EXHIBIT 21

Subsidiaries of NeoMedia Technologies, Inc.

	State or
	Country of
Subsidiary Name	Incorp.	Status
NeoMedia Europe GmbH	Germany	Active
NeoMedia Migration, Inc.	Delaware	Inactive
NeoMedia Micro Paint Repair, Inc.	Nevada	Inactive
NeoMedia Technologies de Mexico, S. A. de C. V.	Mexico	Inactive
NeoMedia Migration de Mexico, S. A. de C. V.	Mexico	Inactive
NeoMedia Technologies de Guatemala, S. A.	Guatemala	Inactive
"NeoMedia" EDV – GmbH	Austria	Inactive
NeoMedia Technologies UK Limited	UK	Inactive
NeoMedia Technologies Holding Company, B.V.	Netherlands	Inactive
NeoMedia Technologies of Canada, Inc.	Canada	Inactive
NeoMedia Technologies do Brasil Ltda	Brazil	Inactive
NeoMedia Tech, Inc.	Delaware	Inactive