-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 6FPPUBO4+OGHSCzMYLPS7A==

<SEC-DOCUMENT>0001144204-04-000139.txt : 20040108
<SEC-HEADER>0001144204-04-000139.hdr.sgml : 20040108
<ACCEPTANCE-DATETIME>20040108133717
ACCESSION NUMBER:		0001144204-04-000139
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031211
FILED AS OF DATE:		20040108

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEOMEDIA TECHNOLOGIES INC
		CENTRAL INDEX KEY:			0001022701
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
		IRS NUMBER:				363680347
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		2201 SECOND ST STE 600
		STREET 2:		STE 600
		CITY:			FORT MYERS
		STATE:			FL
		ZIP:			33901
		BUSINESS PHONE:		6303554404

	MAIL ADDRESS:	
		STREET 1:		2201 SECOND STREET
		STREET 2:		SUITE 600
		CITY:			FORT MYERS
		STATE:			FL
		ZIP:			33901

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DEVSYS INC
		DATE OF NAME CHANGE:	19960911

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			KEIL JAMES J
		CENTRAL INDEX KEY:			0001060527

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-21743
		FILM NUMBER:		04515063

	BUSINESS ADDRESS:	
		STREET 1:		5505 CONNECTICUT AVE NW 339
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20015
		BUSINESS PHONE:		2023644262

	MAIL ADDRESS:	
		STREET 1:		C/O NEO MEDIA TECHNOLOGIES INC
		STREET 2:		2201 SECOND STREET SUITE 600
		CITY:			FORT MYERS
		STATE:			FL
		ZIP:			33901
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v01181_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-12-11</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0001022701</issuerCik>
        <issuerName>NEOMEDIA TECHNOLOGIES INC</issuerName>
        <issuerTradingSymbol>NEOM</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001060527</rptOwnerCik>
            <rptOwnerName>KEIL JAMES J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>5505 CONNECTICUT AVE NW 339</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WASHINGTON</rptOwnerCity>
            <rptOwnerState>DC</rptOwnerState>
            <rptOwnerZipCode>20015</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>1</isDirector>
         <isOfficer>0</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
      </reportingOwnerRelationship>
   </reportingOwner>
 <nonDerivativeTable>
   <nonDerivativeTransaction>
      <securityTitle>
         <value>Common stock</value>
      </securityTitle>
      <transactionDate>
         <value>2004-01-07</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>5</transactionFormType>
         <transactionCode>P</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>1000000</value>
            <footnoteId id="F1"/>
         </transactionShares>
         <transactionPricePerShare>
           <value>0.01</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>1475000</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeTransaction>
 </nonDerivativeTable>
 <derivativeTable>
   <derivativeTransaction>
      <securityTitle>
         <value>Options to purchase common stock</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>0.01</value>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2004-01-07</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>5</transactionFormType>
         <transactionCode>M</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>1000000</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>0.01</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>D</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>2003-10-20</value>
      </exerciseDate>
      <expirationDate>
         <value>2013-10-20</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>1000000</value>
            <footnoteId id="F1"/>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>10000</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeTransaction>
 </derivativeTable>
   <footnotes>
      <footnote id="F1"> Filer exercised options issued under the Company's option plans to purchase 1,000,000 shares at $0.01 per share.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>/s/ James J. Keil</signatureName>
      <signatureDate>2004-01-07</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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