Anaqua Achieves Record Growth in 2007.Intellectual asset management software industry leader saw business grow by more than 100% BOSTON -- Anaqua, a leading provider of intellectual asset management (IAM IAM - Interactive Algebraic Manipulation. Interactive symbolic mathematics for PDP-10. ["IAM, A System for Interactive Algebraic Manipulation", C. Christensen et al, Proc Second Symp Symb Alg Manip, ACM Mar 1971]. ) software and services to global companies, announced record results for the 2007 calendar year. Total business booked grew by more than 100%, while the number of new clients doubled as a growing number of leading brand and technology companies selected the ANAQUA IAM system in 2007, including NXP Semiconductors NXP (for Next eXPerience) Semiconductors is the name for the new semiconductor company founded by Philips as announced by its CEO Frans van Houten to its customers and employees in Berlin on Thursday night 2006-08-31 and to the global media early on Friday morning , Diageo and Eastman Chemical. "In today's IP-driven economy, companies face new challenges to grow and protect value. Anaqua is building a collaborative community of IP leaders to develop innovative solutions for these challenges," said Paul DiGiammarino, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Anaqua. "We're addressing issues like the impact of changing PTO PTO abbr. 1. Parent Teacher Organization 2. or p.t.o. please turn over 3. power takeoff PTO or pto please turn over Noun 1. regulations, growing litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. threats, IP for standards organizations A standards organization, also sometimes referred to as a standards body, a standards development organization or SDO (depending on what is being referenced), is any entity whose primary activities are developing, coordinating, promulgating, revising, amending, , Open Innovation models and the pressure of ever-tightening budgets. It's a new model for the IP software industry and I'm delighted by the positive response we're getting." In 2007, the company continued the strong flow of IAM innovation driven by Anaqua's unique client-driven development model. Three new versions of ANAQUA were released during the year with major enhancements. Highlights included: * A new trademark search and clearance module to automate To turn a set of manual steps into an operation that goes by itself. See automation. global clearance projects using ANAQUA's unique outside counsel collaboration capabilities * Enhanced invention review processes with automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. routing to reviewers and expanded options for re-evaluating business value throughout the life of an asset * Full text search of IP records and all documents and emails stored in the ANAQUA document repository * A new Budgeting module with automatic approval of matching invoices captured in ANAQUA's electronic invoicing module New service offerings were also made available in 2007. Anaqua introduced a managed application hosting service to allow clients to outsource the management and day-to-day operations of their ANAQUA system. A new premium support service was offered to allow clients to reduce or eliminate the need for application support resources within their IT organization. Over the course of the year, the company doubled the size of its technical staff in development, client services and support to meet the continued growth anticipated in 2008 in both Europe and North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . About Anaqua Anaqua's software helps leading companies grow and protect company value with an advanced, flexible IAM solution used by more than 20,000 users in 100+ countries to manage more than $500 billion in intellectual assets. Companies have saved tens of millions of dollars in annual IAM costs with Anaqua, while increasing licensing revenue, return on R&D and improving alignment of IA with business goals. The ANAQUA IAM solution supports the full IA lifecycle from idea to monetization Monetization The securitization of the gross revenues of a contract. for all IA categories, including inventions, patents, trade secrets, brands and trademarks. Clients include BAT, Ford, Kimberly-Clark, Microsoft, NXP Semiconductors, Diageo, Eastman Chemical and The Coca-Cola Company. Anaqua is headquartered in Boston, MA, and has a European head office in London. For additional information please visit http://www.anaqua.com. Anaqua is a registered trademark of Anaqua, Inc. All other trademarks are recognized as proprietary to their owners. |
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