SNIPP Welcomes Michael J. Cannata, an Intellectual Property Expert Onto its Board of Directors

BETHESDA, MARYLAND – Snipp Interactive Inc. (TSX VENTURE: SPN) (“Snipp”), an international provider of marketing promotions, rebates, rewards and loyalty solutions listed on the TSX Venture Exchange, is pleased to announce that it has appointed Mr. Michael J. Cannata onto its board of directors.

Mr. Cannata is a business strategist and serial entrepreneur with seven start-ups to his credit and senior management experience across a vast array of industries including office products, telecommunications, medical devices, system management software, web-based financial services software and patent brokerage and advisory services. In particular, Mr. Cannata has deep expertise in the field of intellectual property and has been elected to the IAM Strategy 300 list of World Leading IP Experts every year since the inception of the program in 2009.

“We are very excited that Mike has agreed to be on our board,” said Atul Sabharwal, CEO of Snipp Interactive. “In addition to having highly relevant experience starting and growing companies, his expertise in IP will be invaluable to us as we strengthen and deepen our products and technology. As we continue to scale Snipp, we can only benefit from his cross-industry entrepreneurial and board experiences.”

Mr. Cannata is currently Partner and Co-founder at Patent Monetization Inc. (PMI), one of the first specialist patent brokerage firms in North America. PMI has sold over 400 patent assets for its clients and today provides patent brokerage services, strategic patent advisory services and patent litigation management services to its clients… [view full press release]

PMI Principals Again Named to IAM Strategy 300 – The World’s Leading IP Strategists

Patent Monetization Inc’s principals have again been named to the IAM Strategy 300 – The World’s Leading IP Strategists. Michael Cannata has been named to this highly respected and influential list since its inception in 2009, while Paul Cannata has made the list for the second straight year. You can view our profiles here.

The world’s top IP value creators are named in new edition of market-leading publication

London (11/06/2015) – The world’s leading IP strategists are named today in the online edition of a unique guide published by Intellectual Asset Management (IAM). IAM Strategy 300: The World’s Leading IP Strategists lists individuals that in-depth research has shown to possess world class skills in the development and roll-out of strategies that maximise the value of patent, copyright, trademark and other IP rights.

IAM researchers in the United States, Europe and Asia spoke to a wide range of senior corporate IP managers, as well as third-party IP service providers, in order to identify these IP leaders: men and women whose business is the creation, development and deployment of strategies that enable IP owners to gain maximum value from their portfolios. Only those individuals nominated multiple times by different parties as outstanding IP strategists are listed in the IAM Strategy 300.

For the first time, the 2015 edition of the IAM Strategy 300 includes individuals that work at operating companies. This reflects the growing importance that businesses across the world attach to having in-house IP value creation expertise, alongside the legal expertise that has traditionally characterised in-house IP functions. Notably, there is now an emerging group of senior corporate IP leaders that are not lawyers by training, but instead have backgrounds in other disciplines.

Alongside the operating company listees, the IAM Strategy 300 also features individuals on which the guide has always focused: third-party service providers. These too have a wide range of professional backgrounds and areas of specialisation, including: brokering, defensive patent aggregation, finance, insurance, management consultancy, the law, licensing, mergers and acquisitions, tax and valuation. They are based in centres across the world. A number have been involved in IP-related transactions valued in the hundreds of millions, or even billions, of dollars; while others have advised clients on monetisation strategies that have reaped eight, nine and 10-figure sums.

“As in previous years, we have dedicated significant editorial and research resources to ensuring we identify only world class IP strategists, so we are confident that all those named in the IAM Strategy 300 2015 fully merit the recognition that they have received,” says IAM editor Joff Wild. “With intellectual property now central to the success of so many companies across the globe, we are delighted that this publication has become the recognised source of reference for those seeking to identify the world’s leading IP strategists. What’s more, we believe that the roles all those named in the IAM Strategy 300 play is only going to increase in importance over the coming years. We salute each and every one of them.”

Patent Monetization Inc. Assists Lite-ON Technology Corporation in the sale of patents relating to Power, Printers and Multimedia

Toronto, ON Feb 13, 2013 – Patent Monetization Inc. is pleased to announce the sale patents relating to Power, Printers and Multimedia assigned to Lite-ON Technology Corporation to an undisclosed buyer. Patent Monetization Inc. represented Lite-ON and transaction details are confidential.

About Lite-ON

Technology Corporation Lite-On Technology is a leading provider of innovative products for both global and domestic markets, including imaging products, enclosures, power supplies and LEDs. Lite-On’s primary objective for all product lines is to be number one in Taiwan and within the top three in the global market.

About Patent Monetization Inc.

