Chicago, United States:
The Intellectual Property Exchange International Inc. (IPXI), the
world’s first financial exchange that facilitates non-exclusive
licensing and trading of intellectual property (IP) rights with
market-based pricing and standardized terms, announced today that its
membership has grown to 27 organizations. Among the 21 new members that
have joined since December 2011 are leading innovative companies with
significant IP assets representing a variety of technology markets,
university research institutions ranking in the top 20 in the world, and
top U.S. national laboratories. Eight of the new members join IPXI as
Founding Members include Ford Global Technologies, LLC, a
wholly-owned subsidiary of the Ford Motor Company and Sony Corporation
of America, the U.S. subsidiary of Sony Corporation. They join Philips
Electronics, Com-Pac International and MetaPower, Inc.
Founding Members include the University of Notre Dame and the
Regents of the University of California, and the University of Chicago
joins IPXI as a new University Member. They join Northwestern
University, Rutgers University and the University of Utah.
Three Department of Energy national laboratories - Lawrence Livermore
National Laboratory, Brookhaven National Laboratory and the Pacific
Northwest National Laboratory - each join IPXI as Laboratory
In addition, 12 companies, including several leading IP law firms, have
joined IPXI as Associate
Members. “The community of associate member companies will play a
critical role in the IPXI quality vetting process, which includes
internal and external diligence to help ensure that high-value patents
are brought to market,” explained Gerard J. Pannekoek, President and CEO
The mission of IPXI is now being further pursued, as a growing number of
corporate, university, and laboratory IP-owners are working
collaboratively to create a central platform, and Rulebook for efficient
and transparent licensing and technology transfer.
“It is important that IPXI is built on consensus,” Pannekoek commented.
“The inefficiencies in traditional bi-lateral licensing are not
exclusive to any one industry or type of IP owner. These companies are
coming together for the first time to develop a new paradigm and
Rulebook that we believe will have a tremendous positive impact on our
world. Rather than resorting to costly litigation, companies,
laboratories and universities can use the Exchange to harness the power
of an idea, monetize it fairly and spur greater innovation. We are
thrilled to have such a dynamic team of innovators supporting this
ground breaking initiative.”
Pannekoek said: “The Exchange creates a new approach to technology
licensing that overcomes the inefficiency of traditional bilateral
technology license negotiations. For the first time, companies and other
entities will be able to buy and sell units of technology usage,
providing improved economics, enhanced access to technology, and greater
flexibility should technology needs change.”
To request a copy of the IPXI Market Rulebook or for additional
information regarding Founding Member, Member or Associate Member
eligibility, visit ipxi.com.
IPXI is the world’s first financial exchange focused on Intellectual
The mission of IPXI is to meet the price discovery,
transaction and data distribution needs of intellectual property owners,
investors and traders, as well as other market participants by creating
the central marketplace for tradable IP assets.
IPXI is funded by a group of U.S. and European investors, including
CBOE Holdings, Inc. (Nasdaq: CBOE), parent of the Chicago Board Options
Exchange (CB0E), Royal Philips Electronics (Philips), and Ocean Tomo,
LLC, the Intellectual Capital Merchant Banc™ firm.
Intellectual Property Exchange International Inc.
Kristi Stathis, 773-294-4360