Magazine article Information Today Launches PATEX

Magazine article Information Today Launches PATEX

Article excerpt, an Internet intellectual-property portal, has announced the launch of PATEX, a new Internet exchange for the licensing of patents and technologies. PATEX gives patent and technology holders exposure for their under-licensed or unlicensed properties, and gives licensees ideas and innovations to facilitate their development efforts, or to apply to their already-patented or unpatented product suites.

"Think of PATEX as an electronic trading floor for technology transfer, just as NASDAQ is an electronic trading floor for stocks," said Jay Nadler, president of "PATEX is unique in that it unites all of the components needed to identify and complete transactions for technology transfer across a broad spectrum of industry."

PATEX delivers the key components that enable licensors and licensees to efficiently identify opportunities, open key lines of communication, and complete online transactions or receive traditional technology-transfer assistance. Unlike other intellectual property (IP) exchanges, PATEX doesn't require licensors to exclusively list their IP assets on PATEX, and the valuation and terms of each PATEX transaction is determined solely by the licensor and licensee. …

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