Acacia Research Corporation ( ACTG)

Q3 2011 Earnings Conference Call

October 20, 2011 16:30 ET

Executives

Paul Ryan – Chairman and Chief Executive Officer

Chip Harris – President

Dooyong Lee – Executive Vice President

Clayton Haynes – Chief Financial Officer

Analysts

Mark Argento – Craig-Hallum Capital

Mark Strouse – JPMorgan

Jonathan Skeels – Davenport

Paul Ryan – Chairman and Chief Executive Officer

Walter Ramsley – Walrus Partners

Presentation

Operator

Good afternoon and welcome ladies and gentlemen to the Acacia Research Third Quarter Earnings Release Conference Call. At this time, I would like to inform you that this conference is being recorded and that all participants are in a listen-only mode. At the request of the company, we will open the conference up for questions and answers after the presentation.

I will now turn the conference over to Mr. Paul Ryan. Please go ahead, sir.

Paul Ryan – Chairman and Chief Executive Officer

Thank you for being with us today. Today’s call may involve what the SEC considers to be forward-looking statements. Please refer to our 8-K, which was filed with the SEC today for our forward-looking statement disclaimer.

In today’s call, the terms we, us and our, refer to Acacia Research Corporation and/or it’s wholly and majority-owned operating subsidiaries. All intellectual property acquisitions, development, licensing, and enforcement activities are conducted solely by certain of Acacia Research Corporation’s wholly and majority-owned operating subsidiaries. With us today are Chip Harris, President of Acacia; Dooyong Lee, Executive Vice President; and Clayton Haynes, our Chief Financial Officer.

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