Marathon Patent Group's Wholly-Owned Subsidiary Vantage Point Technology, Inc. Enters Into a License Agreement Covering 14 Defendants


LOS ANGELES, CA--(Marketwired - Feb 26, 2015) - Marathon Patent Group, Inc. (NASDAQ: MARA) ("Marathon"), a patent licensing company, announced today that its wholly-owned subsidiary, Vantage Point Technology, Inc. ("Vantage Point"), has entered into a license agreement covering 14 defendants.

The consideration to be paid and all other terms of the license agreement are confidential. The Shaked & Co Law Firm represented Vantage Point in the transaction.

Vantage Point's infringement claims regarding U.S. Patent No. 6,615,233 remain pending against Dropbox, Inc., in the United States District Court for the Eastern District of Texas, before Judge Rodney Gilstrap.

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.

About Shaked & Co.:

Shaked & Co. Law Offices is a leading law firm specializing in the technology commercialization arena. The firm is involved in every aspect of its clients' technology development, commercialization, licensing and investment activities. The firm represents local and international entrepreneurs, start-ups, life sciences and high-tech companies, multi-nationals, venture capital funds, angel investors, corporate investors, inventors, patent owners and licensors with respect to all of their corporate, commercial and transactional matters. The firm offers its clients integrated legal services, including corporate and commercial law, intellectual property and patent monetization and licensing, and employment law.

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Contact Information:

CONTACT INFORMATION
Marathon Patent Group
Jason Assad
678-570-6791
Jason@marathonpg.com