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Local Corporation Message Board

  • fankenguru fankenguru Aug 9, 2014 1:51 PM Flag

    Monetizing of intellectual property winning pace

    - Reviewing options to maximize value of Pay-Per-Call patent portfolio

    - Transferring patents into dedicated IP holding subsidiary - Structure provides most flexible solution to leverage value

    - A sign, that intellectual property win importance: Local Corporation Promotes Scott Reinke to Chief Legal Officer

    IRVINE, Calif.--(BUSINESS WIRE)--Jul. 31, 2014-- Local Corporation (NASDAQ: LOCM), a leading local advertising technology company, today announced that it has promoted Scott Reinke to the position of chief legal officer, effective July 1, 2014.

    Reinke joined the company in 2009 as general counsel responsible for managing the company’s legal initiatives, including contracts, regulatory compliance, litigation, and intellectual property. In his new role, Reinke will also be responsible for leading the company’s patent portfolio strategy.

    “Over the last five years, Scott has played a key role in supporting our continued growth and we look forward to his ongoing contributions leading our go-forward patent portfolio strategy,” said Fred Thiel, Local Corporation chairman and chief executive officer. “His proven track record and strong leadership will serve us well as we continue to grow our robust intellectual property portfolio and leverage strategic opportunities in this important area.” Less

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1.15+0.03(+2.68%)Dec 24 12:56 PMEST

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