EX-99.1 2 v179937_ex99-1.htm
 
EXHIBIT 99.1
Special Shareholders Meeting

Slide 1

Agenda

 
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Finance Report
 
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Progress Since last SH Call
 
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Market Overview and Positioning
 
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Strategy Going Forward
 
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Q&A

Slide 2

 
Special Shareholders Meeting: Finance Report

Slide 3
 
2009 Operating Results

   
Year Ended December 31,
  
   
2009
    
2008
  
   
(in thousands)
  
             
Revenues
   $ 1,662     $ 1,046  
Cost of revenues
     1,557       1,257  
Gross profit (deficit)
     105       (211 )
                 
Sales and marketing expenses
     809       2,177  
General and administrative expenses
     3,942       5,406  
Research and development costs
     1,381       1,997  
Impairment of investment
     261       271  
Operating loss
     (6,288 )     (10,061 )
                 
Gain on extinguishment of debt
     -       2,405  
Gain (loss) from change in fair value of hybrid financial instruments and derivitive liabilities
     (57,951 )     1,223  
Interest expense related to convertible debt
     (3,139 )     (1,262 )
                 
Loss from continuing operations
   $ (67,378 )   $ (7,695 )
                 
Loss per share from continuing operations, basic and diluted
   $ (0.03 )   $ (0.01 )
  
Slide 4
 
 
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2009 Liquidity and Cash Flow

   
Year Ended December 31,
  
   
2009
    
2008
  
   
(in thousands)
  
             
Cash and cash equivalents
   $ 198     $ 1,259  
                 
Net cash used in operating activities
   $ (4,202 )   $ (6,678 )
Net cash used in investing activities
     (100 )     631  
Net cash provided by financing activities
     3,226       5,786  
Effect of exchange rate changes on cash
     15       105  
Net (decrease) increase in cash
   $ (1,061 )   $ (156 )

Slide 5

Special Shareholders Meeting: Operations Update

Slide 6

Last SH Call – What we said we would do

 
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Implementing code-based programs utilizing NeoSphere and hardware scanning products to generate click volume and revenue;
 
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Directly licensing our IP to help create scalable revenue by expanding the code creation base quicker than we can ourselves;
 
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And working with strategic partners to supplement out own sales resources to again scale the ecosystem quicker than we can ourselves.

Slide 7

Achievements Since Last SH Call

 
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Campaigns
 
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Over 200 campaigns run in 2009
 
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Nokia, VW, Mazda
 
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Over 400 units of Exio II sold
 
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Scanbuy
 
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License with minimum royalties
 
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Neustar: Mobile Operators & Marketing Agencies
 
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BEMS: Telefonica and Latin America;
 
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License with minimum royalties
 
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Potential for other geographies
 
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Sony Ericsson: Pre-Loads & Promotions
 
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First handset shipped
 
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Top 5 downloads
 
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Renu Mobile
 
Slide 8
   
 
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The Market

 
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Mobile barcode technology has been validated and is gaining momentum in the marketplace
 
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Announcements soar and adoption rates grow
 
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Ecosystems evolving
 
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Neustar/GSMA, GS1, Google, Pepsi, Facebook, CBS
 
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Indirect method validated and adopted by all main standards bodies
 
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Education remains key

Slide 9

NeoMedia Market Positioning

Handsets (NeoReader)
Mobile Marketing Platforms (NeoSphere)
Clearinghouses & Registries (NeoSphere)
Mobile Operators
Apps & Service Providers

Slide 10

Strategy Going Forward

 
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Work with Mobile and digital agencies, Handset manufacturers and carriers to drive technology adoption
 
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 License our IP or technology platforms where appropriate
 
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 Work with partners to drive the ecosystem and deliver real scale where we would be unable to do so ourselves
 
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Further highlighting and activating mobile search capabilities
 
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Generating more visibility and credibility for the brand through thought leadership programs, including a media and analyst tour in Europe and US in April

Slide 11

Thank You!

Slide 12

 
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