NeoMedia’s PaperClick Featured in The Wall Street Journal

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FORT MYERS, Fla., and LONDON, May 24, 2006 – NeoMedia Technologies, Inc. (OTC BB: NEOM) an innovator in market-driven technologies, announced that the company and its patented PaperClick^® technology platform were featured today in an article on direct-to-web mobile marketing in The Wall Street Journal^®.

Speaking from London where he was meeting with one of NeoMedia’s recently-acquired mobile marketing companies, Charles T. Jensen, president of NeoMedia, said he was “delighted to see world-wide, world-class attention given to NeoMedia, our PaperClick technology, and more broadly to mobile marketing by the Journal.

“Here in Europe – and we believe soon in America – mobile marketing is everywhere . . . from mobile coupons to links to advertising in print and on consumer products,” he said. “NeoMedia and PaperClick – as described in the Journal article – have a growing portfolio of patented technologies and a wide range of marketing applications.

Mr. Jensen said that while today’s article cited mobile marketing for giving “a hip new life” to bar codes, NeoMedia “has gone well past just scanning UPCs. Our companies on both sides of the Atlantic have hundreds of successful programs now running for household-name brands and services, and will soon expand these to include the patented PaperClick technology, taking consumers and enterprises direct to specified content on the mobile Internet, at anytime and from anywhere.

“We salute The Wall Street Journal for the attention it has given to mobile marketing and NeoMedia,” he said, noting that his company’s suit for patent infringement against Scanbuy, also mentioned in the article, is ongoing.

About NeoMedia Technologies, Inc.
NeoMedia Technologies, Inc. (www.neom.com) is a diversified global company offering leading edge, technologically advanced products and solutions for companies and consumers, built upon its solid family of patented products and processes, and management experience and expertise. Its mobile services group of companies offers end-to-end mobile enterprise and mobile marketing solutions, through its flagship direct-to-mobile-web PaperClick technology, and ground-breaking products and services from 4 (shortly to be 5) of the USA’s and Europe’s leading mobile marketing providers. All NeoMedia Mobile companies benefit from NeoMedia’s 27 wireless patents, and the new group is comprised of 160 of the most experienced mobile marketing talent in the world. By linking consumers and companies to the interactive electronic world, NeoMedia delivers one-to-one, permission-based, personalized and profiled dialogue—anytime and anywhere.

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.

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Press Contacts:
Karen Yagnesak
NeoMedia Technologies, Inc.
+(239) 337-3434
[email protected]

David A. Kaminer
The Kaminer Group
+(914) 684-1934
[email protected]