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Adapt IP Ventures and WiLAN Partner to Monetize Patent Portfolio

07/29/2014 | 02:55pm US/Eastern

RALEIGH, N.C., July 29, 2014 (GLOBE NEWSWIRE) -- Adapt IP Ventures LLC announces new patent brokerage partnership with Wi-LAN Inc. ("WiLAN") (TSX:WIN) (Nasdaq:WILN) focused on monetizing a valuable communications and networking patent portfolio. The patent portfolio will offer the acquirer an opportunity to further develop this significant asset to complement a buyer-specific technology roadmap.

"We are excited about our partnership with WiLAN and we believe this substantial patent portfolio will be of considerable interest to technology companies focused improving network access and multimedia delivery across a wide range of wireless technologies," stated Grant Moss of Adapt IP Ventures.

"With a high success rate in closing sale transactions and significant experience marketing a variety of portfolios, including telecommunications and video distribution technologies, to both product and non-product companies, Adapt IP is a strong partner for WiLAN," said Jim Skippen, President & CEO, WiLAN. "We look forward to working with Adapt IP on the sale of this portfolio and potentially additional assets in the future."

Summary of Assets for Sale:

  • 150+ patent assets including international patent filings
  • 26 patent families
  • Numerous patent families are currently under development and being prosecuted
  • Forward citations from companies including: Marvel, Nokia, Huawei, Microsoft, Google, Ericsson, Rockstar Bidco and Vishay

Technologies Applicable to:

  • Wireless spectrum management / sensing
  • Wireless distribution of data and/or video
  • Long Term Evolution (LTE), WiMAX, E911, OFDM, whitespace management and Femtocells
  • Television / video distribution including location-based management and delivery
  • Quality of Service (QoS)
  • GPS-based network synchronization
  • Data distribution in home networks and home gateways

Please contact Grant Moss of Adapt IP Ventures if you have interest in receiving additional information regarding these offerings – grant@adaptipventures.com.

About Adapt IP Ventures, LLC

Adapt IP Ventures is a patent brokerage firm that provides advisory services to assist innovative firms in selling and extracting value from their patents. Knowing that each transaction can be unique, Adapt IP Ventures focuses on creating and executing custom strategies for each engagement to successfully evaluate, build, sell, and license patents and other intellectual property assets. www.adaptipventures.com

About WiLAN

WiLAN, founded in 1992, is a leading technology innovation and licensing company. WiLAN has licensed its intellectual property to over 285 companies worldwide. Inventions in our portfolio have been licensed by companies that manufacture or sell a wide range of communication and consumer electronics products including 3G and 4G handsets, Wi-Fi-enabled laptops, Wi-Fi and broadband routers, xDSL infrastructure equipment, cellular base stations and digital TV receivers. For more information: www.wilan.com.

CONTACT: Companies interested in obtaining more
         information, or Press/Media Contact:
         Grant Moss
         Phone: 770-883-2933
         Email: grant@adaptipventures.com

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© GlobeNewswire 2014
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