Acacia Subsidiary Acquires Rights to Patents for Lighting Ballast ...

Tag : Lighting
Acacia Research Corporation (Nasdaq:ACTG) announced today that itssubsidiary, Acacia Patent Acquisition LLC, has acquired rights topatents relating to lighting ballast technology.

"Acacia continues to grow its base of future revenues by adding newpatent portfolios," commented Paul Ryan, Acacia Chairman and CEO."As our licensing success grows, more companies are selecting us astheir partner for the licensing of their patented technologies,"concluded Mr. Ryan.

This patented technology generally relates to controlling power tofluorescent lamps. The technology may be used in lighting ballastsfor industrial applications.

ABOUT ACACIA RESEARCH CORPORATION

Acacia Research's subsidiaries develop, acquire, and licensepatented technologies. Acacia Research's subsidiaries control 98patent portfolios, which include U.S. patents and certain foreigncounterparts, covering technologies used in a wide variety ofindustries.

Information about Acacia Research is available atwww.acaciatechnologies.com and www.acaciaresearch.com.

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This news release contains forward-looking statements within themeaning of the "safe harbor" provisions of the Private SecuritiesLitigation Reform Act of 1995. These statements are based upon ourcurrent expectations and speak only as of the date hereof. Ouractual results may differ materially and adversely from thoseexpressed in any forward-looking statements as a result of variousfactors and uncertainties, including the recent economic slowdownaffecting technology companies, our ability to successfully developproducts, rapid technological change in our markets, changes indemand for our future products, legislative, regulatory andcompetitive developments and general economic conditions. OurAnnual Report on Form 10-K, recent and forthcoming QuarterlyReports on Form 10-Q, recent Current Reports on Forms 8-K and8-K/A, and other SEC filings discuss some of the important riskfactors that may affect our business, results of operations andfinancial condition. We undertake no obligation to revise or updatepublicly any forward-looking statements for any reason.