[September 24, 2015]

Lecorpio and ipan Partner to Provide Corporations with an Innovative Approach for Managing Patent Annuities and Trademark Renewals

Lecorpio, the leader in intellectual property (IP) management and analytics software solutions, announced a new partnership with ipan Intellectual Property Associates Network LLC, ("ipan") a leading IP service provider for payment of patent annuities and trademark renewals known for both the quality of their service and the transparency of their pricing.

This partnership enables Lecorpio clients to leverage recently released Lecorpio Annuity Management to manage their entire patent and trademark lifecycle, including payments for annuities and renewals through ipan, using a single platform. By bringing together two tightly integrated, best in class solutions to clients, this approach provides unprecedented efficiency and transparency throughout the IP maintenance process. With sophisticated reporting and analytics, corporations can make informed decisions about IP spend and portfolio management while significantly reducing their prosecution and maintenance costs.

Lecorpio CEO Jay Madsen commented, "Companes are often required to make important value and cost decisions regarding patent and trademark renewals without fully understanding the current and future impact on coverage and budgets. The Lecorpio/ipan partnership allows our clients to fully leverage ipan's pricing transparency and efficiency with Lecorpio's Annuity Management software platform to make informed, data-driven decisions."

ipan's COO Domenic A. Leo said, "As ipan expands its US presence, we are excited for the opportunity to work with Lecorpio, a company that has grown quickly and continues to set a high bar for excellence in IP management solutions. Together our two innovative companies will change how corporate leaders manage their IP portfolios while setting a new standard for managing the IP lifecycle."

About Lecorpio, LLC

Lecorpio, the leader in IP management and analytics software solutions, helps innovative companies quickly turn ideas into assets. The company's enterprise-class suite of applications spans the entire IP supply chain, including invention disclosure management, patent and trademark management, e-billing, licensing management and general matters management. The Lecorpio solution includes powerful workflow capabilities that easily configure to a company's business process and includes an IP dashboard with over 160 KPIs.

Primarily marketed to corporate law departments specializing in IP matters, Lecorpio's adaptable IP management software-as-a-service creates one central repository for IP information. Lecorpio's powerful solution simplifies data management processes for attorneys and paralegals through the entire IP lifecycle, from invention disclosure to patent management to billing, monetization and litigation. Also, Lecorpio helps clients to control costs by automating processes and increasing efficiency.

Lecorpio is used by 5 of the top 20 most active US patent filers, in addition to well-known innovators such as Adobe, T-Mobile, Analog Devices, Rockwell Automation (News - Alert), NEC, NetApp and Red Hat. Visit www.lecorpio.com for more information.

About ipan Intellectual Property Associates Network LLC

ipan was founded in Munich, Germany, in 2004, and the company represents a new approach to the management and administration of intellectual property. With offices in US, Europe and Asia, ipan is close to its customers and represented in all important IP markets worldwide. By creating a global network of more than 100 leading IP firms representing more than 240 jurisdictions, they deliver unmatched levels and quality of service, while significantly optimizing and reducing costs. This unique combination enables their customers to focus on innovation rather than administration, and has made them one of the world's fastest growing and largest IP service companies, with more than 900,000 IP rights under management. ipan recently opened its US Headquarters in Troy, Michigan. Visit www.ipan-services.com for more information.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150924005173/en/

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