News Release

Breaking The University-Industry Technology Transfer Logjam

Meeting Announcement

Fleishman-Hillard, Inc.

Patents fuel the global economic engine. Please join a panel of distinguished academic and industry leaders for a groundbreaking discussion on the challenges facing patent buyers and sellers. Organized by Nir Kossovsky, founder of The Patent and License ExchangeSM auction market, and hosted by Rob Golum, associate editor of Investors Business Daily, the panel discussion will be held in connection with the American Association for The Advancement of Science's annual conference, "Challenges For A New Century."

Discussion will address the road blocks and challenges that confront university and industry technology transfer as well as solutions for capturing the hundreds of millions of dollars lost annually due to the inefficient global patent and license transfer process.

Speakers will include:

  • Gordon Binder, President & CEO, AMGEN, Inc.
  • Lita Nelsen, Director, Technology Licensing Office, MIT
  • C. Kumar Patel, Vice Chancellor Research, UCLA
  • David Baltimore, President, CalTech
  • Alfred F. Mann, Chairman & CEO, MiniMed
  • Steven Sample, President, USC
  • Nir Kossovsky, President & CEO, The Patent & License Exchange
Nir Kossovsky will be available for one-on-one press interviews following the panel discussion to address trends in global patent and technology transfer.

WHEN: Friday, January 22, 1999 9:00 a.m. to 12 noon

WHERE: Anaheim Hilton & Towers, 4th Floor

ROOM: El Capitan A

American Association for the Advancement of Science (AAAS) Annual Meeting "Challenges For A New Century Conference"

BACKGROUND:

The Patent and License ExchangeSM patent auction market ("plXSM") is the first business-to-business global Internet-based auction facility for the safe and efficient commercial transfer of quality, patents and licenses. plX brings together global patent buyers and sellers, provides standardized information on patent inventory, offers patent validity, infringement and enforcement insurance, posts transparent and reasonable proposed terms of sale, expedites the market clearing process, and provides cost-effective aftermarket licensing administration. Trading will begin this summer. For more information visit http://www.pl-x.com.

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FOR MORE INFORMATION OR TO SCHEDULE AN INTERVIEW, PLEASE CONTACT:
Jamie Ludowitz
Fleishman-Hillard
213-489-8255



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