mobile(TM)-based Smartphones, Microsoft's® operating system version for cellular and mobile phones.
The Mobile Go-Window is a horizontal text-entry bar on the screen of a smartphone, cell phone, PDA or other Web-enabled wireless device where users can enter numeric strings from UPC or other bar codes to link directly to targeted online information via patented PaperClick® technology and software.
The fourth Go-Window product for Web-enabled wireless devices, it runs on Windows Mobile-based Smartphone devices including the Motorola® MPx200 (US and Europe), Samsung® i600 (U.S.), Orange® SPV E200 and Orange SPV C500 (Europe), O2 Xphone (Asia), Amazing Phone (Asia), Dopod 515 and 535 (Asia), iMate(TM) Smartphone2 (Asia), and Mio(TM) 8380 (Asia).
Continuing to Grow the Go-Window Product Line
Charles T. Jensen, president, COO and acting CEO of NeoMedia, said his company "is aggressively and pro-actively building our Go-Window product line for wireless devices. With the introduction of the Go-Window for Windows Mobile-based Smartphones and our previous introduction of Go-Window for the Pocket PC, we have covered Microsoft's mobile operating systems."
Previously, NeoMedia also has Go-Window products for devices using the PalmOS(TM) (operating system), including the Palm(TM) Tungsten C PDA and the Handspring(TM) Treo 270 and 600 Smartphones, and Java MIDP 2.0 (Mobile Independent Device profile). NeoMedia also supports the worldwide marketplace for SymbianOS(TM)-based devices with PaperClick for Camera Cell Phones(TM), introduced in December, which uses the camera of a Web-enabled phone to take a "picture" of a bar code to link to the Internet.
"As life becomes more and more mobile, use of cells phones, PDA's and other wireless devices has become ubiquitous," said Jensen. "Now, with our four PaperClick Go-Window products and PaperClick for Camera Cell Phones, users can quickly and easily get the information they need where and when they need it."
Go-Window Available to Wireless Carriers and Manufacturers
The PaperClick Mobile Go-Window is immediately available for purchase by wireless carriers and manufacturers of Internet-capable cell phones, smartphones, PDA's and other wireless devices, as well as for demonstration purposes to IT and wireless industry research analysts and potential partners.
"The Go-Window is ideal for wireless carriers and manufacturers who can offer it to extend and elevate the level and range of their product offerings," said Jensen.
Information is available from (630) 435-9200, Ext. 125, or by e-mailing info1@paperclick.com
FT. MYERS, FL, Sept. 13, 2004 -- NeoMedia Technologies, Inc. (OTC BB: NEOM), a developer and international marketer of software and patented technologies which link products, print, and physical objects directly to targeted online data, today announced the signing of a business development and investment agreement with IPoint-Media Ltd. of Tel Aviv.
Charles T. Jensen, president, CEO and COO of NeoMedia, said his company will immediately begin a co-development effort with IPoint (www.ipoint-media.com), which was founded in April 2001 as a spin-off from Imagine Visual Dialog Ltd. by Muki Geller, who also founded Imagine.
Jensen said NeoMedia will immediately receive 7 percent of the stock in IPoint, which is privately-held, and will also acquire an additional 10 percent of IPoint for a $1 million investment.
Among other shareholders in IPoint are the Nisko Group, a leading Israeli holding company, Keppel T&T of Singapore, a member of the Keppel Group of companies, one of Southeast Asia's largest conglomerates, and WPP of London, a leading communications services group.
Shared Synergies in Products and Mission
Jensen said NeoMedia and IPoint "share synergies in both product and mission. We are both innovators who have created leading-edge solutions for a worldwide, world-class customer base," he said. "NeoMedia's patented PaperClick® platform, which provides automated links to targeted online data via bar-coded physical objects, perfectly complements the IPoint product line and is currently being marketed to many of the same companies in the U.S., Europe and around the globe," he said.
Among the IPoint products on which the two companies will co-develop are:
The Visual Theater application, which enables a distribution of interactive two-way video and audio from a presenter to multiple viewers in a One2Many mode;
The Visual Chat application, which enables multiple participants to engage in a video chat with multiple video previews, and instant messaging integration;
The Visual Lecture application, which enables a distribution of interactive two-way video, audio and documents to multiple viewers, with shared documents controlled and synchronized by the presenter, and
The Visual Workgroup application, which enables enterprise users to engage in a conference with video, audio and integrated document sharing, with users able to launch sessions and invite other users using instant messaging.
About NeoMedia Technologies, Inc.
NeoMedia Technologies, Inc. (www.neom.com), is a developer and international marketer of software and patented technologies which link products, print, and physical objects directly to targeted online data, with expertise in homeland security and e-authentication applications. NeoMedia markets PaperClick® and PaperClick for Cell/Mobile Phones™, which link physical information and objects to the Internet, and its Systems Integration Group specializes in providing expert-based IT consulting, hardware, and software 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.
PaperClick is a registered trademark, and PaperClick Mobile Go-Window and PaperClick for Camera Cell Phones are trademarks of NeoMedia Technologies, Inc.
Other trademarks are properties of their respective owners.
Mir pers. ist ein solches Tool auch nicht weiter bekannt. Und das noch in 3 verschiedenen Versionen.
Was ich aber nicht verstehe, ist die DTAG und Sony, zu beginn der news ?
"NeoMedia Technologies to Develop With/Invest In IPoint-Media Ltd., Video Access Software Provider to Deutsche Telekom and SONY Europe"
DTAG und Sony kommen m weiteren Verlauf der news nicht mehr zur Sprache.
Was heißt das jetzt genau?`
Ansonsten denke ich, ist es nur ein weiterer Meilenstein, daher ist vielleicht nix los drüben.
greetz