This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Dataram Leverages Intellectual Property Through Sale Of Patent Assets

Dataram Corporation (NASDAQ: DRAM), a leading international manufacturer of computer memory, storage and software products, announced today that it has sold thirteen patents and two patent applications to Phan Tia Group Pte. LLC, for a purchase price of $5 million. Under terms of the sale, Dataram retains a license to continue to use the patents in current and future Dataram products including XcelaSAN with limited rights to transfer its license.

“This transaction represents an exceptional opportunity to fund new growth initiatives while at the same time it protects our current product portfolio. The license granted to Dataram under this Agreement will also allow us to market, develop and sell XcelaSAN as well as other existing and new Dataram products that incorporate the technology based on these patents. They are all protected under the Patent Purchase Agreement”, said John Freeman, Dataram President and CEO.

The execution of this Agreement delivers a significant return on the investment Dataram made several years ago when it committed to use funds to convert certain intellectual property to tangible patent assets. The patents which Dataram sold covered solid state storage and caching products based on DRAM, flash and other solid state technologies.

"Historically Dataram has been a company rich in innovation and intends to maintain that position. An integral part of our overall strategy is to continue to develop intellectual property and convert those assets into patents. A number of Dataram’s patent applications are not included in this transaction and we are in the process of applying for additional patents”, said John Freeman, Dataram President and CEO.

ipCapital Group assisted in patent valuation, and ipCapital Licensing Company supported Dataram on the negotiation and successful close of this transaction.

About Dataram

Founded in 1967, Dataram is a worldwide leader in the manufacture of high-quality computer memory, storage and software products. Our products and services deliver IT infrastructure optimization, dramatically increase application performance and deliver substantial cost savings. Dataram solutions are deployed in 70 Fortune 100 companies and in mission-critical government and defense applications around the world. For more information about Dataram, visit www.dataram.com.

All names are trademarks or registered trademarks of their respective owners.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs