HALF MOON BAY, Calif., Nov. 5, 2013 (GLOBE NEWSWIRE) -- Endeavor IP, Inc. (OTCBB:ENIP), an intellectual property services and patent licensing company, announced today that it has engaged Hayden IR, a fifteen-year old, highly recognized, national investor relations firm, to raise its visibility, strengthen its relationships with the investment community and provide strategic corporate advisory services.
"Over the past year, we have taken the necessary steps to better position us for growth and reward shareholders. In parallel to Endeavor IP becoming a public company in May 2013, we acquired four patents and one pending patent," said Cameron Gray, the Company's Chief Executive Officer. Mr. Gray continued to say, "We have filed patent infringement lawsuits against Aclara Technologies, Inc., Sensus USA, Inc., Itron, Inc. and Elster Solutions LLC asserting claims of patent infringement related to U.S. Patent No. 7,379,981, entitled "Wireless Communication Enabled Meter and Network" and Con Edison Solutions asserting claims of patent infringement related to U.S. Patent No. 7,336,201, entitled "Remote Access Energy Meter System and Method." We believe it is an appropriate time to retain a national investor relations firm to help us target and expand our investor audience and ensure we are communicating effectively with Wall Street. We look forward to working with the team of professionals at Hayden IR to execute this important goal."
With offices in New York, Phoenix, Minneapolis and San Diego, Hayden IR provides a comprehensive range of investor relations services to emerging growth companies. Hayden IR connects undervalued emerging growth companies with institutions, hedge funds, independent portfolio managers, buy-side and sell-side analysts, family offices, retail brokerage firms and accredited individual investors. For more than a decade, Hayden IR has been a recognized leader in driving market recognition and creating sustainable competitive advantages for more than 100 micro- and small-cap companies. Hayden delivers expertise and professionalism in such areas as investor management, relationship building, awareness campaigns, online presence and corporate identity. Hayden's team of IR professionals draw from "Wall Street," finance, agency and media backgrounds and continuously strive to maximize the ongoing corporate visibility and market capitalization of clients though a comprehensive, multi-tier proactive program.
Stephen Hart, VP of Capital Markets Advisory, of Hayden IR, added, "Endeavor IP represents a compelling value and emerging growth opportunity in the intellectual property services and patent licensing sector. Other micro and small cap public companies in the IP patent and licensing space have recently been drawing the attention of investors. Led by CEO Cameron Gray, with his background and network of relationships in patent law, Endeavor IP is well positioned for continued growth over the next few years. The team at Hayden IR looks forward to articulating this opportunity to the professional investment community."
Endeavor IP, Inc.
Endeavor IP, Inc. is an intellectual property services and patent licensing company that is engaged in the acquisition and licensing of intellectual property. Endeavor is based in Half Moon Bay, CA. http://www.enip.com.
Forward-Looking Statements
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"), not limited to Risk Factors relating to its patent business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.