DALLAS, Feb. 18, 2013 (GLOBE NEWSWIRE) -- IPNav, the world's leading full service patent monetization firm, announced today the launch of a website in Simplified Chinese, http://cn.ipnav.com/.
China has transformed itself into an intellectual property powerhouse over the last few years. Once famed for a lax attitude toward intellectual property protection, China now issues more invention patents per year than any other country in the world except the United States – 217,000 in 2011. And Chinese companies are aware that innovation is not a local phenomenon: Chinese companies are showing up on the list of the top 50 companies receiving patents in the United States.
"I started licensing Intellectual Property in China in 2004 and in that time there has been an exponential increase in the awareness of the obligations and benefits associated with patent rights," said IPNav President Business Development, Steven Davey. "At IPNav we are committed to assisting IP owners in China maximize the value of their rapidly growing IP assets using our world-leading monetization services."
Recognizing the importance of a global presence in the global IP marketplace, IPNav has offices in the U.S., Europe, the Middle East, and Asia. The company's China office is in Shanghai.
Established in 2003, IPNav is the world's leading full-service patent monetization firm, helping forward-thinking corporations, universities, organizations and individuals profit from innovation. IPNav's integrated, end-to-end solution turns idle IP assets into revenue streams. Using its proprietary Patent Monetization Platform, IPNav unlocks the value trapped in our clients' IP portfolios – with timetables and objectives set by the client.
For additional information, please visit IPNav's website, www.ipnav.com.
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Barry Leff IPNav +1 214 438 0800