Press Release: Acacia Technologies Acquires Digital Inkjet Printing PatentsAug. 26, 2005--Acacia Research Corporation
(Nasdaq:ACTG)(Nasdaq:CBMX) announced today that Acacia Patent Acquisition
Corporation, a wholly owned subsidiary that is part of the Acacia Technologies
group, a leader in technology licensing, has acquired patents relating to a
technology used to improve print image quality for inkjet printers.
"Acacia Technologies has now acquired the rights to
30 patented technologies since the beginning of the year," commented Paul Ryan,
Chairman and CEO of Acacia. "We are already generating revenues from 10 of our
patented technologies, and have recently initiated new licensing and enforcement
campaigns for several additional technologies, to add to our revenue growth. As
our success grows, we are attracting more companies and inventors that want us
to license and enforce their patented technologies. We plan to continue
acquiring new patent portfolios that meet our standards as we move toward our
goal of becoming the leader in technology licensing," concluded Mr.
Ryan.
These patents cover a method of using digital
processing to create a row by row, column by column matrix of color intensity
values from an image, that are stored into memory. These values are transformed
using a dither matrix, resulting in enhanced color separation. Color inkjet
printers are commonly used to print photo quality pictures from digital
cameras.
ABOUT ACACIA RESEARCH CORPORATION
Acacia Research Corporation comprises two operating
groups, Acacia Technologies group and CombiMatrix group.
The Acacia Technologies group develops, acquires, and
licenses patented technologies. Acacia controls 32 patent portfolios, which
include over 120 U.S. patents, and certain foreign counterparts, covering
technologies used in a wide variety of industries including audio/video
enhancement & synchronization, broadcast data retrieval, computer memory
cache coherency, credit card fraud protection, database management, data
encryption & product activation, digital media transmission (DMT(R)),
digital video production, dynamic manufacturing modeling, enhanced Internet
navigation, image resolution enhancement, interactive data sharing, interactive
television, hearing aid ECS, interstitial Internet advertising, laptop docking
station connectivity, microprocessor enhancement, multi-dimensional bar codes,
network data storage, resource scheduling, rotational video imaging and
spreadsheet automation.
The CombiMatrix group is developing a platform
technology to rapidly produce customizable arrays, which are semiconductor-based
tools for use in identifying and determining the roles of genes, gene mutations
and proteins. The CombiMatrix's group's technology has a wide range of potential
applications in the areas of genomics, proteomics, biosensors, drug discovery,
drug development, diagnostics, combinatorial chemistry, material sciences and
nanotechnology.
Acacia Research-Acacia Technologies (Nasdaq:ACTG) and
Acacia Research-CombiMatrix (Nasdaq:CBMX) are both classes of common stock
issued by Acacia Research Corporation and are intended to reflect the
performance of the respective operating groups and are not issued by the
operating groups.
Information about the Acacia Technologies group and
the CombiMatrix group is available at www.acaciaresearch.com.
Safe Harbor Statement under the Private Securities
Litigation Reform Act of 1995:
This news release contains forward-looking statements
within the meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These statements are based upon our current
expectations and speak only as of the date hereof. Our actual results may differ
materially and adversely from those expressed in any forward-looking statements
as a result of various factors and uncertainties, including the recent economic
slowdown affecting technology companies, our ability to successfully develop
products, rapid technological change in our markets, changes in demand for our
future products, legislative, regulatory and competitive developments and
general economic conditions. Our Annual Report on Form 10-K, recent and
forthcoming Quarterly Reports on Form 10-Q, recent Current Reports on Forms 8-K
and 8-K/A, and other SEC filings discuss some of the important risk factors that
may affect our business, results of operations and financial condition. We
undertake no obligation to revise or update publicly any forward-looking
statements for any reason.
Posted: Fri - August 26, 2005 at 04:49 PM |