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Acacia Research Names Bret Undem as Vice President, Corporate Finance and Investor Relations; Addition to Management Continues Focus on Growth in New Technology Companies.


Business Editors

PASADENA, Calif.--(BUSINESS WIRE)--June 8, 2000

Acacia Research Corp. (Nasdaq:ACRI) today announced that it has named Bret Undem as vice president for Corporate Finance and Investor Relations Investor relations

The process by which the corporation communicates with its investors.
.

Undem was previously vice president of Canterbury Consulting, an institutional investment advisory firm.

"We are extremely pleased to have Bret join our management team," said Paul Ryan Paul Ryan may refer to:
  • Paul Ryan (ATWT), character from As The World Turns
  • Paul Ryan (comic artist) (1949–)
  • Paul Ryan (guitarist)
  • Paul Ryan (politician) (1970–)
  • Paul Ryan (singer) (1948–1992)
, president and chief executive officer for Acacia Research. "His strong relationships with the institutional community will be a great asset as he heads our company's initiative to build institutional awareness of Acacia Research and our partner companies.

"Bret will also work with Rob Stewart Rob Stewart (born July 23, 1961) is a Canadian actor and hypnotist. He was born in Toronto, Ontario, Canada and attended Forest Hill Collegiate Institute during his high school years. , our senior vice president of Corporate Finance, in raising capital for our partner companies."

Prior to Canterbury Consulting, Undem was a senior consultant at Wurts & Associates, a Los Angeles-based institutional investment-consulting firm. Undem's clients have included leading U.S.-based corporate pension plans, foundations, and high net worth families.

Undem is a member of the Investment Management Consultants Association where he is an active speaker on investment management issues. He holds a bachelor of sciences degree in finance from the University of Arizona (body, education) University of Arizona - The University was founded in 1885 as a Land Grant institution with a three-fold mission of teaching, research and public service.  and earned the designation Certified Investment Management Analyst from the Wharton School of Business.

About Acacia Research Corp.

Acacia Research develops and operates Internet and technology-related businesses as well as acquires strategic positions in other companies. Acacia Research's majority-owned subsidiaries include: Acacia Launchpad LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 (Internet incubator), CombiMatrix Corp. (biochip biochip

Small-scale device, analogous to an integrated circuit, constructed of or used to analyze organic molecules associated with living organisms. One type of theoretical biochip is a small device constructed of large organic molecules, such as proteins, and capable of
 technology), MerkWerks Corp. (software development), Soundbreak.com Inc. (music broadcast and lifestyle Internet site) and Soundview Technologies Inc. (v-chip technology).

Significant minority-owned affiliates include: The EC Company (b2b eTransactions), Greenwich Information Technologies LLC (video-and- audio-on-demand technology), Mediaconnex Communications (b2b e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. ), and Signature-mail (personalized e-mail service). Acacia Research's Web site is located at http://www.acaciaresearch.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 8, 2000
Words:290
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