Marshall Phelps, an IPXI Holdings, LLC independent Board of Managers member, said: "IPXI's members and prospective market participants can now conduct business on the Exchange with the added confidence that IPXI is a vehicle for bringing transparency and efficiency into what has always been an opaque market. The new model that IPXI offers is a major breakthrough in the way that IP will be licensed on a non-exclusive basis." Phelps is widely known as a pioneer in the field of IP licensing, including implementing groundbreaking initiatives for two of the world's largest IP companies, Microsoft and IBM.The DOJ noted that, among other benefits of the IPXI model: "IPXI's proposed exchange potentially could generate efficiencies for the IP marketplace and encourage innovation through increased licensing efficiency, sublicense transferability, and greater transparency."
U.S. Department Of Justice Concludes Eight-Month Review Of IPXI Licensing Model
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