Networking Company Next Generation Systems Retains Adapt IP Ventures for Patent Marketing Program

ATLANTA, Sept. 1, 2011 /PRNewswire/ -- Adapt IP Ventures, LLC was retained by Next Generation Systems, Inc. (NGS) to monetize their U.S. patent number 7,385,982 related to providing quality of service (QoS) solutions. As validation of the value of NGS's patent, two independent patent research firms score this patent in the top 10% of rankings, and industry leaders Brocade, Intel, Panasonic, Cisco and Verizon Communications have cited this patent in their patents.

"We are excited to be assisting NGS market this patent especially as consumers and enterprises are pursuing applications with greater bandwidth requirements and demanding more reliability," comments Grant Moss, CEO of Adapt IP Ventures.

The NGS patent enables users to manage data demands by metering data traffic and allocating bandwidth ad hoc to the most critical business tasks. Virtually any application that relies on automation and data could benefit, including e-commerce, video broadcasting and interactive databases.

"Without QoS guarantees, modern networking is impossible. NGS' patented technology allows any sort of traffic to be adapted to QoS as desired by the carrier at any point along its path," states John Brownlee of Evince™, a technology and patent advisory firm, and technical advisor to Adapt IP Ventures. "Any operator of a large network should be interested in NGS' patented solution to QoS."

"We enter the partnership with Adapt IP Ventures with the goal of finding a partner to further develop and commercialize this IP," said Martin Davis, Jr., Ph.D. of NGS. "Adapt IP Ventures and Evince™ bring considerable expertise to this complex market."

Companies interested in the NGS patent are encouraged to contact Adapt IP Ventures.

About Next Generation Systems, Inc.

NGS, based in Dayton, OH, was founded in the late 1990s to target the growing data-storage market. NGS developed network switching technology that adds new functionality to existing commercial data-storage technology by providing the ability to guarantee bandwidth and latency for Fibre Channel-based storage networks.

About Adapt IP Ventures, LLC

Adapt IP Ventures (www.adaptipventures.com), based in Atlanta, GA, provides strategic advisory services designed to assist innovative firms understand and extract value from their patents. By serving as a patent broker for its clients, Adapt IP Ventures develops custom strategies to sell or license patents.

Contact:
Grant Moss
Adapt IP Ventures, LLC
Phone: 770-353-0756
Email: [email protected]

SOURCE Adapt IP Ventures, LLC