Soryn IP Group Announces New Initiative With Liquid Venture Partners
FOR IMMEDIATE RELEASE – 9/15/14:
Soryn IP Group Announces New Patent Development Initiative
With Liquid Venture Partners
Principals of the two firms will collaborate under the name
Liquid Patent Consulting, which will build patent portfolios
for early stage technology companies
Jersey City, New Jersey (September 15, 2014) — Soryn IP Group, LLC (“Soryn IP Group”) announced today an important new initiative with Liquid Venture Partners, a new investment banking practice led by three high-technology finance veterans. Principals of Liquid Venture Partners and Soryn IP Group will work together to build patent portfolios for clients under the name Liquid Patent Consulting, LLC (“Liquid Patent”).
Liquid Patent’s goal is to design large, dynamic patent portfolios around transformative technologies. In a typical engagement, Liquid Patent will first develop a consistent IP strategy by coordinating management, engineers, attorneys, and other stakeholders. Liquid Patent will then direct major U.S. law firms to draft patent applications that align with the agreed-upon strategy. Liquid Patent has pre-negotiated terms with these law firms to make the integrated patent portfolio design and filing service affordable to almost any company.
“We are excited to announce this unique offering, which we believe will level the playing field for patent protection,” said Michael Gulliford, Managing Principal at Soryn IP Group and Director of Patent Strategy at Liquid Patent Consulting. “Many small companies cannot afford to protect their IP thoroughly, leaving them exposed to attack by larger, better-funded competitors. The America Invents Act, which took effect last year, has exacerbated this problem by incentivizing well-financed companies to race to the patent office to be ‘first to file,’ while innovators who cannot afford to make patent filings are left hoping that no large company stumbles across their ideas. We believe that Liquid Patent Consulting can democratize the patent process and make exceptional IP portfolios affordable to all companies.”
“The principals of Soryn IP Group have decades of experience in patent enforcement, and have developed portfolios that have generated more than $1 billion in revenue,” noted Ankur Desai of Liquid Venture Partners. “We could not imagine a better partner in launching this game-changing new effort. We take pride in the fact that Liquid Patent Consulting will be using the patent process in the right way, to build operating companies from the ground up.”
Mr. Gulliford also noted that Liquid Patent’s focus is not solely on start-up companies. “The services we will provide are ideal for any company that needs to design a sizeable patent portfolio that aligns with its business strategy,” he said. “Our principals have provided world-class patent development services for Fortune 500 companies, so we know how to service clients both big and small.”
For more information about Liquid Patent Consulting, please visit www.liquidpatentconsulting.com.
ABOUT SORYN IP GROUP, LLC
Led by a former partner at one of the country’s most prestigious patent litigation groups and one of the most accomplished innovators in the patent space, Soryn IP Group is a new breed of patent asset management and advisory company. In direct response to the unsettling, anti-patent climate now affecting so many innovators, Soryn IP Group provides a host of patent-centric services (including venture and monetization funding, portfolio development, patent brokering, licensing support and strategic IP consulting) to clients ranging from promising start-ups to billion dollar corporations. Soryn IP Group’s headquarters are located in Jersey City, New Jersey. For more information about Soryn IP Group, please visit www.sorynipgroup.com.
ABOUT LIQUID VENTURE PARTNERS, LLC
Liquid Venture Partners finds young companies with transformative technologies, builds patent and business strategies around them, and then takes them public through a NYSE or Nasdaq IPO. Liquid Venture works with investors who want to help build great companies, and companies that are looking for investors who will act as partners who help create value. Its headquarters are located in Marina del Rey, California. Securities and Investment Banking Services offered through National Securities Corporation, Member FINRA/SIPC. For more information about Liquid Venture Partners, please visit www.liquidventure.com.
Founder & Managing Principal, Soryn IP Group, LLC
Founding Partner, Liquid Venture Partners, LLC