Quest Patent Research Corp. (QPRC) Completes Another Successful Licensing Campaign

November 19, 2019 12:22:09
  • Wholly owned subsidiary Mariner IC Inc. completes another successful licensing campaign around its Anchor Structure Portfolio
  • Patent Licensing Revenues for the nine-months ended September 30, 2019 were approximately $2 million
  • The company remains active in monetizing its existing portfolio as well as evaluating potential acquisitions
  • QPRC trades on the OTCQB, offering investors an exciting opportunity to participate in the IP monetization space

The Anchor Structure Portfolio, acquired by company Quest Patent Research Corp. (OTCQB: QPRC) from Intellectual Ventures in October 2015 and transferred to wholly owned subsidiary, Mariner IC Inc., consists of two United States patents which relate to technology for incorporating metal structures in the corners and edges of semiconductor dies to prevent cracking from stresses.

Following the execution of funding agreements and the engagement of counsel, in 2016, Mariner IC brought patent infringement suits in the United States District Court for the Eastern District of Texas against MediaTek Inc., Texas Instruments Incorporated, LG Electronics Inc., Toshiba Corporation. Those cases were resolved in…

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NOTE TO INVESTORS: The latest news and updates relating to QPRC are available in the company’s newsroom at http://nnw.fm/QPRC

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