NEWPORT BEACH, Calif. -- (Business Wire)
Acacia Research Corporation (Nasdaq: ACTG) announced today that its
Unified Messaging Solutions LLC subsidiary has entered into a license
and settlement agreement with Charles Schwab Corporation. This agreement
resolves patent litigation that was pending in the United States
District Court for the Northern District of Illinois.
ABOUT ACACIA RESEARCH CORPORATION
Acacia Research Corporation’s subsidiaries partner with inventors and
patent owners, license the patents to corporate users, and share the
revenue. Acacia Research Corporation’s subsidiaries control 250 patent
portfolios, covering technologies used in a wide variety of industries.
Information about Acacia Research Corporation and its subsidiaries is
available at www.acaciaresearchgroup.com
and www.acaciaresearch.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
This news release may contain forward-looking statements within the
meaning of the “safe harbor” provisions of the Private Securities
Litigation Reform Act of 1995.Such statements are based upon our
current expectations and speak only as of the date hereof.Our
actual results may differ materially and adversely from those expressed
in any forward-looking statements as a result of various factors and
uncertainties, including the economic slowdown affecting technology
companies, our ability to successfully develop products, rapid
technological change in our markets, changes in demand for our future
products, legislative, regulatory and competitive developments and
general economic conditions.Our Annual Report on Form 10-K,
recent and forthcoming Quarterly Reports on Form 10-Q, recent Current
Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of
the important risk factors that may affect our business, results of
operations and financial condition.We undertake no obligation to
revise or update publicly any forward-looking statements for any reason.
Contacts:
Acacia Research Corporation
Rob Stewart
Investor Relations
Tel:
949-480-8300
Fax: 949-480-8301
or
Media Contact:
SpecOps
Communications
Adam Handelsman
President & Founder
212-518-7721
adam@specopscomm.com
Source: Acacia Research Corporation