New Patent Licensee 4GQR LLC
Boulder, October 23, 2012 – NeoMedia Technologies, Inc. (OTC BB: NEOM), the pioneer in global mobile barcode management solutions, today announced that 4GQR LLC., a provider of QR code technology, is a new patent licensee to its portfolio of barcode related patents. 4GQR joins a growing list of companies actively licensed to use NeoMedia's patents, a list which includes industry-leading companies such as Microsoft.
"The mobile barcode industry continues to grow at an explosive rate across a variety of brands and industries," said Laura Marriott, Chief Executive Officer, NeoMedia. "In the last year alone, we’ve seen smartphone adoption rise to over 950 million and QR code scans increase by nearly 120 percent from the same period last year. As a leader in the space, we are encouraged by this grow and the value brands continue to see by leveraging our IP portfolio."