SOURCE: Goldman Small Cap Research, Inc.

November 05, 2013 08:30 ET

Goldman Small Cap Research Initiates Coverage of Endeavor IP, Inc.

BALTIMORE, MD--(Marketwired - Nov 5, 2013) - Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, announced today that it has recently initiated research coverage of Endeavor IP, Inc. (OTCQB: ENIP), is engaged in the protection of intellectual property in the United States. The intellectual property covers wireless communication technologies and remote access energy monitoring systems. The Company actively pursues licensing revenues by providing a license to its intellectual property to those entities that wish to acquire a right to use the technology. The intellectual property was acquired from third parties and includes U.S. issued patents and applications.

The Company owns patents that cover key segments of the wireless communications and fast-growing smart energy meter monitoring spaces. Endeavor IP has already entered into four settlement and license agreements generated by the patent portfolio currently being enforced by Endeavor IP's wholly-owned subsidiary, Endeavor Meshtech Inc., which confirms there is meaningful IP value inside the Company. Endeavor IP has filed multiple patent infringement lawsuits, including against the well-known Con Edison Solutions. The Con Edison Solutions suit has been included in the federal patent pilot program which may lead to an expedited resolution.

In the Goldman Opportunity Research report on the Company, analyst Rob Goldman outlines his investment thesis.

"With the execution of its patent enforcement program, along with the potential of additional IP acquisition and licensing opportunities, we believe that ENIP is a great pure play technology IP stock that could ultimately provide substantial licensing revenue. As the model moves forward, we believe ENIP will enjoy success similar to noted technology IP stocks Vringo and Wi-LAN which carry market caps in the hundreds of millions."

This press release contains excerpts of our most recently published research report on Endeavor IP. To view the sponsored research report, disclosures and disclaimers, or to download the report in its entirety, please visit www.goldmanresearch.com.

About Goldman Small Cap Research: Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and micro cap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.

A Goldman Small Cap Research report, update, newsletter, or article is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other agency. To download our research, view our disclosures, or for more information, visit www.goldmanresearch.com.

About Endeavor IP, Inc. (OTCQB: ENIP): 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 Half Moon Bay, CA.

For more information, visit the Company's website: www.enip.com

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