Ampex Corporation Engages Commercial Strategy, LLC to Pursue Licensing Efforts.REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif. -- Ampex Corporation (Nasdaq:AMPX) today announced that it has entered into an agreement with Commercial Strategy, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control to assist Ampex in pursuing a new licensing strategy, wherein possible strategic partnerships and other business relationships may be identified and developed. The Company believes Commercial Strategy is well positioned to identify actionable licensing opportunities and has the background, intellectual property monetization experience and long-standing major corporate client relationships to assist Ampex in achieving significant economic and strategic goals. A previous agreement with M*CAM, Inc. will expire in January 2008 in accordance with its terms. Commercial Strategy, LLC, www.commercialstrategy.com, is a management and intellectual property consulting firm with deeply experienced principals and staff who have advised business leaders in Fortune 500 companies in more than 40 successful intellectual property engagements which have produced significant monetary and strategic value for their clients. Ampex Corporation, www.ampex.com, headquartered in Redwood City, California Redwood City is a suburb located on the San Francisco Peninsula in the San Francisco Bay Area of California. Redwood City is the county seat of San Mateo County. As of the 2005 census, the city had a total population of 76,000. , is a leading innovator and licensor of technologies for the visual information age, as well as a manufacturer of high-performance data storage products principally used in defense applications. This release may contain information about the Company's future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions under The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results may differ materially from historical results or those indicated by such forward-looking statements as a result of a variety of factors including, but not limited to, the risks that any of the Company's licensing strategies may not be successful, that its royalties may decline in future periods, and the other risks and uncertainties disclosed in its Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and its Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. , as well as other documents periodically filed with the Securities and Exchange Commission. |
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