RPX Chosen to Form Broad-Based Licensing Syndicate as Alternative to Traditional Licensing
Paris – February 10, 2012 – Alcatel-Lucent today announced that it will offer access to its worldwide portfolio (which includes approximately 29,000 issued patents) through a licensing syndicate to be formed by RPX Corporation (NASDAQ: RPXC).
Alcatel-Lucent’s worldwide patent portfolio is relevant to a broad range of technologies, including fixed line and wireless communications, semiconductors, consumer electronics, multimedia, optical, software, cloud computing, applications and network security.
“We have chosen to undertake an innovative approach to realizing the value of our world-class patent portfolio, and while retaining ownership of our patents, we seek to expand access to them for a diverse set of industries. For a breakthrough arrangement of this scale, we have decided to work with RPX, a known and respected expert in the patent market,” said Alcatel-Lucent CEO Ben Verwaayen. “We believe that RPX’s model encourages an environment where owners and users of intellectual property have the benefit of transparency and fair pricing. We expect to generate substantial proceeds from this arrangement.”
Participation in this innovative licensing approach will be open to a wide range of prospective licensees. Fees to obtain perpetual, non-exclusive licenses under the program - which will include licenses to both issued Alcatel-Lucent patents and pending applications - will vary depending on company size, portfolio applicability, technology areas and other relevant factors.
RPX is the leading provider of patent risk management solutions, offering defensive buying, acquisition syndication, patent intelligence and advisory services.
“Our mission is to help our client network of more than 100 companies control and manage patent-related risk, whether through defensive patent acquisitions, direct licensing transactions among operating companies, syndicated transactions, cross-licensing agreements or other risk- mitigation solutions,” said John Amster, CEO of RPX. “This program offers clients the option to eliminate risk related to Alcatel-Lucent’s worldwide patent portfolio.”
About RPX Corporation
RPX Corporation (NASDAQ: RPXC) is a leading provider of patent risk solutions, offering defensive buying, acquisition syndication, patent intelligence and advisory services. Since its founding in 2008, RPX has introduced efficiency to the patent market by providing a rational alternative to litigation. The San Francisco-based company's pioneering approach combines principal capital, deep patent expertise, and client contributions to generate enhanced patent buying power. By acquiring patents, RPX helps to mitigate and manage patent risk for its growing client network.
Safe Harbor Statement
This press release and its attachments contain forward-looking statements within the meaning of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include the quotations from management in this press release, as well as any statements regarding the Company’s strategic and operational plans. The Company’s actual results may differ materially from those anticipated in these forward-looking statements. Factors that may contribute to such differences include, among others, the Company’s ability to assemble a defensive licensing syndicate to purchase licenses to the patent portfolio, the impact of the current economic climate on the Company’s business, the Company’s ability to effectively manage its growth, and the Company’s ability to attract new clients and retain existing clients. Forward-looking statements are often identified by the use of words such as, but not limited to, “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “will,” “plan,” “project,” “seek,” “should,” “target,” “will,” “would,” and similar expressions or variations intended to identify forward-looking statements. More information about potential factors that could affect the Company’s business and financial results is contained in its Prospectus related to its secondary offering filed pursuant to Rule 424(b) under the Securities Act with the Securities and Exchange Commission on September 16, 2011. The Company does not intend, and undertakes no duty, to update any forward-looking statemts to reflect future events or circumstances.
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About Alcatel-Lucent (Euronext Paris and NYSE: ALU)
The long-trusted partner of service providers, enterprises and governments around the world, Alcatel-Lucent is a leading innovator in the field of networking and communications technology, products and services. The company is home to Bell Labs, one of the world's foremost R&D organizations, responsible for breakthroughs that have shaped the networking and communications industry. Alcatel-Lucent is committed to making communications more sustainable, more affordable and more accessible as we pursue our mission - Realizing the Potential of a Connected World.
With operations in more than 130 countries and one of the most experienced global services organizations in the industry, Alcatel-Lucent is a local partner with global reach. The Company achieved revenues of Euro 16 billion in 2010 and is incorporated in France and headquartered in Paris.
For more information, visit Alcatel-Lucent on: http://www.alcatel-lucent.com, read the latest posts on the Alcatel-Lucent blog http://www.alcatel-lucent.com/blog and follow the Company on Twitter: http://twitter.com/Alcatel_Lucent.
Contact the Alcatel-Lucent Press Office: firstname.lastname@example.org
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