SOURCE: Marathon Patent Group

November 11, 2015 08:30 ET

Marathon Patent Group's Subsidiary, Selene Communication Technologies, LLC, Enters Into Settlement and License Agreement With Trend Micro Incorporated

LOS ANGELES, CA--(Marketwired - Nov 11, 2015) - Marathon Patent Group, Inc. (NASDAQ: MARA) ("Marathon"), a patent licensing company, announced today that on November 9, 2015, the company's subsidiary Selene Communication Technologies, LLC, entered into settlement and license agreement with Trend Micro Incorporated.

Trend Micro Incorporated and Trend Micro America, Inc. are licensed to certain Selene Communication Technologies, LLC patents. The consideration to be paid by Trend Micro Incorporated to Selene Communication Technologies, LLC and all other terms of the license agreement are confidential.

Selene Communication Technologies, LLC's U.S. patent assets include U.S. Patent Nos. 7,143,444, 7,177,867, and 6,363,377.

About Marathon Patent Group
Marathon is a patent acquisition and monetization company. The Company acquires patents from a wide-range of patent holders from individual inventors to Fortune 500 companies. Marathon's strategy of acquiring patents that cover a wide-range of subject matter allows the Company to achieve diversity within its patent asset portfolio. Marathon generates revenue with its diversified portfolio through actively managed concurrent patent rights enforcement campaigns. This approach is expected to result in a long-term, diversified revenue stream. To learn more about Marathon Patent Group, visit www.marathonpg.com.

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