OTCQB : Enhanced Auction Technologies VPN Multicast Communications. 47 LAWSUITS ACROSS 8 PATENT...

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Transcript of OTCQB : Enhanced Auction Technologies VPN Multicast Communications. 47 LAWSUITS ACROSS 8 PATENT...

  • OTCQB : ITUS

  • FORWARD LOOKING STATEMENT

    Forward-Looking Statements: Statements that are not historical fact may be considered forward-looking statements within the meaning

    of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but rather

    reflect ITUS’s current expectations concerning future events and results. We generally use the words “believes,” “expects,” “intends,”

    “plans,” “anticipates,” “likely,” “will” and similar expressions to identify forward-looking statements. Such forward-looking statements,

    including those concerning our expectations, involve risks, uncertainties and other factors, some of which are beyond our control, which

    may cause our actual results, performance or achievements, or industry results, to be materially different from any future results,

    performance, or achievements expressed or implied by such forward-looking statements. These risks, uncertainties and factors include,

    but are not limited to, those factors set forth in “Item 1A – Risk Factors” and other sections of our Annual Report on Form 10-K for the

    fiscal year ended October 31, 2014 as well as in our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. We undertake no

    obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or

    otherwise, except as required by law. You are cautioned not to unduly rely on such forward-looking statements when evaluating the

    information presented in this presentation.

    2

  • PATENT MONETIZATION

    3

  • PATENT INFRINGEMENT LAWSUIT

    4

    Venue Scheduling Conference

    Infringement Contentions

    Claims Construction

    Briefing

    Claims Construction

    Hearing

    Summary Judgment

    Discovery Expert

    Discovery Summary Judgment

    TrialAppeal

  • AU OPTRONICS ARBITRATION – NOVEMBER 10, 2014

    SETTLEMENT REACHED TOTALING $9,000,000

    5

    Nano Field Emission Display

    Binding, No Appeal

    Trial

    Expert Discovery

    Depositions

    Revised Statement of Claims

    Scheduling Conference

    Select Arbitrators

    E-Paper® Electrophoretic Display

  • 3 ACTIVE PATENT MONETIZATION CAMPAIGNS

    6

    J-Channel Window Frame Construction

    Enhanced Auction Technologies

    VPN Multicast Communications

  • 47 LAWSUITS ACROSS 8 PATENT TECHNOLOGIES

    7

  • 34 SETTLEMENT/LICENSE AGREEMENTS

    8

  • DEFENDANTS

    9

  • EXISTING LICENSES – $2.6 MILLION

    10

  • ITUS MANAGEMENT TEAM

    Raised in excess of $350 million

    Generated Patent Licensing Revenues in excess of $400 million

    Managed over 80 patent lawsuits

    Over 40 years of combined patent experience

    Robert A. Berman, President and CEO Entrepreneur, attorney, patent monetization expert

     Chief Operating Officer and General Counsel of Acacia Research Corporation from 2000-2008

     BS - University of Pennsylvania- Wharton School, JD - Northwestern University

    Dr. Amit Kumar, Advisor Experienced Scientist, Investor and Executive

     Board Member of Acacia Research Corporation from 2002-2008

     BA -Occidental College, Ph.D. Stanford University and Caltech, Post-doc Harvard University

    John H. Roop, Sr. VP Engineering Highly Experienced Silicon Valley Electrical Engineer, with over 20 years patent experience

     Vice President of Engineering at Acacia Research Corporation from 2001-2008

     BS - University of California at Berkeley

    11

  • PERFORMANCE CRITERIA

    12

    Cumulative Revenue Licenses

    Lawsuits Patent Portfolios

    $0

    $400,000

    $800,000

    $1,200,000

    $1,600,000

    Q1 Q2 Q3 Q4 Q5 Q6 0

    3

    6

    9

    12

    Q1 Q2 Q3 Q4 Q5 Q6

    0

    10

    20

    30

    40

    50

    Q1 Q2 Q3 Q4 Q5 Q6 0

    3

    6

    9

    12

    Q1 Q2 Q3 Q4 Q5 Q6

  • PATENT ASSERTION BUSINESS

    13

    Low Overhead

    Variable Cost Structure

    High Gross Margins

    Modest Cash Requirements

     No development or

    manufacturing costs

     Limited

    Acquisition costs

     Variable Legal fees

     Up to 70%  Acquisitions

     War chest

  • FINANCIAL HIGHLIGHTS

    14

    Cash on Hand  $10.5M - 2015 1st Quarter ending 1/31/15

    Monthly Burn  $200 to $250K

    Market Cap  $31M

    52 Week Range  $0.40 - 0.06

    Shares Outstanding  219.7M

    Non-Affiliated Float  199.2M

    Fully Diluted  345.6M

  • PRIOR FINANCINGS

    15

    January 2013 November 2013 July 2014

     $1.7M Convertible Debt

     15 cents Fully Converted

     $3.5M Convertible Debt

     19 cents

     $4.0M Common Stock

     25 cents

  • NEXT STEPS

    16

    Up-list

    Create revenue opportunities

    Launch additional assertion programs

    Acquire additional portfolios

  • IN THE NEWS

    17

    Articles, Interviews, Op-Eds