14 Jan 2010

In this new relationship, UTEK will provide in-licensing, out-licensing and analytics services to Patents.com’s 50,000 plus registered users. The partnership will bring increased traffic to UTEK’s online platforms and increased visibility for clients listing patents on those sites; ultimately driving more value realisation from their IP assets.

“We’re excited to be able to offer enhanced services and unique content to our communities. Our partnership with UTEK will make it easier for those who are seeking in and out-licensing opportunities to view the breadth and depth of what may be available to them,” stated Paul Ratcliffe, chief executive officer of Patents.com.

“We are pleased to have this relationship commence with the recent introduction of our new online pricing model. Through this partnership we will syndicate licensing data from our online platforms direct to the growing Patents.com community, and millions of new visitors will now be exposed to our unique content. We believe this increased, well-targeted traffic will drive market efficiencies and help our clients realise more value from their IP portfolios,” commented Doug Schaedler, chief executive officer of UTEK Corporation. He continued, “through the partnership, UTEK will assume an Advisory role on the Patents.”