LAS VEGAS, Sept. 11, 2012 /PRNewswire/ -- MetaPower
International, Inc. (OTCPK: MTPR) is pleased to announce that
MetaPower, Inc has undertaken certain efforts to monetize its
intellectual property. In this connection, MetaPower has
become a founding member of the IPXI (Intellectual Property
Exchange) exchange which has been created to monetize the
intellectual property of exchange members. As a founding
member, MetaPower has agreed to issue license rights to its patents
through IPXI to buyers who are currently or potentially using the
Company's intellectual property. IPXI conducted a preliminary
appraisal of MetaPower IP prior to offering a founding membership
to MetaPower. MetaPower hopes to realize revenue through the
sale of IP licenses on the IPXI exchange. However, and in
part because IPXI is a relatively new concept, it is not possible
at this time to know whether or not this hope will be realized.
Other IPXI founding members include: Philips Intellectual
Property & Standards, Com-Pac International, MetaPower, Inc.,
Ford Global Technologies, LLC, Sony USA, Rutgers
University, Northwestern
University, University of Utah,
University of Notre Dame, Regents
University of California, Lawrence
Livermore National Laboratory, Pacific Northwest National
Laboratory, and Brookhaven National Laboratory.
About MetaPower International, Inc.:
MetaPower International, Inc. is a technology and services firm
originally founded in 1996 that provides information technology and
change management services to hazardous process industries.
This link between technology and services is critical to manage the
changes necessary to successfully compete in the current
environment. In today's world, business operations must be
streamlined to meet the challenges of these turbulent economic
times.
This press release contains "forward-looking statements."
Forward-looking statements are statements concerning plans,
objectives, goals, strategies, expectations, intentions,
projections, developments, future events, or performance,
underlying (expressed or implied) assumptions and other statements
that are other than historical facts. These forward-looking
statements are only predictions. No assurances can be given
that such predictions will prove correct. Actual events or
results may differ materially. Forward-looking statements
should be read in light of the cautionary statements and risks that
include, but are not limited to, the risks associated with a small
company, our comparatively limited financial resources, and other
factors that may adversely impact us. These or other risks
could cause actual results to differ materially from the future
results indicated or implied in such forward-looking
statements. We undertake no obligation to update or revise
such statements to reflect events, circumstances, or new
information after the date of this press release or to reflect the
occurrence of unanticipated or other subsequent events.
Contact:
Steve Ivy
360-450-4209
www.metapower.com
SOURCE MetaPower International, Inc.