TULSA, OK--(Marketwired - Jun 10, 2013) - MacroSolve, Inc. (
MacroSolve's business advisory services began building its client portfolio in FY2012, managing select mobile app ventures. In these engagements, the value of the '816' patent for the developer, app development platform, app marketer or app store increased with broader access to the market. With the launch of the new Patent Access Services offering, deals can be structured for smaller companies seeking protection and enforcement expertise. Also, for qualified companies serving app developers, MacroSolve's '816' patent may now be licensed on a transaction basis, tailored to their client's business model, creating a passive revenue stream and a new value added service.
Jim McGill, MacroSolve Chairman and CEO, states, "Samsung, Apple, and other large companies are building and protecting their intellectual property at unprecedented levels. Smaller companies do not have the expertise or the budget to capitalize on their concepts and inventions. Our goal is to provide affordable assistance such that the smaller companies can effectively compete in the IP driven markets."
MacroSolve's U.S. Patent No. 7,822,816, which was issued October 26, 2010, addresses mobile information collection systems across all wireless networks, smartphones, tablets, and rugged mobile devices, regardless of carrier and manufacturer. MacroSolve's patent covers fundamental technology in the mobile application space utilized by numerous companies. The patent, a significant intellectual property asset to MacroSolve, further advances its position as a leader in the mobile solutions market.
Founded in 1997, MacroSolve is heralded for its robust IP portfolio, while advancing throughout the mobile apps era by innovating key technologies that have laid the foundation for apps and next-gen developers. Today, MacroSolve is empowering a new era of mobile innovators seeking advisory services and IP strength from a source of experience.
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This press release contains projections of future results and other forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Important factors that may cause actual results and outcomes to differ materially from those contained in the projections and forward-looking statements included in this press release are described in our publicly filed reports. Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.