Institutional Analyst Inc., Issues 2013 Watch List
Chicago -- Institutional Analyst Inc. (IA) launched an additional site today to its network of financial portals, the “Patent Stock Review,” covering publicly traded companies involved in patent monetization and released a Watch List of companies to follow. The site was launched as a more focused coverage initiative, preceding the “Internet Stock Reviews” inclusion of VirnetX (VHC) in June of 2010 and Vringo (VRNG) in April of 2012, on its respective Watch List.
IA is an independent investment research firm founded in 1998, with the launch of the “Internet Stock Review” and now additionally provides coverage for companies in a number of distinct industries including; Biotech, Internet, Entertainment, Restaurants, Special Situations and Private Equity.
“The Watch List, was created as a starting point for investors who are interested in companies involved in Patent Monetization via internally held patents, patent portfolios or through the acquisition of potentially valuable patents,” stated Roland Rick Perry, editor who added, "The list is not a buy list, but rather our universe of companies, whose technology, management, patent portfolio and/or recent market performance we currently find compelling.”
“After adding VirnetX to our Watch List (VHC), which traded from $6 to near $40 after securing a licensing agreement with Microsoft, after the sale of Nortel’s patent assets (which filed for bankruptcy in 2009) for an unprecedented $4.5 billion and after AOL’s patent asset sale to Microsoft for $1.06 billion -- which sent its shares up 35% in a single day, we thought we should launch a financial portal dedicated to following the news and activities particular to the group.” Adding, “The tech world is seeing an explosion in patent litigation, often involving seemingly unknown technology which has been previously patented, but unenforced and unmonetized. The site provides a quick and easy way to peruse the news of many of the leading companies in this new, exciting and developing category.”
The impetus behind the Watch List issuance is to bring attention to the names and/or to the existence of these companies (particularly those with no coverage on Wall Street) and then to have the investors themselves, do the due diligence necessary to decide on their own, if any of the companies warrant further study and/or investment.
The website provides individual news feeds for each company on the Watch List, enabling investors to easily follow the entire group with a single visit. Patent related blogs are also included from leading sources such as GrokLaw and standalone reports from JP Mareno Research and others. Also links to leading Patent related websites such as ICAP Patent Brokerage, the Ocean Tomo Patent Index, IPIX International, the IP Investment Conference and our own blog, which our editors feature particularly interesting news and/or reports from a broad spectrum of Wall Street sources.
In the list below, are companies, which the review believes activities and progress should be monitored. The Patent Stock Review, will be following and reporting on the progress of these companies and others during the coming year.
American Superconductor Corporation - $2.72. AMSC generates the ideas, technologies and solutions that meet the world’s demand for smarter, cleaner... better energy. Through its Windtec Solutions, AMSC provides wind turbine electronic controls and systems, designs and engineering services that reduce the cost of wind energy. Through its Gridtec Solutions, AMSC provides the engineering planning services and advanced grid systems that optimize network reliability, efficiency and performance. The company's solutions are now powering gigawatts of renewable energy globally and enhancing the performance and reliability of power networks in more than a dozen countries. Founded in 1987, AMSC is headquartered near Boston, Massachusetts with operations in Asia, Australia, Europe and North America.
Acacia Research - $26.34. Acacia Research Corporation, through its subsidiaries, acquires, develops, licenses, and enforces patented technologies in the United States. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies. The company owns or controls the rights to approximately 200 patent portfolios, which include the United State's patents and foreign counterparts covering technologies used in various industries. Acacia Research Corporation was founded in 1992 and is based in Newport Beach, California.
CopyTele - $0.20. CTI’s management team has over 30 years of combined experience in Patent Monetization and Patent Assertion, and has generated in excess of $150 million patent licensing revenues. CTI currently has 53 U.S. Patents and 11 U.S. Patent applications with coverage primarily in four technology areas: Key Based Encryption; ePaper® Electrophoretic Display, Nano Field Emission Display, and Micro Electro Mechanical Systems Display. CTI’s primary business is the monetization and assertion of patents, and the acquisition of patents and patent monetization and assertion rights from third parties. The company was founded in 1982 and is headquartered in Melville, New York
Document Security Systems - $2.75. Document Security Systems, Inc. is a leader in anti-counterfeit, authentication, and mass-serialization technologies, providing security solutions to corporations, governments, and financial institutions. DSS security programs are designed to protect against product diversion, counterfeit, theft, and other costly and damaging occurrences. From risk analysis and vulnerability assessment, to systems integration and monitoring, DSS offers the advanced tools and knowledge base needed to protect the world's most valuable and at-risk brands. Document Security Systems, Inc. was founded in 1984 and is headquartered in Rochester, New York.
