The world’s first financial exchange facilitating non-exclusive licensing and trading of intellectual property rights is expected to begin trading this year.  Intellectual Property Exchange International, Inc. (“IPXI”) will offer Unit License Rights™ (“ULRs”), a non-exclusive license of a particular unit base of IP, for trading.  Several major corporations and universities such as Philips Electronics, Com-Pac International, Rutgers University, Northwestern University, and the University of Utah are members of the exchange and have already committed to sponsor ULRs.  The new exchange is expecting to maximize licensing opportunities, improve the efficiency of patent licensing and technology transfer, and assist IP owners with the monetization of their portfolios

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