Scanbuy and NeoMedia reach a deal

This has just been announced, I predicted it a few days ago. I will be talking to both CEO’s ASAP and will be reporting today.

Scanbuy and NeoMedia announced a cross licensing deal today which we hope will move the mobile barcode space to new heights in the United States. Both companies have invested a great deal of time and resources in developing our intellectual property, and we are pleased to have finally come to a fair agreement.

Our technology inter-operates with any mobile operator, any handset, any geography and any barcode format – that flexibility is critical to making this a viable and long-term solution. Scanbuy’s current patent portfolio covers the entire mobile barcode space, and we will continue bring innovative solutions to our partners and customers.

Thanks for your support,

Jonathan Bulkeley, Chief Executive Officer

More news as this breaks.