DALLAS, May 26, 2013 (GLOBE NEWSWIRE) -- IPNav, the world's leading full service patent monetization firm, announced today the launch of a website in Korean, http://kr.ipnav.com/.
South Korea has emerged as one of the top countries in the world for innovation. In 2012 Korea's Samsung Electronics Co. was granted 5,081 US patents – second only to IBM. Another Korean company, LG Electronics, was also among the top ten companies in the world in terms of number of US patents granted in 2012. A study published by Bloomberg in early 2013 that ranked the most innovative countries in the world based on a formula that took into account patent activity and investment in R&D, among other measures, ranked South Korea as the second most innovative country in the world, behind only the United States. Korea has been an acknowledged innovator in cell phone technology since 1999, when the first cell phone to include a built-in MP3 player was brought to the market by Samsung. The world's first completely touch screen phone was LG's KE850 – not the iPhone.
"South Korean patent owners are playing a leading role in technology innovation and IPNav is committed to bringing our solution to this market," said Deirdre Leane, President IP Nav. "Launching a website in Korean is a sign of our commitment to this market and desire to make it easier for existing and prospective clients in Korea to learn about our patent monetization solutions. Many Korean companies have primarily been using their patents for defensive purposes," she added. "We can help them turn their patents into a major new source of revenue."
Recognizing the importance of a global presence in the global IP marketplace, IPNav has offices in the US, Europe, the Middle East, and Asia.
About IPNav:
Established in 2003, IPNav is the world's leading full-service patent monetization firm, helping forward-thinking corporations, universities, organizations and individuals profit from innovation. IPNav's integrated, end-to-end solution turns idle IP assets into revenue streams. Using its proprietary Patent Monetization Platform, IPNav unlocks the value trapped in our clients' IP portfolios – with timetables and objectives set by the client.
For additional information, please visit IPNav's website, www.ipnav.com, or email us at info@ipnav.com.