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Message: Re: Actually, I am neither optimistic nor pessimistic. Legal

Oct 31, 2006 07:26AM
"Granted if an IP firm takes EDIG on a contingency basis that could really be a shot in the arm but there's no hint of that yet, is there?" Certainly there has been a hint of that occuring. "Blakeley concluded by providing an update on the company’s efforts to monetize its flash memory-based patent portfolio. “Over the last month, we have had productive IP consultations with several well-respected intellectual property law firms. We believe there is significant interest in prosecuting our patent portfolio on a contingency basis. With the assistance of IP veteran, Pat Nunally, management and outside law firms have been conducting patent due diligence while evaluating the licensing potential to companies in the cell phone, PDA/Pocket PC, portable A/V recorder, digital camera, camcorder, and other portable device industries. Based on results to date, we are encouraged about the prospects of beginning the licensing process to monetize our important patent portfolio this calendar year.”
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