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UBM TechInsights Expands Patent Brokerage Services

Richard Boadway Appointed Vice President, Patent Brokerage


News provided by

UBM TechInsights

May 03, 2010, 07:21 ET

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OTTAWA, May 3 /PRNewswire/ -- Strengthening its commitment to the provision of broad-based Intellectual Property (IP) management services, UBM TechInsights has appointed Richard Boadway, P.Eng, ICD.D, as its Vice President of Patent Brokerage.

(Photo:  http://www.newscom.com/cgi-bin/prnh/20100503/SF96964)

Richard Boadway has over thirty years of experience in the areas of technology development and financing including involvement in IP business Mergers & Acquisitions (M&A), patent portfolio sales and active participation in IP licensing programs at multiple companies. Richard commented, "I am excited by the patent brokerage opportunity at UBM TechInsights. We have a unique value proposition which stems from our capacity to confidently assess the value of a portfolio and back it up with evidence of use. The UBM TechInsights organization is built on its integrity; its relationships with its world-class client base of technology companies; the industry's broadest library of technical analysis, including the business intelligence that results from that; and the cadre of almost 300 engineering and technical professionals who lead the world in technical IP services." He concluded, "The combination yields a powerful ability to value, market and find attractive patent portfolios for our clients."

Harry Page, CEO, said, "As our clients adopt the best practices of IP Lifecycle based management there has been an increasing need to facilitate acquisition and divestiture of intellectual property assets for them to manage their portfolios effectively.  The strengthened patent brokerage service will enable our customers to maximize their ROI and get the best value from their assets whether they are establishing an IP position or monetizing IP assets."

"For over 20 years, I have observed Richard operate on boards, in M&A transactions, and in money raises, invariably with intellectual property assets involved. Richard's integrity, communication skills, intelligence and breadth of knowledge have universally proven a potent combination to secure his employer's or client's objectives. With his appointment, I see a wonderful match of person, role and organization," said Deborah Weinstein, founding partner of LaBarge Weinstein.

UBM TechInsights is uniquely equipped to address the challenges of acquiring and selling IP. Its in-depth technical knowledge of patents and technology, along with an international network of corporate and legal contacts helps to ensure successful patent sales transactions. UBM TechInsights provides independent opinions on the utility of a seller's patents, develops a professional marketing package, and provides evidence of use that clearly demonstrates the value of the portfolio to prospective buyers. Access to UBM TechInsights' contact network elevates your exposure to qualified, prospective buyers encouraging a bidding process to ensure that the best price for the portfolio is achieved.  To learn more about UBM TechInsights Patent Brokerage services visit its site.

About UBM TechInsights

UBM TechInsights is the preeminent firm for the provision of sophisticated information and advice to technology companies. We assist in the management of their technology and intellectual property portfolios, ensuring the reduction of risk and maximizing return on investment. Our leadership position is founded upon our commitment to the utmost integrity, and sustained by the ongoing investment and acquisition of the knowledge and capabilities necessary to meet our clients' evolving needs. When companies need assistance in managing their most complex technology or IP challenges, they turn to UBM TechInsights for assured results. For more information about UBM TechInsights, go to www.ubmtechinsights.com.

United Business Media

UBM focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetisation of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists – with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organised into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to www.ubm.com.

SOURCE UBM TechInsights

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