Chipworks President Julia Elvidge and Founder and CEO Terry Ludlow Cited as World's Foremost IP Strategists

OTTAWA--(Marketwire - Jun 27, 2011) - Chipworks (www.chipworks.com), the world's leader in reverse engineering and patent infringement analysis for semiconductors and microelectronic systems, announced that Julia Elvidge, President, and Terry Ludlow, Founder and CEO, were recognized as two of the world's preeminent intellectual property strategists for the third consecutive year by Intellectual Asset Management (IAM) magazine in its "IAM 250 - A Guide to the World's Leading IP Strategists."

"Many people call themselves IP strategists; far fewer can devise game-changing plans and then deliver on them," commented Joff Wild, editor of IAM magazine. "Top-flight IP strategists have a fully rounded approach to IP management and value creation, and how both should be aligned to overall business strategy.

The IAM 250 recognizes individuals who offer world-class services related to the development and implementation of strategies that enable IP owners to maximize the value of their portfolios. To be considered, individuals had to be nominated by three professionals working in unrelated organizations. Only those individuals whom further research revealed to have exceptional skill sets -- as well as profound insights into the development, creation and management of IP value -- were named to the final list of 250 world's best strategists.

"We are honored to be included in the IAM 250 and to be recognized for the extraordinary value Chipworks brings to companies seeking to strengthen their patent licensing position," noted Elvidge and Ludlow.

About Chipworks

Chipworks is the recognized leader in reverse engineering and patent infringement analysis of semiconductors and electronic systems. The company's ability to analyze the circuitry and physical composition of these systems makes it a key partner in the success of the world's largest semiconductor and microelectronics companies. Intellectual property groups and their legal counsel trust Chipworks for success in patent licensing and litigation -- earning hundreds of millions of dollars in patent licenses, and saving as much in royalty payments.