IP Navigation Group, LLC
09.04.2012 21:07
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The Announced $1.1B Purchase by Microsoft of Approximately 800 AOL Patents
Confirms IPNav Valuation
DALLAS, 2012-04-09 21:07 CEST (GLOBE NEWSWIRE) --
IP Navigation Group, the leading full service patent monetization firm, saw its
valuation of the AOL patent portfolio adopted by the market when Microsoft
announced plans to acquire a portfolio of 800 patents from AOL for $1.1B.
IPNav had previously identified and evaluated the portfolio of 800 patents
being purchased by Microsoft at the request of a significant AOL shareholder.
As part of its review IPNav analyzed the AOL portfolio of 800 patents using its
internally developed IPNav Analyzer automated patent analysis software in
conjunction with IPNav's proprietary patent evaluation techniques. As a result
of its analysis IPNav valued the AOL patent portfolio at approximately $1B. The
IPNav assessment of the value of these patents stands in stark contrast to
other patent advisory firms, which failed to attach an appropriate value to the
AOL portfolio. For example, patent advisory firm M-Cam estimated the value of
the AOL patent portfolio at 'roughly $290 million,' well below the ultimate
market price.
IPNav's Chief Executive Officer, David Pridham, stated: 'We are very pleased
that the AOL sale to Microsoft has again validated IPNav's proprietary
analytical approach and methods both in terms of identifying and valuing
intellectual property. While it is unfortunate that AOL did not move sooner to
monetize its portfolio as IPNav had urged them to, which would have resulted in
greater value to AOL's shareholders, IPNav believes that its evaluation
capabilities have enabled it to accurately predict the value of this AOL
portfolio and it is this ability that has made IPNav the global leader in full
service patent monetization.'
About IP Navigation Group:
IPNav specializes in patent monetization. Additional information regarding
IPNav is available at www.ipnav.com. You can contact IPNav at info@ipnav.com,
by telephone at (214) 438-0800 or through their website.
The IP Navigation Group logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=12141
News Source: NASDAQ OMX
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Language: English
Company: IP Navigation Group, LLC
United States
Phone:
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ISIN: US9901818776
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End of Announcement DGAP News-Service
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DGAP-News: IPNav Valuation Adopted in AOL Patent Sale to Microsoft
| Source: EQS Group AG