IPXI® Hosts First Annual Members Meeting Featuring David Kappos as Keynote Speaker

  IPXI® Hosts First Annual Members Meeting Featuring David Kappos as Keynote

Successful Meeting Draws Member Firms from Around the World

PR Newswire

CHICAGO, Sept. 26, 2013

CHICAGO, Sept. 26, 2013 /PRNewswire/ --Intellectual Property Exchange
International, Inc. (IPXI), the world's first financial exchange for licensing
and trading intellectual property (IP) rights, announced that it kicked off
its inaugural Annual Members Meeting in Chicago last night with a keynote
address from David Kappos, former Under Secretary of Commerce to the United
States and Director of the U.S. Patent and Trademark Office (USPTO). The
meeting has drawn officials from dozens of IPXI member firms from all over the
world that include corporations, universities, research laboratories, law
firms and financial institutions.

(Logo: http://photos.prnewswire.com/prnh/20130605/CL26839LOGO )

Taking place at the Four Seasons Chicago, the event will serve as an annual
academic and social event for IPXI's members to converse, learn and create
community around the established support for an efficient and transparent IP

Kappos, now a partner at Cravath, Swaine & Moore LLP in New York, is widely
credited with reforming the USPTO operations and overseeing one of the most
productive periods in the office's history, which included comprehensive
rulemaking and extensive public engagement.

Kappos told IPXI members: "A stable IP system is invaluable for the future of
innovation. There has been substantial growth in IP-intensive industries over
the last several years, and it is time for intellectual property to emerge as
an asset class."

IPXI President and Chief Executive Officer Gerard J. Pannekoek said: "We are
absolutely thrilled at the caliber of our member participants and the dialogue
they are fostering at our first annual meeting. Members have flown in from
around the world, including France, Germany, India, Japan, the Netherlands and
Sweden. We have created something entirely new in the IP world, and we could
never have accomplished this without the extensive involvement of some of the
world's greatest minds in this field."

IPXI continues the meeting today with a range of activities including:

  oSmall group discussions led by IP Hall of Fame members Ruud Peters and
    Marshall Phelps, who also serve on the IPXI Board of Directors. Peters is
    Chief Intellectual Property Officer of Philips, the world leader in
    healthcare, lifestyle and lighting. Phelps led IP business and related
    activities for Microsoft and IBM, two of the world's largest IP owners.
  oAn interactive demonstration of the IPXI trading platform.
  oA luncheon address on standard essential patents and Fair, Reasonable and
    Nondiscriminatory Licensing (FRAND) by James Carmichael and Mark Catan,
    both Principals of Miles & Stockbridge. Carmichael is a former
    Administrative Patent Judge on the Board of Patent Appeals and

About IPXI

IPXI is the world's first financial exchange for licensing and trading
intellectual property rights. The mission of IPXI is to meet the price
discovery, transaction efficiency and data distribution needs of intellectual
property owners, investors and traders by creating the central marketplace for
tradable IP assets. IPXI is funded by a group of U.S. and European investors,
including CBOE Holdings, Inc. (Nasdaq: CBOE) and Koninklijke Philips N.V.
(Philips) (NYSE: PHG). The IPXI Founding Members include some of the world's
leading innovative corporations and most prestigious universities and national
laboratories. For more information on IPXI, please see the Exchange Fact
Sheet or visit www.ipxi.com.

SOURCE Intellectual Property Exchange International, Inc. (IPXI)

Website: http://www.ipxi.com
Contact: Ellen G. Resnick, Crystal Clear Communications, (773) 929-9292; (312)
399-9295 (cell), eresnick@crystalclearPR.com
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