Internet Patents Corp. - $3.76. From its inception through December 21, 2011, Internet Patents Corporation ("IPC") operated an online insurance marketplace that electronically matched consumers and providers of automobile, property, health, term life, and small business insurance. IPC discontinued this business in connection with the sale of substantially all of its assets to Bankrate, Inc. in a transaction that closed on December 21, 2011. After the closing of the asset sale transaction, the Company changed its name from InsWeb Corporation (“InsWeb”) to Internet Patents Corporation. IPC retained its portfolio of e-commerce patents, and since December 21, 2011 its business consists solely of licensing and otherwise enforcing its patent portfolio. Internet Patents Corporation was founded in 1995 and is headquartered in Rancho Cordova, California
Lightbridge Corp. - $1.95. Lightbridge is a US nuclear energy company based in McLean, Virginia with operations in Abu Dhabi, Moscow and London. The Company develops proprietary, proliferation resistant, next generation nuclear fuel technologies for existing and future nuclear reactor systems. The Company also provides comprehensive advisory services for established and emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. Lightbridge's breakthrough fuel technology is establishing new global standards for safe and clean nuclear power and leading the way to a sustainable energy future. Lightbridge consultants provide integrated strategic advice and expertise across a range of disciplines including regulatory affairs, nuclear reactor procurement and deployment, reactor and fuel technology and international relations. The Company leverages those broad and integrated capabilities by offering its services to commercial entities and governments with a need to establish or expand nuclear industry capabilities and infrastructure. Lightbridge Corporation was founded in 1992 and is based in Tysons Corner, Virginia.
MGT Capital Investments. - $3.64. MGT and its subsidiaries are engaged in the business of acquiring and monetizing intellectual property rights. MGT Gaming, Inc., a majority-owned subsidiary, owns U. S. Patent No. 7,892,088 relating to casino gaming systems. In November 2012, MGT Gaming filed a patent infringement suit against Caesars Entertainment Corporation, MGM Resorts International, Inc., WMS Gaming - a subsidiary of WMS Industries, Inc., Penn National Gaming, Inc., and Aruze Gaming America, Inc. In addition, the Company owns Medicsight, Inc., a medical technology company with patent ownership, as well as operations in imaging software and hardware devices. Medicsight’s computer-aided detection software assists radiologists with detection of colorectal polyps, and has received regulatory approvals including CE Mark and U. S. FDA clearance. MGT Capital Investments, Inc. was founded in 1999 and is headquartered in Harrison, New York.
TeleCommunication Systems Inc., - $2.53. TeleCommunication Systems, Inc. (TSYS) is a world leader in highly reliable and secure mobile communication technology. The company's infrastructure forms the foundation for market leading solutions in E9-1-1, text messaging, commercial location and deployable wireless communications. It is at the forefront of new mobile cloud computing services providing wireless applications for navigation, hyper-local search, asset tracking, social applications and telematics. Millions of consumers around the world use the company's wireless apps as a fundamental part of their daily lives. Government agencies utilize its cyber security expertise, professional services, and highly secure deployable satellite solutions for mission-critical communications. Headquartered in Annapolis, MD, the company maintains technical, service and sales offices around the world.
Vringo, Inc. - $3.44. Vringo, Inc. is engaged in the innovation, development and monetization of mobile technologies and intellectual property. Vringo's intellectual property portfolio consists of over 500 patents and patent applications covering telecom infrastructure, internet search, and mobile technologies. The patents and patent applications have been developed internally, and acquired from third parties. Vringo operates a global platform for the distribution of mobile social applications and services including Facetones® and Video Ringtones which transform the basic act of making and receiving mobile phone calls into a highly visual, social experience. Vringo, Inc. is headquartered in New York, New York
VirnetX Holdings Corp. - $34.40. VirnetX Holding Corporation is an Internet security software and technology company with patented technology for 4G LTE security. The Company's software and technology solutions, including its secure domain name registry and GABRIEL Connection Technology™, are designed to facilitate secure communications and to create a secure environment for real-time communication applications such as instant messaging, VoIP, smart phones, eReaders and video conferencing. The Company's patent portfolio includes 20 U.S. and 32 international patents and over 100 pending applications. VirnetX Holding Corporation was founded in 2005 and is headquartered in Zephyr Cove, Nevada.
About the Patent Stock Review
Each issue of the Patent Stock Review covers publicly traded companies of interest in patent monetization and includes hyperlinks to the news origination source for full coverage. The newsletter additionally reports on the availability of streaming audio/video profiles, press releases, shareholder conferences and interviews with senior management of the companies covered.
Through Thomson Financial, the Patent Stock Review’s hard copy research reports are made available to more than 22,000 of the world's largest institutional money management firms controlling over $20 trillion in assets and over 950 of the world's leading research firms including brokers, investment banks and independent research firms.
The Patent Stock Review is a wholly owned subsidiary of a public relations firm Institutional Analyst Inc. (IAI), whose mission to provide or create coverage for publicly traded companies. Please see website for full disclosure details as related on each letter released.
*Prices are as of the Watch List creation date of 1/11/13.
To visit the Patent Stock Review Web site, go to:
Roland Rick Perry, Editor
Patent Stock Review