“Patent-driven corporate acquisitions are now common. The Ocean Tomo 300® Patent Index not only accounts for this rapidly evolving asset class, it also provides a broad indication of companies already holding key intellectual property,” Jim Malackowski.
Chicago, IL (PRWEB) November 01, 2011
Ocean Tomo, LLC, the Chicago-based provider of diversified intellectual property-related services, announced the reconstitution of the Ocean Tomo 300® Patent Index (OTPAT), the only index based on the value of corporate intellectual property.
The Ocean Tomo 300® Patent Index is a diversified listing of the 300 companies that own the most valuable patent portfolios relative to the book value of the company. The Index provides a meaningful benchmark for the performance of companies in today’s intangible asset-driven economy. Investment is via the Guggenheim Ocean Tomo Patent ETF (OTP).
“Patent-driven corporate acquisitions are now common. The Ocean Tomo 300® Patent Index not only accounts for this rapidly evolving asset class, it also provides a broad indication of companies already holding key intellectual property,” explained James E. Malackowski, Ocean Tomo Chairman and CEO.
Entering its sixth year of publishing the Ocean Tomo 300® Patent Index, Ocean Tomo acknowledges those companies who have contributed to the performance of the index in all six years including: Baker Hughes Inc, JDS Uniphase Corporation, Pfizer Inc., and Tellabs Inc.
A complete list of the 61 companies qualified every year of publishing the index can be found on the Ocean Tomo Insights Blog (http://www.OceanTomo.com/blog).
There are 79 companies contributing to the Ocean Tomo 300® Patent Index for the first time this year. These companies include: 8x8 Incorporated, KT Corporation, Tesla, Coinstar and Steelcase.
The Index is priced and published by the NYSE Euronext (NYSE: OTPAT) and has been recognized by the exchange as the first major broad market index in 35 years. The Index is licensed to Guggenheim, creator of a family of Exchange Traded Funds or ETFs traded on NYSE Arca, (NYSE: OTP and OTR).
About Ocean Tomo, LLC
Established in 2003, Ocean Tomo, LLC, is the Intellectual Capital Merchant Banc™ firm. The company provides financial products and services related to intellectual property, including expert testimony, valuation, research, ratings, investments, risk management strategy and transactions. Ocean Tomo assists clients – corporations, law firms, governments and institutional investors – in realizing Intellectual Capital Equity® value broadly defined.
Headquartered in Chicago, Ocean Tomo has offices in Greenwich, Houston, Orange County, Paris, and San Francisco. Subsidiaries of Ocean Tomo include: Ocean Tomo Risk Management, LLC; Ocean Tomo Asset Management, LLC; OTI Data Networks, LLC; Patent Marking, LLC; and Ocean Tomo Capital, LLC – publisher of the Ocean Tomo 300® Patent Index family. Ocean Tomo is the founder of the Intellectual Property Exchange International (IPXI), Inc. as well as the exclusive licensee and distributor of the PatentRatings® system
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