Quest Patent Research Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2019

Quest Patent Research Corporation is an intellectual property asset management company. The Company's principal operations include the acquisition, licensing, and enforcement of intellectual property rights that are either owned or controlled by the Company or one of its wholly owned subsidiaries. The Company owns, controls, or manages 22 intellectual property portfolios, which principally consist of patent rights. Its intellectual property portfolio includes fees from the licensing of its intellectual property, primarily from litigation relating to the enforcement of its intellectual property rights. The Company develops its business by acquiring intellectual property rights, either in the form of ownership or an exclusive license to the underlying intellectual property. The Company's intellectual property portfolio includes Mobile Data, Flexible Packaging -Turtle Pak, Universal Financial Data System, and Rich Media.