NeoMedia Technologies Inc. announced that it has worked with YA Global Investments, LP to extend the maturity date on its loans. NeoMedia's business has been growing and the restructure will allow NeoMedia to continue to build its business in a sustainable fashion. The restructured agreement will extend the maturity date of the existing loans by 12 months until August 1, 2014, an extension from the original maturity date of August 1, 2013.

The agreement also cancels 1.4 billion of the 1.9 billion warrants assigned to YA and resets the exercise price on the remaining warrants.