RPX Chosen to Form Broad-Based Licensing Syndicate as Alternative to Traditional Licensing
Paris - February 10, 2012 - Alcatel-Lucent today announced
that it will offer access to its worldwide portfolio (which
includes approximately 29,000 issued patents) through a
licensing syndicate to be formed by RPX Corporation (NASDAQ:
RPXC).
Alcatel-Lucent's worldwide patent portfolio is relevant to a
broad range of technologies, including fixed line and
wireless communications, semiconductors, consumer
electronics, multimedia, optical, software, cloud computing,
applications and network security.
"We have chosen to undertake an innovative approach to
realizing the value of our world-class patent portfolio, and
while retaining ownership of our patents, we seek to expand
access to them for a diverse set of industries. For a
breakthrough arrangement of this scale, we have decided to
work with RPX, a known and respected expert in the patent
market," said Alcatel-Lucent CEO Ben Verwaayen. "We
believe that RPX's model encourages an environment where
owners and users of intellectual property have the benefit of
transparency and fair pricing. We expect to generate
substantial proceeds from this arrangement."
Participation in this innovative licensing approach will be
open to a wide range of prospective licensees. Fees to
obtain perpetual, non-exclusive licenses under the program -
which will include licenses to both issued Alcatel-Lucent
patents and pending applications - will vary depending on
company size, portfolio applicability, technology areas and
other relevant factors.
RPX is the leading provider of patent risk management
solutions, offering defensive buying, acquisition
syndication, patent intelligence and advisory services.
"Our mission is to help our client network of more than 100
companies control and manage patent-related risk, whether
through defensive patent acquisitions, direct licensing
transactions among operating companies, syndicated
transactions, cross-licensing agreements or other risk-
mitigation solutions," said John Amster, CEO of RPX.
"This program offers clients the option to eliminate risk
related to Alcatel-Lucent's worldwide patent portfolio."
About RPX Corporation
RPX Corporation (NASDAQ: RPXC) is a leading
provider of patent risk solutions, offering defensive buying,
acquisition syndication, patent intelligence and advisory
services. Since its founding in 2008, RPX has introduced
efficiency to the patent market by providing a rational
alternative to litigation. The San Francisco-based
company's pioneering approach combines principal capital,
deep patent expertise, and client contributions to generate
enhanced patent buying power. By acquiring patents, RPX
helps to mitigate and manage patent risk for its growing
client network.
SafeHarborStatement
This press release and its attachments contain
forward-looking statements within the meaning of the
Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements
include the quotations from management in this press release,
as well as any statements regarding the Company's strategic
and operational plans. The Company's actual results may
differ materially from those anticipated in these
forward-looking statements. Factors that may contribute
to such differences include, among others, the Company's
ability to assemble a defensive licensing syndicate to
purchase licenses to the patent portfolio, the impact of the
current economic climate on the Company's business, the
Company's ability to effectively manage its growth, and the
Company's ability to attract new clients and retain existing
clients. Forward-looking statements are often
identified by the use of words such as, but not limited to,
"anticipate," "believe," "can," "continue," "could,"
"estimate," "expect," "intend," "may," "will," "plan,"
"project," "seek," "should," "target," "will," "would," and
similar expressions or variations intended to identify
forward-looking statements. More information about
potential factors that could affect the Company's business
and financial results is contained in its Prospectus related
to its secondary offering filed pursuant to
Rule 424(b) under the Securities Act with the
Securities and Exchange Commission on September 16,
2011. The Company does not intend, and undertakes no
duty, to update any forward-looking statemts to reflect
future events or circumstances.
# # #
Contacts:
Greg Spector
RPX Corporation
+1 415 717 4666
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