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25 September 2000
QED and yet2.com form strategic alliance to provide IP licensing
services
QED the intellectual property (IP) licensing arm of technology development
and licensing company, Scipher
Plc, today announces that it has entered a strategic alliance with yet2.com
who provide a marketplace for buying and selling technology on the Internet. QED,
will provide patent licensing services for the yet2.com market transactions.
As a strategic partner, QED will uniquely provide yet2.com market participants
with a service to negotiate licenses as well as providing assistance in bringing
appropriate technology to the marketplace.
The Internet provides a new marketplace for technology transfer. yet2.com have
obtained patents from a large number of the world’s leading companies for license
or sale via its website. To succeed in this sophisticated virtual marketplace
requires specialist transaction services and Scipher is providing the key technology
patent licensing expertise to yet2.com for both its sellers and buyers.
Dr Ken Gray, Chairman and CEO of Scipher said: "This is an important step
for us into the internet world of technology transfer. We are delighted to have
partnered with yet2.com to provide all its users with an experienced patent licensing
negotiation service from our QED operation."
Chris De Bleser, CEO of yet2.com commented: "yet2.com is already the leading
global technology marketplace on the Internet. We are pleased to have the outstanding
licensing company, Scipher, to become a key member of our team. Together we will
create lasting value for the organisations that use our marketplace."
About yet2.com
yet2.com is the first cross-industry global marketplace for the exchange of
technology on the Internet. The company has enlisted a growing core of leading
corporations and government agencies to pledge technology assets from every field
of research. yet2.com is creating the most efficient method of streamlining research
and development and extracting value from intellectual assets. With its headquarters
in Cambridge, Massachusetts, USA, yet2.com has offices in Europe and Asia. For
more information, visit www.yet2.com
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