| SUFFERN,
NY, May 10, 2001 - Two premier intellectual property (IP)
strategy and management firms, General Patent Corporation
(GPC) headquartered in Suffern, New York and Fairfield
Resources International, Inc. (FRI) of Stamford, Connecticut,
have joined forces in a strategic alliance.
"Fairfield Resources International, headed by
the well-known IP licensing pioneer Emmett Murtha, is
one of the finest and most reputable IP strategy firms
in the world," said Alexander Poltorak, Chairman
and CEO of GPC.
"We are delighted to enter into a strategic alliance
with FRI. Our firms complement each other in a number
of ways, and this inherent synergy can now be leveraged
to serve the best interests of our respective clients.
With our focus on patent enforcement and Fairfield's
strength in licensing, this alliance creates a formidable
presence in the intellectual property arena," Dr.
Poltorak added. "We are very pleased with this
partnership with GPC," said Emmett Murtha, President
and CEO of Fairfield Resources International, Inc. "General
Patent Corporation is well known as a successful patent
enforcement firm, and was chosen for this strategic
alliance due to their excellent reputation in the industry."
He added, "We believe that GPC's patent enforcement
and IP management services will be of significant value
to our clients."
About General Patent Corporation
General Patent Corporation is a leading international
IP management firm. GPC provides IP analysis and strategy
to domestic and foreign businesses, universities, research
institutions and inventors. IP management services include
IP strategy, patent licensing and enforcement, IP portfolio
management, and technology transfer. Headquartered in
Suffern, New York, GPC also has offices in Russia and
Hungary.
General Patent Corporation International (GPCI), an
affiliate company of GPC, is a premier contingency patent
enforcement firm. GPCI represents inventors, scientists,
small R&D companies and foreign corporations in
the enforcement of their infringed intellectual property
rights, on a contingency basis. Another affiliate of
GPC, IP Holdings LLC, is a business incubator with a
focus on developing valuable intellectual property.
For further information on GPC, GPCI and IP Holdings
contact Kathy Ingham at General Patent Corporation,
Montebello Park, 75 Montebello Road, Suffern, NY 10901;
telephone: (845) 368-4000 ext. 107; e-mail: info@gpci.com;
or visit www.patentclaim.com.
About Fairfield Resources International, Inc.
Fairfield Resources International, Inc. is recognized
around the world for identifying and capturing the full
value of its clients' intellectual assets. With a staff
of internationally respected intellectual asset strategists,
FRI has both the experience and the perspective to help
clients set and achieve aggressive financial goals for
their entire intellectual asset portfolio.
For further information about Fairfield Resources International,
Inc. contact them at 1 Landmark Square, Stamford, CT
06901; telephone (203) 327-5070; fax (203) 326-4931;
e-mail info@frlicense.com; or visit www.frlicense.com.
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