- Creates
shareholder value through investment and management interests in
intellectual property assets, such as patents, trademarks, copyrights,
novel inventions and trade secrets
- Provides
shareholders the opportunity to participate across a broad portfolio of
dynamic assets in the burgeoning intellectual property space
- Approach
is based on proven methods for the evaluation, development and management
of IP assets
- The
Quest team brings a wealth of experience in strategic business management,
intellectual property, finance and marketing
Quest Patent Research Corp. (OTCQB: QPRC) is a New
York City-based intellectual property (IP) asset management firm operating
through majority-owned and controlled operating subsidiaries to deliver
financial, strategic and legal resources for IP monetization. Quest currently
owns, controls or manages over 115 patents across 11 intellectual property
portfolios (http://ibn.fm/HRvod).
The company generates revenues from patent licensing fees of its IP property
portfolios and from licensed packaging sales.
Quest creates shareholder value through investment and
management interests in intellectual property assets, such as patents,
trademarks, copyrights, novel inventions and trade secrets. Through its
business, shareholders have the opportunity to participate across a broad
portfolio of dynamic assets in the burgeoning intellectual property space.
Objectives
Invention, protection and commercialization of IP require a
deep understanding of dynamic technologies, market fundamentals, competitive
landscapes and engagement strategies. Often, IP asset owners/stakeholders lack
the requisite resources, experience and/or capacity to access the latent value
of their IP assets and opportunities. Quest seeks to bridge this gap,
partnering with asset owners – such as inventors, businesses, corporations and
law firms – to help them fully realize the value of IP assets through:
- IP
Valuation
- Structured
Licensing Programs
- Patent
Prosecution
- Partial
or Full Liquidity
- Portfolio
Evaluation
- Portfolio
Maintenance
- Legal
Advisory
- Attorney/Investor
Referral
- Patent
Acquisition/Liquidation
At Quest, each partnership is treated as its own entity,
with its own focused management comprised of Quest employees and seasoned
industry associates. Many of technologies are placed in a wholly owned
subsidiary of Quest, benefitting from the broader expertise of the company’s
leadership.
Management
Quest’s management team delivers a wealth of experience in
strategic business management, intellectual property, finance and marketing.
The company’s internal resources, in tandem with its external network of
financial, legal and managerial professionals, can develop creative solutions
to the myriad of challenges involved in monetizing IP. Quest’s structured
diligence and deployment procedures mitigate risks, maximize returns and
deliver value to IP owners and shareholders alike.
Quest CEO and President Jon Scahill was the founder and
managing director of the Urban-Rigney Group, LLC, a private consultancy
specializing in new business/new venture development, operations optimization,
and strategic analysis. Prior to launching his consultancy business, Mr. Scahill
held numerous positions in sales and marketing, technical management, and
product development in the consumer products/flexible packaging arena. Mr.
Scahill holds a B.S. in chemical engineering from the University of Rochester,
an MBA from Rochester’s Simon Graduate School of Business, and a JD from Pace
University Law School. He is a registered patent attorney admitted to practice
in New York, Florida, the District of Columbia and before the United States
Patent and Trademark Office.
Quest Chief Technology Officer Timothy Scahill recently
completed a merger and buyout of Managed Services Team LLC, an IT Managed
Services provider. Prior to Managed Services Team, he was president of Layer 8
Group Inc., which merged with Structured Technologies Inc. to form Managed
Services Team LLC. In his roles he was responsible for business strategy,
acquisition, execution, as well as financial management. Mr. Scahill’s
entrepreneurial acumen and proven record of successful management with sole
discretionary responsibility, demonstrate the scope of his capability and his
value to delivering results. He successfully completed his term on the boards
of the Upstate New York Technology Council and Pariemus Rochester. Mr. Scahill
completed a six-year term as secretary, executive council and a seat on the
board of directors for Habitat for Humanity. He has served as president of the
Western New York chapter of The Entrepreneurs Organization and continues to
serve on the board as accelerator chair. Mr. Scahill is currently performing
Cyber Intelligence, Security and Information Assurance work for an undisclosed
organization.
Peter LaFauci is president of CFO Solutions, a Rochester,
NY-based consulting firm offering knowledge-based financial and accounting
solutions for emerging to medium-size companies. Mr. LaFauci is a seasoned
executive with over 25 years of proven success in developing, leading and
executing strategy in both publicly and privately held companies within the
advertising, software development, internet, manufacturing and emerging
technologies sectors. Peter possesses strong research and analytical skills as
well as interpreting, summarizing and communicating financial and business
information to others. Mr. LaFauci is a graduate of Saint Bonaventure
University.
For more information, visit the company’s website at www.QPRC.com
NOTE TO INVESTORS: The latest news and updates
relating to QPRC are available in the company’s newsroom at http://ibn.fm/QPRC
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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