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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