Acacia Research Corporation (Nasdaq:ACTG) announced today that its
subsidiary, Acacia Patent Acquisition LLC, has acquired the rights to
patents for consumer rewards program technology.
"As Acacia's licensing success grows, more patent owners are selecting
us as their partner for the licensing of their patented technologies,"
commented Paul Ryan, Acacia Chairman and CEO. "Acacia is rapidly
becoming the leader in technology licensing and we continue to grow our
base of future revenues by adding new patent portfolios," concluded Mr.
Ryan.
This patented technology generally relates to consumer rewards programs
such as loyalty programs offered by airlines, hotels and credit card
companies and may be used to provide a single source for consumers to
access and utilize applicable benefits under different loyalty programs.
ABOUT ACACIA RESEARCH CORPORATION
Acacia Research’s subsidiaries develop, acquire, and license patented
technologies. Acacia Research’s subsidiaries control over 100 patent
portfolios, covering technologies used in a wide variety of industries.
Information about Acacia Research is available at www.acaciatechnologies.com
and www.acaciaresearch.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
This news release contains forward-looking statements within the
meaning of the “safe harbor” provisions of the Private Securities
Litigation Reform Act of 1995. These 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 recent 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.
Acacia Research Corporation
Rob Stewart, Investor Relations,
949-480-8300
Fax: 949-480-8301
