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Marathon Patent Group, Inc.'s (MARA) Bismarck Acquires Batch Of Patents, Applications From Siemens

|Includes: Marathon Patent Group, Inc. (MARA)

Bismarck IP, wholly owned subsidiary of intellectual property services and patent licensing company Marathon Patent Group, as part of a previous agreement has acquired three U.S. and 10 international patents and patent applications from Siemens. The acquired patents support connections between communication terminal equipment specific performance features and which relate to the setup of the communication connection, or adding functions to an existing call, such as call waiting or call forwarding.

The acquired portfolio includes:

• U.S. Patents 5,734,832, "Method for Evaluating Performance-Feature-Related Messages in a Program-Controlled Communication Equipment"

• 5,883,896, "Arrangement for Coupling Optional Auxiliary Devices to Terminal Equipment of Private Branch Exchanges"

• 6,674,848, "Method for Displaying Performance Feature Names at a Communication Terminal Equipment"

Marathon has recruited the assistance of strategic partner IPNavigation Group to help identify and monetize the acquired patents.

"The Siemens portfolio provides Marathon with new assets to add to its recent series of strategic patent acquisitions," Doug Croxall, Marathon Patent Group's CEO, stated in the press release. "This is a strategic portfolio for Marathon's subsidiary, Bismarck IP, and we look forward to working with IP Nav on exploring the different monetization opportunities with these IP assets."

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