DALLAS, Oct. 2, 2012 (GLOBE NEWSWIRE) -- IPNav, the world's leading full service patent monetization firm, is pleased to announce that Jonathon Skeels has joined the company in the newly created role of Director of Business Development. He will be based out of IPNav's Dallas Headquarters.

Prior to joining IPNav, Skeels was Vice President and Senior Equity Research Analyst at Davenport & Company LLC.

"I'm delighted to have Jonathon join our team," said IPNav Chairman Erich Spangenberg. "He's one of the top analysts in the IP space. His understanding of the patent monetization competitive landscape and his relationships with leading institutional investors is a valuable addition to our team."

In his new role Skeels will be focused on various projects, including building a financial products business and developing financing initiatives to facilitate IPNav's continued growth. 

A graduate of American University in Washington, DC, Skeels is "excited to be joining IPNav at this time as its track record of licensing success and growing number of relationships with patent owners of all sizes has positioned the company to be a major player in the evolving IP marketplace".

Established in 2003, IPNav is the world's leading full service patent monetization firm helping forward-thinking corporations, universities, organizations and individuals profit from innovation. IPNav's integrated, end-to-end solution turns idle IP assets into revenue streams.  Using its proprietary Patent Monetization Platform, IPNav unlocks the value trapped in our clients' IP portfolios – with timetables and objectives set by the client.  IPNav's innovative approach has generated over $600 million in licensing revenue for its clients.

For additional information, please visit IPNav's website, www.ipnav.com.

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