×

Warning

JUser: :_load: Unable to load user with ID: 63
Monday, 30 January 2006 09:04

QPSX raises $2.5M to fund IPR assertion

By
QPSX has announced plans to accept subscriptions for over 22 million shares at 11 cents per share to raise $2.5 million.

It said the majority of the shares would be placed with a major international equity investor based in London and the remainder to other international investors. The price represents a 12 percent premium to the average of recent trading prices.

QPSX says its focus is "the profitable commercialisation of a range of physical and life science technologies on a global basis" and that it "identifies valuable intellectual property from research institutions and companies across Asia Pacific, and realises value through international IP licensing programs and the formation of spin-out companies."

However its initial focus, and much of its effort and expenditure to date, has gone into attempting to assert its intellectual property rights over several established and widely used technologies. It has recently shown some signs of success, with the granting of a US patent, but has yet to secure any significant licensing revenue from these endeavours.

CEO, Graham Griffith said the funds raised would provide additional working capital to support the company's efforts and the move demonstrated "recognition of the value in the company's intellectual property portfolio...The global nature and potential of QPSX's licensing business is increasingly being understood, especially amongst international investors."


Subscribe to ITWIRE UPDATE Newsletter here

GRAND OPENING OF THE ITWIRE SHOP

The much awaited iTWire Shop is now open to our readers.

Visit the iTWire Shop, a leading destination for stylish accessories, gear & gadgets, lifestyle products and everyday portable office essentials, drones, zoom lenses for smartphones, software and online training.

PLUS Big Brands include: Apple, Lenovo, LG, Samsung, Sennheiser and many more.

Products available for any country.

We hope you enjoy and find value in the much anticipated iTWire Shop.

ENTER THE SHOP NOW!

INTRODUCING ITWIRE TV

iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.

We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.

In addition, your interview post message can be displayed in up to 7 different post displays on our the iTWire.com site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.

We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.

See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.

SEE WHAT'S ON ITWIRE TV NOW!

BACK TO HOME PAGE

Share News tips for the iTWire Journalists? Your tip will be anonymous

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments