SOURCE: MDB Capital Group

MDB Capital Group

February 27, 2014 09:00 ET

MDB Capital Group Appoints Michael Chernoff as CIPO

Chernoff to Oversee All Patent Portfolio Development for MDB IP Development Services Clients

DALLAS, TX--(Marketwired - Feb 27, 2014) - MDB Capital Group, LLC is pleased to announce that Michael Chernoff, former Director of Patent Operations for Accenture, has joined the MDB team as its Chief Intellectual Property Officer (CIPO). In his new role, Chernoff will oversee all patent portfolio development for MDB IP Development Services (IPDS) division clients. 

MDB's IPDS division was formed in 2011 to facilitate development of patent portfolios for disruptive technology companies, enabling them to become the dominant leader in their respective technology areas. For technology companies seeking to bolster their IP portfolio, IPDS provides a platform that enables unprecedented IP development efficiency with superior quality at unmatched speed and scale.

"We are very pleased to have Michael join our team. His skills and experience in IP development and protection make him a great fit for MDB," said Chris Marlett, Co-Founder and CEO of MDB Capital Group. "Our IPDS division is positioned to be the premier IP development platform for emerging and established technology companies alike, and Michael joins us at a time when we are poised to significantly expand operations of this division."

Michael Chernoff brings over 20 years of experience in the field of intellectual property to his role at MDB. Prior to leading the patent team at Accenture, he served as an Associate Patent Counsel for a large telecommunications company and also as an Associate at a boutique IP law firm. Chernoff began his career as a Patent Examiner at the U.S. Patent and Trademark Office.

About MDB Capital Group -- Seeing value others do not. Creating value others cannot.

MDB Capital Group is Wall Street's only IP-focused investment bank and has over 15 years of experience launching development stage disruptive technology companies into the public markets. MDB maximizes the value of disruptive technology companies by positioning them to attract growth capital, strengthening their patent portfolios to create sustainable competitive advantages, and connecting them with a base of high-quality investors with deep technology expertise. For more information on MDB Capital Group, visit www.mdb.com.

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