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Non-Tech : RPX Corporation

RPXC 10.48

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Jun 20 4:00 PM EDT

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From: JakeStraw	4/6/2012 8:27:16 AM
	of 20

RPX Completes Transaction with Altitude Capital finance.yahoo.com The transaction will increase RPX’s total portfolio of patent assets by more than 30%. The company will not increase headcount or ongoing operating expenses as a result of the acquisition. “This transaction represents immediate substantial savings and value creation for a significant portion of our client network by acquiring and neutralizing a large patent portfolio and pre-empting the future activity of a highly successful NPE,” said John A. Amster, Chief Executive Officer of RPX. “This innovative transaction demonstrates that we are executing our vision for a more rational marketplace where prolonged litigation is not required for a fair exchange of patent value. Our approach to negotiating long-term, restrictive covenants ensures that our investment is not recycled to create more patent litigation and expense for our client network.” The portfolios to be acquired cover a broad range of technologies including Mobile Handsets, TVs, Cameras, PCs, Media Players, Content Delivery, Video-on-Demand, Internet Streaming, and Enterprise Networks.

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