CorporateIntelligence.com Launches a Full-Service Licensing and Consulting Division; New Division to Focus on $100 Billion Plus Patent Licensing Market.Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 21, 2001 CorporateIntelligence.com (a unit of Information Holdings Inc., NYSE NYSE See: New York Stock Exchange :IHI IHI Institute for Healthcare Improvement (Boston, MA, USA) IHI Ishikawajima-Harima Heavy Industries (Japan, ship building, aerospace & others) IHI Institute of History IHI I'd Hit It ) announced today the launch of a full-service licensing and consulting division called Licensing Products and Services (LPS LPS - Sets with restricted universal quantifiers. ["Logic Programming with Sets", G. Kuper, J Computer Sys Sci 41:44-64 (1990)]. ) based on strong market feedback from corporate, academic and individual patent owners. "While opportunities to profit from the licensing or sale of patents -- both core and non-core -- are tremendous, most corporations do not proactively pursue licensing opportunities due to competing priorities," commented Dooyong Lee, who has over 16 years of licensing and high-tech management experience and will head up the new division as Executive Vice President and General Manager. "What's more, individual patent owners have no leverage against unwilling licensees as they lack credibility. We are excited about offering these new products and services to help corporate, academic and individual patent owners worldwide extract greater value from licensing." Addressing the needs of the patent licensing market, which is estimated to be over $100 billion, LPS will offer a wide range of online and offline solutions, including: -- Portfolio Mining: Consulting service to identify and qualify patent licensing/enforcement opportunities for offensive and defensive purposes. -- Portfolio Mapping: Consulting service to assess patent portfolio strengths and weaknesses based on statistical data for such applications as licensing market prioritization, R&D productivity, inventor teamwork, prosecution effectiveness and portfolio quality assessment. -- Contingency Licensing: Transactional service to license third-party patents for success-based commissions. -- General IP Consulting: Strategy and management consulting service to establish licensing organizations as a profit center, including infrastructure development, process management, staff training, licensing strategy and benchmarking. -- PATENT TRIAGE(TM) (www.patenttriage.com): Unique, soon-to-be available online exchange (protected by a pending patent application) for selling patents that are otherwise ready to be abandoned. Visit www.corporateintelligence.com/lps for more information about these products and services, which will be available worldwide with particular emphasis on 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. , Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). and Asia. LPS will also manage the PATEXTM exchange (www.patex.com), a leading technology commercialization site with over 15,000 patents and technologies available for license. CorporateIntelligence.com is the intellectual property division of Information Holdings Inc. (NYSE:IHI). Information Holdings Inc. is a leading provider of information products and services to scientific, technical, medical, intellectual property and IT learning markets. Through its CorporateIntelligence.com unit, which includes MicroPatent(R) and Master Data Center(TM), the Company provides a broad array of databases, information products and complementary services for intellectual property professionals. The Company is recognized as a leading provider of intellectual property information over the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the . The Company's CRC (Cyclical Redundancy Checking) An error checking technique used to ensure the accuracy of transmitting digital data. The transmitted messages are divided into predetermined lengths which, used as dividends, are divided by a fixed divisor. Press(R) business publishes professional and academic books, journals, newsletters and electronic databases covering areas such as life sciences, environmental sciences, engineering, mathematics, physical sciences and business. The Company's Transcender(R) unit is a leading online provider of IT certification test-preparation products. Its products include exam simulations for certifications from major hardware and software providers. Information Holdings Inc. is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and trades under the symbol:IHI. This press release includes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. made pursuant to 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 of 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. Although the Company believes the expectations contained in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission filings. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion