Adapt IP Ventures and WordNetworks Partner to Monetize Social Media and Search Patent Portfolio

ATLANTA and SAN FRANCISCO, May 16, 2012 /PRNewswire/ -- Adapt IP Ventures, LLC and WordNetworks, Inc. announce the availability of WordNetworks' social media patent portfolio. The WordNetworks patent portfolio enables search engines and content providers to score keywords based on social media view counts and present related content – adding elements of popularity, influence, timeliness and relevance to search and advertising. Adapt IP Ventures will be actively approaching relevant companies with the opportunity to acquire this patent portfolio.  

"We believe that our technology and our IP portfolio speaks to some of the most important ways social media define and shape our online experience," stated WordNetworks Co-Founder, Anthony Edwards.

WordNetworks owns U.S. Patent No. 8,073,850 and recently received a notice of allowance from the U.S. Patent and Trademark Office for pending continuation application no. 13/174,296. The recently allowed application broadly covers scoring based on social media view counts and displaying relevant content in panels on a page. WordNetworks plans to actively file supplemental patent applications to capture additional inventions based on its social media technology.

"The WordNetworks patent portfolio is directed towards foundational technologies in social media and search," comments Grant Moss, CEO of Adapt IP Ventures.  "The value of this patent portfolio is validated as Facebook completes its' IPO this week and as high-profile patent transactions between leaders like Facebook, IBM, AOL, Microsoft, Google and Yahoo! become more widely appreciated."

Companies interested in receiving information on this patent portfolio offering are encouraged to contact Adapt IP Ventures.

About Adapt IP Ventures, LLC
Adapt IP Ventures, based in Atlanta, GA, provides transaction advisory services designed to assist innovative firms understand and extract value from their patents. Typical engagements consist of Adapt IP Ventures developing and executing custom strategies to sell or license patents. For more information, please visit www.adaptipventures.com.

About WordNetworks, Inc.
WordNetworks, founded in 2006 and based in San Francisco, CA, developed and patented fundamental search and advertising technologies that incorporates the importance of social media data.

Contact:
Grant Moss
Adapt IP Ventures, LLC
Phone: 770-353-0756
Email: [email protected]

SOURCE Adapt IP Ventures, LLC