CUPERTINO, CA--(Marketwired - Feb 25, 2014) - Inventergy, Inc., an intellectual property acquisition and licensing company, announced today the appointment of Mr. Fran Barton and Mr. Robb Knie and a re-affirmation of Mr. Marshall Phelps to the company's Board of Directors.
"I am extremely pleased to welcome all of our board members, and I look forward to their invaluable expertise in the fields of IP, telecommunications, and capital markets," stated Mr. Joe Beyers, Chairman and CEO of Inventergy. "The sterling reputations and long-standing industry relationships of our Board of Directors will, among other things, provide us important further entrées to licensing discussions, provide improved access to the capital markets and solidify our fiscal management.
"Our goal at Inventergy is to provide significant value creation for the IP licensing market, in a manner that reflects the professionalism of the Global Fortune 500 companies whose innovations power Inventergy's patent portfolios. I believe that the reputations and experience of this collective group best positions us to realize that goal," Mr. Beyers continued.
Marshall Phelps, who originally joined the Inventergy board in May 2013, is a leading world figure in the field of intellectual property management and performance, pioneering many of its leading strategies, generating unprecedented results and heading IP business and related activities at IBM and Microsoft. As CEO and Board Member of Article One Partners, he is actively engaged in helping businesses and governments improve patent quality and improve the Patent System. In his prior work as Corporate Vice President at IBM, Mr. Phelps was, responsible for overseeing the management of one of the world's largest intellectual property portfolios. In his tenure at IBM he grew the IBM IP licensing income to more than $2 billion annually. Prior to heading the IP business, he served IBM as Director of Government Relations in Washington and as Vice President of Asia Pacific operations in Tokyo. At Microsoft, Mr. Phelps authored a book which highlights how he transformed the IP strategy at Microsoft titled "Burning the Ships: Transforming Your Company's Culture Through Intellectual Property Strategy." In addition, he was inducted into the Intellectual Asset Management's (IAM) IP Hall of Fame as an individual who has "made an outstanding contribution to the creation of today's global IP system."
Fran Barton has a wealth of experience in financial management of publicly traded companies having been previously the Chief Financial Officer of Advanced Micro Devices, Broadvision, Atmel and UTStarcom. He is currently the CEO of the executive consulting firm Barton Business Consulting LLC. and is a member of the boards of several other private and publicly traded companies. As head of the Inventergy Audit Committee and the Lead Independent Director, Mr. Barton 's role is to provide an independent, experienced and professional oversight of the Inventergy financial and board processes.
Rob Knie brings more than 20 years of equity markets experience. Mr. Knie is an entrepreneur and investor and is well connected to the capital markets. Mr. Knie is a general partner of Lifeline Ind. Inc. He was previously a semiconductor and telecommunications analyst for PAW Partners, a New York-based hedge fund, and a Regional Manager for American Express Financial Advisors. Mr. Knie has been featured repeatedly on CNBC, Bloomberg, The Wall Street Journal and Forbes Magazine as an independent equity analyst.
About Inventergy Inc.
Inventergy Inc. is an intellectual property acquisition and licensing company dedicated to identifying, acquiring and licensing the patented technologies of market-significant technology leaders. Led by IP industry pioneer and veteran Joe Beyers, former head of IP and global strategy at Hewlett-Packard, the company leverages decades of experience, market and technology expertise, and industry connections to assist Fortune 500 companies in leveraging the value of their innovations to achieve greater returns. Inventergy aspires to enable a new world of IP value creation built upon a more transparent, above-board and ethical business platform. Inventergy's current portfolio now contains over 660 patent assets (including patents related to industry standards), from two Fortune Global 500 and Gartner-recognized technology leaders in the telecommunications industry. For more information about Inventergy, visit the website at www.inventergy.com.
This press release contains statements, estimates, forecasts and projections with respect to future performance and events, which constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Those statements include statements regarding the intent and belief or current expectations of the Company and its affiliates and subsidiaries and their respective management teams. These statements may be identified by the use of words like "anticipate", "believe", "estimate", "expect", "intend", "may", "plan", "will", "should", "seek" and similar expressions and include any projections or estimates set forth herein. Investors and prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, that actual results may differ materially from those projected in the forward-looking statements.
Director, Investor Relations