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Sharp Technology Ventures retains Intellectual Capital to leverage its patent portfolioIntellectual Capital to monetize Sharp's patent portfolioPORTLAND, ORE., Nov. 8, 2005 – Intellectual Capital has entered into an agreement with Sharp Technology Ventures to monetize Sharp's patent portfolio. Intellectual Capital will provide services that include "best use" patent analysis, Intellectual Property licensing and sales, and new company formation services to successfully maximize the value of Sharp's IP. As part of its engagement with Sharp Technology Ventures, Intellectual Capital is reviewing and evaluating Sharp Technology Ventures' patent portfolio to determine the use that will create the most value for Sharp. Following that, Intellectual Capital will implement the best use for the patents which include licensing and sales of the intellectual property. In certain cases, Intellectual Capital will form, capitalize, spin off, staff and actively manage new business entities based on Sharp Technology Ventures' IP. "We're extremely pleased to be working with Sharp Technology Ventures. They represent one of the leading R&D facilities in the U.S. with a history of successful innovation," says Michael Lubitz, chairman and CEO of Intellectual Capital. "Our preliminary analysis has already uncovered several outstanding innovations in the areas of semiconductor technology and life sciences." Sharp Technology Ventures focuses on creating new business development opportunities for Sharp Laboratories of America, one of three global R&D laboratories for Sharp Corporation. Sharp Laboratories of America's researchers and scientists hold several hundred patents, and add close to 200 patents each year. While most of what is developed at Sharp Laboratories of America is applied to product development by Sharp Corporation, many innovations fall outside Sharp Corp.'s core product goals. Working with Intellectual Capital, Sharp Technology Ventures aims to monetize its R&D efforts. "Sharp Corporation has long had a rich reputation for developing one-of-a-kind technologies," says Jon Clemens, head of Sharp Technology Ventures. "Intellectual Capital's expertise in successfully managing IP enables us to further leverage our patent portfolio to allow more of Sharp's innovations to come to market, and to maximize the value of our IP." Sharp Technology Ventures' patent portfolio includes technologies for digital audio/visual systems, multimedia communications, digital imaging, information systems, integrated circuit and LCD processes. With offices in North America, Europe and Asia, Intellectual Capital has helped other Global 100 corporations to develop key patent strategies, build significant patent portfolios, and successfully monetize their patent assets. In addition, Intellectual Capital has successfully nurtured early-stage corporate relationships that have led to new venture formation and early-stage business development. In the last eight years Intellectual Capital has successfully launched companies in the Information Communication Technology (ICT) and Life Science sectors, and transferred significant technology portfolios in the semiconductor process, telecommunications and networking areas. "Sharp Technology Ventures' patents combined with Intellectual Capital's ability to identify high-value assets and our ability to convert that knowledge into revenue will lead to a successful long-term partnership," Lubitz says. About Sharp Technology VenturesFounded in 2003, Sharp Technology Ventures' roots are tightly integrated with renowned technology innovator, Sharp Corporation and its U.S.-based research and development facility, Sharp Laboratories of America. Sharp created Sharp Technology Ventures to focus on business development of intellectual property developed at Sharp Laboratories of America or with other Sharp entities. www.sharptechnologyventures.com About Intellectual CapitalIntellectual Capital is an intellectual property-centric, new business management holding company. Its mission is to build new companies through a variety of entrepreneurial strategies that capitalize on its core competencies in intellectual property development and early stage venture management. The company's corporate headquarters are in Portland, Oregon. www.intellectcap.com Media contact: Organization contact: |
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