VirnetX Holding Corporation, a developer of secure real-time communications and collaborations technology, and ipCapital Group, an intellectual property (IP) strategy consulting and licensing firm, have jointly declared the results of ipCapital Group's evaluation of VirnetX's business model, product, technology and patent portfolio.

 

The aim of the evaluation was to determine the potential commercialization value range to likely licensing partners in IP telephony, mobility, fixed-mobile convergence and unified communications markets. By combining VirnetX's business solutions for secure real-time communications with ipCapital Group's IP management expertise, the completion indicates the launch of VirnetX's licensing program.

 

While preparing this evaluation, ipCapital Group set out to explore the complete business landscape of VirnetX. The research demonstrated VirnetX's position in the secure real-time communications space associated to multiple connections of devices, operating systems, applications and data, using its unique domain name registry business model, and resulted in ipCapital Group gaining an understanding of the primary market drivers. IpCapital Group then conducted an examination of the patents and applications in VirnetX's business landscape.

 

This work was used as a way to understand which companies might be potential partners and what value VirnetX might bring to these potential partners. With the completion of this evaluation, ipCapital is now prepared to discuss commercialization opportunities.

 

"IpCapital Group's evaluation of VirnetX's patent portfolio highlights the magnitude of these technologies on the industry and how it creates new business opportunities," said John Cronin, managing director and chairman of ipCapital Group. "We believe that we are on a clear path to creating commercialization partnerships and VirnetX's technology is ready to meet evolving customer communications needs across multiple market segments."

 

Built on ipCapital Group's proprietary ipValue Model, the estimated potential commercialization value range of VirnetX's business model, product, technology and patent portfolio indicates a multi-billion-dollar market opportunity. ipCapital Group's financial modeling process brings together critical market and business drivers with a unique IP perspective. This assessment is crucial in understanding the key value drivers of VirnetX's technology and is used to determine a fair price for commercialization.

 

"ipCapital Group's evaluation greatly extends our ability to commercialize our intellectual property portfolio," said Kendall Larsen, president and CEO of VirnetX. "Communications vendors throughout the industry are going to benefit from this technology, and this evaluation further demonstrates the technical depth and breadth of the company's IP portfolio."