Soryn IP Group To Sell Patent Portfolio Related To Highly Relevant Mobile Video Technologies

FOR RELEASE – June 11, 2014

Soryn IP Group To Sell Patent Portfolio Related To Highly Relevant Mobile Video Technologies

 The patents in this portfolio relate to a host of mobile video technologies, including real-time mobile video chat and conferencing platforms, network-adaptive video codecs, transcoding and integrated circuits for processing computationally complex algorithms

Jersey City, New Jersey (June 2014) — the Soryn IP Group, LLC (“Soryn IP Group”) is pleased to announce the sale of this mobile video patent portfolio, consisting of 8 issued patents and 5 pending patent applications.  This diverse portfolio includes a host of highly relevant technologies in the mobile video space, including software-based mobile video chat and conferencing platforms, high efficiency, network-adaptive video codecs and integrated circuits for processing computationally complex algorithms.  The patented technology of this portfolio is also the subject of a current IEEE working group related to network-adaptive, mobile video technologies.

Significantly, the intellectual property in this portfolio originated from within a successful Silicon Valley company that developed an all software, end-to-end multimedia platform to meet the image, quality, power consumption and cost objectives associated with next-generation mobile devices.  Validating its technology, the company was acquired by one of the largest providers of integrated voice platforms for the social web.

Recent reports surveying the enterprise and mobile video space predict a market worth over $11 Billion by 2018.  Paramount in this space are the very same technologies to which the patents and patent applications in this portfolio relate.

“This portfolio would be an ideal acquisition for any company seeking to capitalize on the enterprise and mobile video revolution,” said Michael Gulliford, the Founder & Managing Principal of the Soryn IP Group.  “There are just so just many interesting and highly relevant technologies in the portfolio, including technologies related to current standardization efforts.  In one acquisition, the purchaser of this portfolio will have acquired an array of assets in the real-time mobile video space.  We expect strong interest among those companies entrenched in, or seeking to enter, the space.”

The Soryn IP Group is exclusively offering this portfolio for sale.  Qualified, potential purchasers will be provided with detailed marketing materials regarding the portfolio as well as access to an online data room.  Claim charts, evidence of use and licensee information are available under NDA.

To receive more information or to schedule a conference call regarding this portfolio, please contact Michael Gulliford, the Founder & Managing Principal of the Soryn IP Group, LLC, atmgulliford@sorynipgroup.com.

ABOUT THE SORYN IP GROUP, LLC
Founded by a former partner at one of the country’s most prestigious patent litigation groups, the Soryn IP Group is a patent asset management and advisory company.   The Soryn IP Group provides a host of services to innovators from every technology sector, including patent advisory and brokerage services, litigation funding support, IP/monetization consulting and strategic prosecution oversight.  The company’s headquarters are located in Jersey City, New Jersey.

CONTACT
Michael Gulliford
Founder & Managing Principal:  Soryn IP Group, LLC.
(201)-633-4713
mgulliford@sorynipgroup.com