According to the United States
Department of Commerce, the entire U.S. economy relies on some form of
intellectual property (IP), because nearly every industry either produces or
uses it. In 2010, IP-intensive industries, such as the technology industry,
accounted for nearly 35 percent of the country’s gross domestic product, and
the importance of IP continues to grow with each passing year. Inventergy
Global, Inc. (NASDAQ: INVT), through the extensive knowledge and experience of
its management team, is working to usher in a new world in IP value creation.
Highly regarded for his IP
accomplishments at tech giant Hewlett-Packard, Joe Beyers, Chairman and Chief
Executive Officer of Inventergy, formed the company to assist corporations in
getting greater value from inventions and ideas. Using a win-win monetization
approach, the company is able to provide clients with unmatched flexibility in
their licensing efforts, leading to shared revenue with a managed level of
risk. Through this method, the company is committed to becoming the leading
industry standard in technology IP licensing in the years to come.
In an effort to accelerate its licensing
operations, Inventergy recently announced agreements with several institutional
and accredited investors involving the purchase of $2.15 million of common
stock, which the company intends to use for working capital purposes in support
of its licensing strategies.
“We are extremely pleased by this round
of funding that provides us additional resources to pursue the various deals in
our current pipeline,” stated Beyers. “This strengthens our ability to move
those discussions along.”
With patent litigations on the rise and
multi-billion dollar deals making headlines around the world, corporate
executives are under intense pressure to properly manage and create value from
IP assets. According to a report from Ocean Tomo, intangible assets made up 80
percent of the total market value of the S&P 500 in 2010, highlighting the
extreme importance of adequately managing these assets. With over 100 years of
combined experience handling more than $15 billion in IP and technology
transactions throughout its leadership team, look for Inventergy to make
significant strides towards increasing its share of the global IP market in the
coming years.
For more information, visit
www.inventergy.com
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