Intellectual Property Partners is now IP2Biz® New Company Name Builds on Four-Step Process to Turn Promising Technologies into Realities
ATLANTA, GA (August 20, 2007) – Today, Intellectual Property Partners LLC announced its new company name, IP2Biz® to more effectively communicate the company’s innovative intellectual property (IP)-to-business process and value. In partnership with research universities and investors, the IP2Biz process -- unearth, invest, prove and launch -- is designed to rapidly move intellectual property (IP) to commercialization in six to 18 months.
“Our name change heralds the next step in our aggressive market strategy to shape the IP landscape,” said John C. Bacon, partner of IP2Biz. “The IP2Biz process turns promising technologies such as fuel cell adaptation or titanium-dioxide-based nanowires into profitable realities for our clients.”
The systematic IP2Biz process starts by unearthing biomedical, energy and environmental technologies from major research universities across the nation. Then, IP2Biz invests early-stage capital to sponsor further development and confirm market acceptance. An IP2Biz ProofCo® project -- or Proof of Commercialization project -- is formed to test and prove that the IP has commercial market viability. In the final launch stage, the IP is sold to a corporate buyer for commercialization or is further developed through a start-up company, providing the best environment for bringing the technology to market.
Recently, IP2Biz announced the launch of titanium-dioxide-based nanowires, a breakthrough material created at the University of Arkansas and licensed globally and exclusively to the company. When assembled into free-standing membranes, the material, a two-dimensional “paper,” provides solutions for a variety of applications, including chemical and water filtration. The nanowires also have applications in solar cells, drug delivery, fuel cells and high-temperature non-woven textiles.
“With the IP2Biz partners holding combined experience of more than 50 years, IP2Biz remains focused on delivering clean, packaged IP to business with greater speed, reduced costs and lowered risks,” said Bacon.
About IP2Biz IP2Biz LLC is a leading intellectual property acquisition, development, licensing and growth company that transfers technology from universities to businesses for commercial application. IP2Biz’s unique business model revolutionizes the early stages in the commercialization process, improving the efficiency, effectiveness and returns for researchers, corporate buyers and investors. As a result, clean, packaged IP is delivered to business with greater speed, reduced costs and lowered risks. That’s IP2Biz: a business model providing the fast track from IP to Industry. For more information on IP2Biz, a wholly-owned subsidiary of Intellectual Property Partners LLC, please visit www.ip2biz.com.