Allied Security Trust

Allied Security Trust

Allied Security Trust (AST) is a member based patent holding company that helps protect members from patent infringement lawsuits from non-practicing entities. [http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=1149L:US&sid=aI70xRS4IR9w Victoria Slind-Flor “Sun, EBay, Rock & Republic, Troyer: Intellectual Property”, Bloomberg.com July 1, 2008.] ]

Business

Allied Security Trust (AST) is a patent holding company that is member based. Members each contribute to a pool of money that is used to buy patents. There is also an annual membership fee. [http://money.cnn.com/2008/06/30/technology/patents.fortune/ Scott Moritz, “Big Tech gets Legal Aid in the Patent Wars”] ] The members then may purchase licenses to the patents for a limited period of time. Licenses are also offered to non-members. After a certain period of time, the patents are sold or donated. This is know as a catch and release strategy. AST does not litigate.

Members

Allied Security Trust has 11 members including:
*Sun Microsystems
*Motorola
*Hewlett-Packard
*Verizon
*Cisco
*Google
*Ericsson

Officers

*Daniel McCurdy CEO [ [http://www.marketwatch.com/news/story/allied-security-trust-names-industry/story.aspx?guid=%7B080A9A80-331A-46CA-A103-B3D8265FD8F8%7D&dist=hppr “Allied Security Trust Names Industry Leader Daniel P. McCurdy as CEO, MarketWatch, August 13, 2008] ]

ee Also

*PatentFreedom
*patent troll

References

External Links

* [http://www.alliedsecuritytrust.com Allied Security Trust home page]


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