Palm CTO Scheduled to Present at IP Conference
Palm, Inc. will be featured as a special presenter at MDB Capital Group's Bright Lights Conference on May 11, 2010 at the Palace Hotel in San Francisco. Bright Lights will feature more than 40 of the "Best and Brightest" IP leaders identified by MDB's PatentVest IP intelligence platform as possessing technology leadership and potentially disruptive innovation. Palm's Software CTO, Mitch Allen, will share his insights on Palm's IP leadership and path of innovation where he has worked for the past decade. Mr. Allen has led the development of Palm webOS from conception to implementation.
Pete Conley, Managing Director of MDB Capital, will also present his analysis of Palm's IP portfolio and the value of its technology pipeline, using MDB Capital's proprietary PatentVest IP intelligence platform. "Palm's IP is ranked in the 99.5th percentile of over 4,000 companies rated by PatentVest," said Mr. Conley. "Based on PatentVest's comparative valuation analysis, we believe the value of Palm's IP alone is worth between $8 -$9 per share."
The Bright Lights Conference will showcase the untold IP stories of over 40 public companies ranking in the 90th percentile for technology leadership from over 1,600 small cap companies with U.S. patents granted, as rated by PatentVest.
"MDB's goal is to advance the capital market's understanding of the hidden value of intellectual property assets and future technology leadership," said Christopher Marlett, Chairman and CEO of MDB Capital Group. "We are proud to have Palm, Inc. as our "Special Presenter". Palm and the rest of our presenting companies represent IP leadership and the prospect of enterprise growth and value to current and prospective investors."
The Bright Lights Conference will be held on May 11-12, 2010 at the Palace Hotel in San Francisco. Company presentations and one-on-one investors meetings will take place at this invitation-only event. MDB will also provide insightful IP analysis and objective data regarding the "Best and Brightest" companies presenting. For more information about the conference and the list of presenting companies, visit http://mdb.com/bright-lights-conference.html.
Source: MDB Press Release.