CPA Global Expands Into Mainland China
World's leading IP management specialist strengthens support for clients in world's fastest growing IP market
ALEXANDRIA, Virginia, February 27, 2013 /PRNewswire/ --
CPA Global, the world's leading intellectual property (IP) management and software specialist, has opened its first office in Mainland China to help meet the rapidly increasing demand for professional IP management services in the country.
Located in the southern Chinese city of Shenzhen, the new office will support the IP needs of corporations and law firms, both domestic and international; and provide a springboard for CPA Global's further expansion in Mainland China.
CPA Global has had a presence in China since 2009, when it first opened its Asia Pacific regional headquarters in the Hong Kong SAR (Special Administrative Region); and this growing operation has recently relocated to larger premises in Hong Kong's Central Business district. Similarly, the new Shenzhen office is located in Futian, Shenzhen's main financial and business district.
Announcing the opening of the Shenzhen office, Peter Sewell, CPA Global's Chief Executive Officer, said: "China is today the world's fastest growing market for IP and one of the top filers of international patents. We are seeing increasing demand for professional IP management services and IP software in the country, both from domestic Chinese corporations and law firms, as well as overseas companies and law firms that are focusing on the China market.
"With our regional headquarters in Hong Kong and our new office in Shenzhen, we will be able to better serve the needs of our clients in this major global market. We also plan to open offices in Beijing and other cities in China over the next 12 months. This underlines CPA Global's ongoing commitment to China and the Asia Pacific region as a whole."
Joanne Hon, CPA Global's Senior Vice President Asia, added: "The rapid increase in patent filings originating from China is set to continue fuelled by the Chinese Government's ambitious innovation and patent development strategies. On a country-by-country basis, China's expenditure on R&D is now second only to the US. Indeed, China's focus on developing a technology-based economy, protected by IP Rights is at the core of its success. As a result, more and more Chinese companies are not just recognizing the importance of protecting their IP, but also of managing their intellectual assets more effectively to maximize the value."
The Shenzhen office will be responsible for sales and client service in southern China, supported by CPA Global's extensive worldwide operations, which include patent and trademark renewals, IP management software, patent research and analytics, trademark watching, domains name management, as well as IP administration services, such as docketing and recordals.
CPA Global has a significant presence in Asia Pacific. In addition to Hong Kong and Shenzhen, it has offices in South Korea (Seoul) and Australia (Sydney), and a long-standing strategic alliance with NGB Corporation in Japan. CPA Global also has two delivery centers in India for IP and legal services support services.
As part of its ongoing, industry leadership activities to promote IP in Asia Pacific, CPA Global will be speaking at and sponsoring the 5th China IP Counsel Congress to be held in Shenzhen from March 19-20, 2013.
About CPA Global
CPA Global is the world's leading intellectual property (IP) management and IP software specialist, and an international provider of outsourced legal services. With offices across Europe, the United States and Asia Pacific, CPA Global supports many of the world's best known corporations and law firms with a range of IP and broader legal services, helping them to manage risk, cost and capacity, and realize greater value for their businesses and IP assets.
CPA Global helps corporates and law firms in managing valuable IP Rights, such as patents, designs and trademarks, ensuring that IP portfolios are protected, maintained and regularly reviewed in order to maximize value. Working closely with its clients, CPA Global ensures they have the best information on which to base IP decisions, and the best support in terms of helping implement those decisions.
Services include patent portfolio valuation and optimization; patent research and analytics; patent and trademark renewals; as well as other IP support services such as docketing, trademark watching and domains management. In IP software, CPA Global offers four market-leading IP management software solutions (FoundationIP, Inprotech, Ipendo, and Memotech) tailored towards different types of clients and their specific needs; First To File, the market-leading electronic data management system; as well as Discover, one of the world's most advanced patent search platforms.
CPA Global is also a leading player in the emerging outsourced legal services sector, providing high quality and cost-efficient legal support services such as transaction support, contract management, compliance, and legal research through delivery centers in the US and India.
Founded in Jersey, Channel Islands in 1969, CPA Global today employs more than 1,500 people, serving our clients' needs in 200 jurisdictions through our own offices and an extensive agent network. CPA Global's diverse client list ranges from major global corporations, headquartered in Europe, North America and Asia Pacific, to small and medium-sized enterprises and innovation start-ups; and from top international law firms to national and regional law and IP firms. For further information, please visit: http://www.cpaglobal.com
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SOURCE CPA Global
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