Acacia Expands Patent Licensing Business into the Energy Industry with Subsidiary Acquisition of Patents Relating to Oil and Gas

  Acacia Expands Patent Licensing Business into the Energy Industry with
  Subsidiary Acquisition of Patents Relating to Oil and Gas Production
  Technology

Business Wire

NEWPORT BEACH, Calif. -- January 10, 2013

Acacia Research Corporation (Nasdaq: ACTG) announced today that it has
expanded its business to include patented technologies in the energy industry,
as a subsidiary has acquired patents relating to oil and gas production. The
patents relate to solids separation technology which addresses removal of
solids from drilling fluids used in oil and gas wells.

Acacia’s CEO Paul Ryan, commented, “We see the energy industry as a
significant new market for the continued expansion of our patent licensing
business in 2013. Acacia has been very successful in generating revenue
sharing with patent owners in the technology sector. In 2012 Acacia began to
expand its business with the successful entry into the medical technology and
automotive industries. Acacia plans to continue this expansion and partner
with patent owners who have developed new technological advances in all areas
of the energy industry.”

ABOUT ACACIA RESEARCH CORPORATION

Acacia Research Corporation’s subsidiaries partner with inventors and patent
owners, license the patents to corporate users, and share the revenue. Acacia
Research Corporation’s subsidiaries control 250 patent portfolios, covering
technologies used in a wide variety of industries.

Information about Acacia Research Corporation and its subsidiaries is
available at www.acaciaresearchgroup.com and www.acaciaresearch.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995

This news release contains forward-looking statements within the meaning of
the “safe harbor” provisions of the Private Securities Litigation Reform Act
of 1995. These statements, including those of Mr. Ryan pertaining to the
energy industry as a significant new market for expansion of our patent
licensing business, and statements about Acacia’s plans to partner with patent
owners in the energy industry, are based upon our current expectations and
speak only as of the date hereof. Our ability to expand into the energy
industry and partner with patent holders in the same industry, and our actual
results related thereto, may differ materially and adversely from those
expressed in any forward-looking statements as a result of various factors and
uncertainties, including the ability to gain expertise, successfully develop
licensing programs and attract new business within and throughout the energy
industry, rapid technological change in relevant markets especially the energy
industry, changes in demand for current and future intellectual property
rights, legislative, regulatory and competitive developments addressing
licensing and enforcement of patents and/or intellectual property in general
and with respect to technologies and advancements prevalent within the energy
industry, the recent economic slowdown affecting technology companies and the
energy industry, and general economic conditions. Our Annual Report on Form
10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current
Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of the
important risk factors that may affect our business, results of operations and
financial condition. We undertake no obligation to revise or update publicly
any forward-looking statements for any reason.

Contact:

Acacia Research Corporation
Rob Stewart
Investor Relations
Tel (949) 480-8300
Fax (949) 480-8301
or
Media Contact:
SpecOps Communications
Adam Handelsman
President & Founder
(212) 518-7721
adam@specopscomm.com
 
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