EXHIBIT 99.2
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Press Contacts:       Charles T. Jensen                 David A. Kaminer
---------------       NeoMedia Technologies, Inc.       The Kaminer Group
                      (239)  337-3434                   (914)  684-1934
                      cjensen@neom.com                  dkaminer@kamgrp.com

          NEOMEDIA TECHNOLOGIES COMPLETES ACQUISITION OF SECURE SOURCE
                               TECHNOLOGIES, INC.

FT. MYERS, FL, October 7, 2003 -- NeoMedia  Technologies,  Inc.  (OTCBB:  NEOM),
said it has "added  substantially"  to its intellectual  property (IP) portfolio
and offerings for the homeland  security and finance markets today by completing
the  acquisition of Secure Source  Technologies,  Inc.  (SST), of Silver Spring,
Maryland, including seven U.S. patents and one Canadian patent.
          Charles T. Jensen,  NeoMedia's president, COO and acting CEO, said the
acquisition,  announced this summer (see "NeoMedia Technologies, Inc., Signs LOI
to Acquire Secure Source  Technologies,"  Business Wire, July 28), was completed
through an exchange of 3.5 million shares common stock from NeoMedia to SST. The
companies will centralize administrative and management functions in Fort Myers.
         "By acquiring  SST,  NeoMedia has added  substantially  to our patented
technologies,  IP and  know-how,  particularly  for the  homeland  security  and
financial  markets,"  said Jensen.  "The  combined  NeoMedia/SST  now offers the
public and private sectors a combination of technologies, products and expertise
to  combat  identity  fraud  and  provide  for  safer,   more  secure  financial
transactions.
         "We believe," said Jensen,  "this merger will enhance shareholder value
through  increased cash flow from patent licensing and expanded  applications of
our technologies."
            Jensen said the IP,  patents and know-how  offered by SST were "keys
to the acquisition  and merger."  Through the end of 2002,  fees,  royalties and
licenses  from these patents  totaled  nearly $1 million from their end use by a
broad range of companies,  including Bayer AG, ESPN, American Express,  Barclays
Bank, Republic Bank, J.P. Morgan Chase, and NeoMedia.
NEW APPLICATIONS FOR PAPERCLICK
         Jensen said SST's newest enabling  technologies "add a new dimension to
our patented  PaperClickTM,  which reads and decodes UPC/EAN and other bar codes
to  provide  an  immediate   and  accurate   link  to  the  Internet  and  other
computer-based information.
         "With  SST's  patents,  NeoMedia  can  now  offer  the  technology  and
expertise  for  security-sensitive  applications  and  authentication,  such  as
detection of routinely  counterfeited  and altered drug  packaging,  car titles,
drivers'  licenses,  birth  certificates,  bank checks and other  documents," he
said. "The IP from SST includes a suite of patents  covering methods and systems
for  creating and  processing  self-authenticating  documents  that contain both
visible and invisible encrypted  machine-readable data which can be captured and
decoded with PaperClick-enabled camera phones and other scanners."
         "SST's newest technologies also add an exciting dimension to PaperClick
for  Cell/Mobile  PhonesTM,"  he  said.  "New  or  improved   security-sensitive
applications  and   authentication   will  be  possible  as  normally  invisible



information is captured with phone cameras and other  scanners  using  different
light sources."

ABOUT NEOMEDIA TECHNOLOGIES, INC.
NeoMedia Technologies,  Inc.  (www.neom.com),  is an innovator and international
leader in print-to-Internet and other technologies which make information faster
and easier to access,  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  and  PaperClick  For  Cell/Mobile  Phones are trademarks of NeoMedia
Technologies, Inc.

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