OCEAN TOMO EXPANDS VALUATION TEAM AND PRACTICE REFLECTING GROWING ROLE IP PLAYS IN CORPORATE TRANSACTIONSFirm's Prediction of Need for Intellectual Property Appraisals in Rebounding Market Holds True
CHICAGO, May 6, 2010 - Ocean Tomo, LLC, the nation's premiere Intellectual Capital Merchant Banc™ firm, announced the expansion of its Valuation Practice Group to include additional Intellectual Property (IP) expertise related to non-patent assets and access to tangible asset appraisers to provide end-to-end solutions, including opinions for financial reporting, tax, merger and acquisition planning, litigation planning and support, as well as fairness opinions for large corporate transactions.
Following the firm's ground-breaking announcement of fixed fee appraisals for patents and technology, today's news completes the planned realignment of the firm's Valuation Practice Group.
New Managing Director, Roy D'Souza, leads the Valuation Practice Group, overseeing teams in Chicago and San Francisco. D’Souza brings a wealth of experience in the valuation arena, focusing on intangible and tangible assets for financial reporting, tax matters, M&A, litigation, financing, and general business planning. Prior to joining Ocean Tomo, D'Souza led the corporate services practice at AccuVal Associates, Inc. Before that he worked for ten years at KPMG in various managerial roles, as well as Coopers & Lybrand and Comdisco in tax management roles.
"I am excited to be in this position," D'Souza proclaims. "Ocean Tomo's unique position as a market maker and its proprietary PatentRatings® system allow for more efficient analysis grounded in real world experience. Other firms will need to reinvent themselves to compete."
Joining D'Souza is Ms. Elise Neils and Mr. Brad Sarna from the brokerage arm of Marsh and McLennan. Neils takes on Director responsibilities for brand, trademark and naming right appraisals. Ocean Tomo's Valuation Practice Group is finding significant increased activity for the appraisal of complete and large IP portfolios in support of Fortune 500 M&A activity.
"With innovative product offerings and full service capability, Ocean Tomo has once again publicly set forth and delivered industry-leading strategy," reports James E. Malackowski, Ocean Tomo Chairman & CEO.
The Valuation Practice Group is expanding outreach to qualify the firm's clients for listing as Qualified Equities on the Intellectual Property Exchange International (IPXI), Inc. Firms which have already been qualified for listing include Alcatel-Lucent (NYSE: ALU), Amazon.com (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), Dell Inc. (NASDAQ: DELL) , Hewlett-Packard Company (NYSE: HPQ), and more.
About Ocean Tomo, LLC
Established in 2003, Ocean Tomo, LLC (www.OceanTomo.com) is the leading Intellectual Capital Merchant Banc™ firm. The company provides financial products and services related to Intellectual Property, including financial expert testimony, valuations, research, ratings, investments, risk management and transactions.
Headquartered in Chicago, Ocean Tomo has offices in Boston, Greenwich, Orange County, Paris, and San Francisco. Subsidiaries of Ocean Tomo include: Ocean Tomo Risk Management, LLC; OTI Data Networks, LLC (www.OTI.com) ; Patent Marking LLC; (www.PatentMarking.com); Ocean Tomo Asset Management, LLC; and Ocean Tomo Capital, LLC – publisher of the Ocean Tomo 300® Patent Index Family. Ocean Tomo is the founder and majority owner of the Intellectual Property Exchange International (IPXI), and the exclusive licensee and distributor of the PatentRatings® 2.0 system.
About Ocean Tomo PatentRatings
The PatentRatings 2.0 system (www.PatentRatings.com) is designed for objectively assessing patent quality, relative value, relevant patents and technologies, competition, and competitive trends. Built upon proprietary methodologies derived from assessing the entire universe of U.S issued patents, the system is market validated and used by major global corporations among the top 100 IP holders.
From individual patents and patent portfolios, to technology sectors and companies, the PatentRatings 2.0 system provides unparalleled strategic insights and analysis. No other analysis and research tool combines patent quality metrics with competitive portfolio assessment on a single accessible platform designed for use by corporations, law firms and IP professionals.
About the Intellectual Property Exchange International, Inc.
The Intellectual Property Exchange International, Inc. (IPXI) is the world’s first financial exchange focused on trading Intellectual Property rights. (www.IPXI.com)