SOURCE: Marathon Patent Group
ALEXANDRIA, VA--(Marketwired - Oct 22, 2013) - Marathon Patent Group, Inc. (OTCBB: MARA) ("Marathon"), a patent licensing company, announced today it has acquired a portfolio consisting of four U.S. patents. This is the third patent portfolio that Marathon, or one of its wholly-owned operating subsidiaries, has acquired in the past four weeks.
The patents relate to process automation in production and enterprise resource planning (ERP). The patents address the ability to enhance ERP and production planning processes through the introduction of adaptive learning processes.
Commenting on the announcement, Doug Croxall, Marathon Patent Group's Chief Executive Officer, stated, "We will continue to focus on building a diversified portfolio of compelling patent assets. This acquisition brings our total number of patent portfolios to seven."
About Marathon Patent Group:
Based in Alexandria, VA, Marathon Patent Group is a patent licensing company serving a wide range of patent owners from Fortune 500 companies to independent inventors. Marathon provides its clients advice and services that enable them to realize financial and strategic returns on their intellectual property rights. Marathon's operating subsidiaries acquire patent assets, partner with patent holders, and monetize patent portfolios through actively managed patent licensing campaigns. To learn more about Marathon Patent Group, visit http://www.marathonpg.com/.
Forward Looking Statements
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