Adapt IP Ventures and QuickVault Form Strategic Alliance Focused on Intellectual Property, Business Development

ATLANTA, May 17, 2011 /PRNewswire/ -- Adapt IP Ventures and QuickVault announced a strategic partnership focused on intellectual property management and business development. Adapt IP Venture's CEO Grant Moss will join the QuickVault team as Strategic Advisor. Aimed at expanding QuickVault's presence in the Point of Sale and mobile data security markets, Adapt IP Ventures will support sales and technology transfer efforts.

"Our innovations can make a material difference in securing highly exposed consumer and commercial information," said Rusty Gordon, Chairman of QuickVault's Board of Directors. "Grant Moss is the right person to get these innovations to the market quickly."

"We are very excited about our partnership with QuickVault," commented Moss. "IT security and financial processing has great room for improvement and QuickVault has an exceptionally valuable technology platform and patent portfolio."

For more information, contact Grant Moss, CEO of Adapt IP Ventures, at [email protected] / (770) 353-0353.

About QuickVault, Inc.

QuickVault (www.quickvault.com) is a privately-held IT security based in Cumming, Georgia that offers a wide-ranging set of security and backup products and intellectual property for mobile devices, computers, networks and POS systems.

About Adapt IP Ventures, LLC

Adapt IP Ventures (www.adaptipventures.com) provides strategic advisory services designed to assist innovative firms understand and extract value from their intellectual property. By serving as a patent broker for its clients, Adapt IP Ventures develops custom strategies to sell or license patents.

SOURCE Adapt IP Ventures, LLC