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Acacia Subsidiary Enters into Settlement Agreement with Grandstream Networks, Inc.



  Acacia Subsidiary Enters into Settlement Agreement with Grandstream
  Networks, Inc.

Business Wire

NEWPORT BEACH, Calif. -- July 5, 2013

Acacia Research Corporation (Nasdaq: ACTG) announced today that its Brandywine
Communications Technologies LLC subsidiary has entered into a settlement
agreement with Grandstream Networks, Inc. This agreement resolves patent
litigation that was pending in the United States District Court for the
District of Delaware.

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 over 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 may contain forward-looking statements within the meaning of
the “safe harbor” provisions of the Private Securities Litigation Reform Act
of 1995. Such statements are based upon our current expectations and speak
only as of the date hereof. Our actual results may differ materially and
adversely from those expressed in any forward-looking statements as a result
of various factors and uncertainties, including the recent economic slowdown
affecting technology companies, our ability to successfully develop products,
rapid technological change in our markets, changes in demand for our future
products, legislative, regulatory and competitive developments 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:

Investor Relations:
Acacia Research Corporation
Rob Stewart
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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