New York, NY, August 13, 2015 --(PR.com
)-- Market Square IP Ltd., a leading player in the market for monetizing patent assets that have been slated to be abandoned, announced today that Dr. William Rosenberg has joined the company as a Senior Advisor focused on the Market Square IP offering to Technology Transfer Organizations (TTOs) and other strategic business areas.
Market Square IP provides an innovative solution to IP owners who have made a strategic decision to no longer continue to invest in some of their patent assets be they pending applications or granted patents. Market Square IP can help these IP owners monetize these assets and enjoy a financial return on their investment as an alternative to abandonment and writing off the financial loss.
“Dr. Rosenberg’s experience and expansive knowledge of the TTO sector will allow us to develop and deliver our patent monetization solution to TTOs in a highly effective way and provide them with an alternative solution for their slated to be abandoned patent assets,” stated Mark Simon, CEO of Market Square IP. “Along with deal flow being generated via IP Firms, Bankruptcy Trustees and VCs, TTOs are a critical source for our business and we believe Dr. Rosenberg will help us enhance and grow our business via this channel.”
Dr. Rosenberg was the Executive Director of the Office of Technology Commercialization & Ventures at the University of Massachusetts, responsible for commercialization of technologies developed at its five campuses. Dr. Rosenberg developed the initial strategy and oversaw the Massachusetts Technology Transfer Center, which works with all research institutions in the state, assisting them with commercializing their technologies.
“Most TTOs are faced with the difficult decision on whether or not to abandon patent assets. Market Square IP provides a great alternative,” stated Dr. Rosenberg. “I believe that all TTO professionals can utilize this novel business channel and potentially receive a financial return on their IP investments rather than abandoning the patents, as is commonly done today.”
Dr. Rosenberg created the CVIP Technology Development Fund, which has awarded grants to investigators to develop commercially promising technologies and also managed the UMass Equity Seed Fund. Dr. Rosenberg co-created the UMass Entrepreneurship Commons to raise entrepreneurship across the campuses and increase the number of startups at UMass.
Dr. Rosenberg has a Ph.D. in Organic Chemistry from Brandeis University, a BS in Chemistry from Brooklyn College and was a fellow of the Belgian American Educational Foundation for a post-doc at the Catholic University of Louvain, Belgium.
About Market Square IP:
Market Square IP Ltd (Market Square IP) is a specialized patent monetization company with a focus on active patent assets, (both patent applications and granted patents) that have been slated to be abandoned by their owners, yet are deemed to have commercial value in the marketplace. To learn more please visit www.market2ip.com.