Patent Monetization Inc is a full service International patent brokerage firm working primarily with clients who are looking to monetize core and non-core patent and IP assets in the technology and cleantech sectors. Patent Monetization Inc has created a unique patent brokerage service leveraging diverse experience to help clients quickly monetize their IP and generate additional cash flow for the business. Patent Monetization Inc’s co founders include; Michael Cannata, recognized as one of the world’s leading IP Strategists by Intellectual Asset Magazine and Loudon Owen a seasoned IP expert and venture capitalist. Combining years of experience in patent licensing, patent litigation and extensive contacts with patent buyers, Patent Monetization Inc. leverages sophisticated patent analysis technology and proven marketing techniques to find and access strategic buyers with unparalleled depth. Visit www.patentmon.com for information on our services and current engagements.

Contact:
Paul Cannata, Managing Director
416.792.1586
pcannata@patentmon.com

Patent Monetization Inc. Announces another Patent Portfolio Sale!

Toronto, ON May 1, 2012 – Patent Monetization Inc. is pleased to announce the recent sale of selected patents and patent applications owned by Octopz (7842317 Canada Inc.), to Reliable Tack Acquisitions, LLC. Patent Monetization Inc. represented Octopz. Transaction details are confidential.

According to Octopz, “Patent Monetization Inc. brought excellent patent and transaction experience to the table, and properly positioned our portfolio to maximize its value and ROI.”

Paul Cannata, Managing Director of Patent Brokerage Services at Patent Monetization Inc. said, “As patents are becoming increasingly valuable, we are seeing more and more small cap companies cashing in on their valuable IP, this is exactly what we were able to provide here.”

About Octopz

Octopz develops on-demand online collaboration software platform to business users. The company offers integrated support for text messaging, VoIP, and Webcams that allow colleagues and partners to work together securely in real-time. It serves marketing/advertising, designer/photographer, architecture/design, film/television/radio, and Web/software design customers. The company is based in Toronto, Canada.

About Patent Monetization Inc.

Patent Monetization Inc is a full service International patent brokerage firm working primarily with clients who are looking to monetize core and non-core patent and IP assets in the technology and cleantech sectors. Patent Monetization Inc has created a unique patent brokerage service leveraging diverse experience to help clients quickly monetize their IP and generate additional cash flow for the business. Patent Monetization Inc’s co founders include; Michael Cannata, recognized as one of the world’s leading IP Strategists by Intellectual Asset Magazine and Loudon Owen a seasoned IP expert and venture capitalist. Combining years of experience in patent licensing, patent litigation and extensive contacts with patent buyers, Patent Monetization Inc. leverages sophisticated patent analysis technology and proven marketing techniques to find and access strategic buyers with unparalleled depth. Visit www.patentmon.com for information on our services and current engagements.

Contact: Paul Cannata, Managing Director
416.792.1586
pcannata@patentmon.com

Patent Monetization Inc. Represents Cooler Master in International Patent Portfolio Sale

Toronto, ON January 19, 2012 – Patent Monetization Inc. is pleased to announce the recent transaction of selected patents and patent applications between Cooler Master Co., Ltd. and Chemtron Research LLC. Patent Monetization Inc. represented Cooler Master together with their regional advisor J&C Intellectual Property Corp. Transaction details are confidential. According to Cooler Master, “Patent Monetization Inc. brought excellent patent and transaction experience to the table in a complex cross-border transaction.” Paul Cannata, Managing Director of Patent Brokerage Services at Patent Monetization Inc. said, “The patent universe is becoming increasingly global, and this transaction reflects that trend.”

About Cooler Master

Cooler Master was founded with the mission of providing the industry’s best thermal solutions. Since its establishment two decades ago, the company has remained faithful to this mission, emerging as a world leader in products and services for companies dealing with devices where heat issues must be resolved. Cooler Master’s current business encompasses a comprehensive lineup of thermal solutions for a full range of applications. Its products range from heat sinks and fans to component housing, chassis, and ducting for computers, industrial machinery, telecommunications equipment, and many other devices. Visit www.coolermaster.com for more information.

About Patent Monetization Inc.

Patent Monetization Inc is a full service International patent brokerage firm working primarily with clients who are looking to monetize core and non-core patent and IP assets in the technology and cleantech sectors. Patent Monetization Inc has created a unique patent brokerage service leveraging diverse experience to help clients quickly monetize their IP and generate additional cash flow for the business. Patent Monetization Inc’s co founders include; Michael Cannata, recognized as one of the world’s leading IP Strategists by Intellectual Asset Magazine and Loudon Owen a seasoned IP expert and enture capitalist. Combining years of experience in patent licensing, patent litigation and extensive contacts with patent buyers, Patent Monetization Inc. leverages sophisticated patent analysis technology and proven marketing techniques to find and access strategic buyers with unparalleled depth. Visit www.patentmon.com for information on our services and current engagements.

Contact:
Paul Cannata, Managing Director
416.792.1586
pcannata@patentmon.com