Spherix Launches New Patent Licensing Initiative
SPHERIX (SPEX)
US:NASDAQ Investor Relations:
spherix.com/investors.php
Company Research
Source: PR Newswire
NEW YORK, Oct. 19, 2016 /PRNewswire/ -- Spherix Incorporated (Nasdaq: SPEX) an intellectual property development company committed to the fostering of technology and monetization of intellectual property, today announced the formation of Spherix Management Services, Inc., a wholly owned subsidiary focused on helping inventors and small companies manage their IP monetization programs. Mr. Anthony Hayes, Chief Executive Officer of Spherix, stated, "Spherix has developed a strong reputation in the industry for its specialized knowledge of the patent licensing process and its robust monetization strategy. Over the last few years, we have cultivated a wealth of managerial depth and legal know-how that would be beneficial to other companies. In response to the market demand that we have received from industry participants, we have decided to move forward with a new initiative that will help navigate clients through the complex path of patent licensing. This initiative will help clients grow
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