MDB Capital Group Ranks Digimarc in the 99.8th percentile of over 4,000 companies in its PatentVest analysis of US Patents
Beaverton, OR — March 5, 2010 — Digimarc Corporation (NASDAQ: DMRC) has been ranked among the top companies in intellectual property leadership. The list was published by the MDB Capital Group when announcing its upcoming Bright Lights Conference, at which Digimarc will present. Bright Lights is the first-ever public company conference of its kind — a conference where small cap companies are chosen to present on the basis of their (often hidden) IP value and potential for market-changing innovation.
Digimarc ranks in the 99.8th percentile from over 4,000 companies for IP leadership as defined by high patent breadth (number of grants >450), high patent growth (number of applications >280) and high patent impact (Tech Score >2.8) in MDB's PatentVest evaluation methodology. Only 5 other companies ranked at Digimarc's level, all of whom have market caps exceeding $3 billion, including Verizon, Yahoo!, and Time Warner.
"Although 165 companies met the qualifying criteria to merit an invitation to the Bright Lights Conference, no other Bright Lights invitee possesses the combined IP leadership attributes that Digimarc does, or the degree of IP value," commented Chris Marlett, Chairman and CEO, MDB Capital Group. "When one looks at the markets served by Digimarc, particularly given the impact of ubiquitous computing, the opportunities for value creation are profound. Needless to say, we are excited to be able to showcase Digimarc at the conference."
The primary selection metric used for Bright Lights is PatentVest's Tech Score, MDB's proprietary measure of the industry impact of a company's patents based upon the analysis of patent citations relative to its peer group of patents. According to MDB, PatentVest is the product of over $4 million and 75,000 man-hours of development to build the most powerful patent database, search engine and analytic platform in the world, covering over 4,000 public and private companies, 4 million U.S. patents and 2 million U.S. patent applications. The selection process also included an analysis of a company's three-year Patent Application CAGR, the number of patents granted, patent applications on file, and Application Conversion Ratio.
"I am very pleased by this acknowledgement of the innovative work of our engineers and skillful portfolio development by our IP legal department," said Bruce Davis, Chairman and CEO, Digimarc. "This recognition reflects Digimarc's commitment to innovation and our continued success in fostering shareholder value by building valuable long term assets to improve society and the economy."
Digimarc Corporation (NASDAQ:DMRC), based in Beaverton, Oregon, is a leading innovator and provider of enabling technologies that create digital identities for all forms of media and many everyday objects. The embedded digital IDs are imperceptible to humans, but not to computers, networks and devices like mobile phones, which can now use cameras and microphones as sensory inputs to "see, hear and understand" the world around them within the context of their environment. Digimarc has built an extensive intellectual property portfolio with patents in digital watermarking, content identification and management, media and object discovery to enable ubiquitous computing, and related technologies. Digimarc develops solutions, licenses its intellectual property, and provides development services to business partners across a range of industries. For more information, please visit www.digimarc.com.
With the exception of historical information contained in this release, the matters described in this release contain various "forward-looking statements." These forward-looking statements include statements regarding our backlog and our positioning for the year ahead and other statements identified by terminology such as "will," "should," "expects," "estimates," "predicts" and "continue" or other derivations of these or other comparable terms. These forward-looking statements are statements of management's opinion and are subject to various assumptions, risks, uncertainties and changes in circumstances. Actual results may vary materially from those expressed or implied from the statements in this release as a result of changes in economic, business and/or regulatory factors. More detailed information about risk factors that may affect actual results is set forth in the Company's Form 10-K for the year ended December 31, 2009 and in subsequent periodic reports filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's opinions only as of the date of this release. Except as required by law, Digimarc undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that may arise after the date of this release.
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