SOURCE: Endeavor IP, Inc.

Endeavor IP, Inc.

March 19, 2015 07:00 ET

Endeavor IP, Inc.'s Wholly-Owned Subsidiary, Endeavor MeshTech, Inc., Enters Into Patent License and Settlement Agreement With Eaton Corporation

NEW YORK, NY--(Marketwired - March 19, 2015) - Endeavor IP, Inc. (OTC PINK: ENIP) ("Endeavor"), an intellectual property services and patent licensing company, announced today that its wholly-owned subsidiary Endeavor MeshTech, Inc. ("MeshTech") has entered into a license and settlement agreement with Eaton Corporation ("Eaton").

"The license and settlement agreement with Eaton highlights that Endeavor has continuously and successfully performed its underlying business -- monetizing and licensing intellectual property," said Franciscus Diaba, Chief Executive Officer of Endeavor. "With the announcement of the license and settlement agreement with Eaton, we have successfully settled six lawsuits in the last eight months, related to the MeshTech patent portfolio," continued Franciscus Diaba. "We will continue to work hard on monetizing our patent portfolio and delivering results in our business. In addition, we will strive to maintain frequent communications with our shareholders, as we value the support of our shareholders," stated Mr. Diaba.

About Endeavor IP, Inc.
Endeavor IP, Inc. is an intellectual property services and patent licensing company that is engaged in the acquisition and licensing of intellectual property. Endeavor is based in New York, NY. 
www.enip.com

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