NeoMedia Signs LOI to Bring Micro Paint Repair to China

FT. MYERS, Fla. & BEIJING--May 2, 2005--NeoMedia Technologies, Inc. (OTC BB: NEOM), said today that it has signed a Letter of Intent to bring its NeoMedia Micro Paint business to the People's Republic of China.

The non-binding LOI, signed with the Jinche Yingang Automobile Co. of Beijing, calls for Jinche to act as a non-exclusive distributor of NeoMedia's micro paint repair products, systems and licenses to automotive service facilities throughout China.

About NeoMedia Micro Paint Repair, Inc.

NeoMedia Micro Paint Repair, Inc., is a business unit of NeoMedia Technologies, Inc. Formerly known as CSI International Inc. (www.csi-intl.com), the company specializes in products and services for the worldwide micro paint repair industry, including a system and processes utilizing proprietary technology.

About Jinche Yingang Automobile Co.

Jinche Yingang Automobile Co. is a Beijing PRC-registered company specializing in automobile sales, financing, insurance and repair.

About NeoMedia Technologies, Inc.

NeoMedia Technologies, Inc. (www.neom.com), is a developer and international marketer of software and patented technologies, including PaperClick(R) (www.PaperClick.com), PaperClick for Camera Phones(TM) and the PaperClick Mobile Go-Window(TM), which link products, print, and physical objects directly to targeted online data,. NeoMedia also offers expertise in homeland security and e-authentication applications, and its Systems Integration Group specializes in providing expert-based IT consulting, hardware, and software solutions.

PaperClick is a registered trademark, and PaperClick For Camera Phones and PaperClick Mobile Go-Window are trademarks of NeoMedia Technologies, Inc. Other trademarks are properties of their respective owners.