Heated Patent Market Prompts Patent Broker Expansion

PatentBridge LLC, the preeminent Silicon Valley patent broker since 2003, is pleased to welcome Charles R. Engles, Ph.D. as Senior Director where he will devote his efforts on auctions of patent portfolios representing extraordinary scientific and industrial breakthroughs.

A Rhodes Scholar with public corporation, top-tier consulting and startup experience, Dr. Engles offers a deep understanding of science and technology as well as corporate development.

A former Partner at Booz, Allen & Hamilton and Manager at Boston Consulting Group, Dr. Engles most recently served as Interim CEO of ThermoCeramix, Inc., a venture-backed startup with a proprietary technology for converting electrical to thermal energy. He previously was CEO of Cutanix Corporation, a biopharmaceutical company focused on dermatological drug discovery that he co-founded.

He also served as Chairman and CEO of Stillwater Mining Company (NYSE:SWC) which under his direction completed an IPO on NASDAQ. He organized its spin out from Johns-Manville (NYSE:BRK.A,BRK.B) and Chevron (NYSE:CVX). Stillwater Mining Company is the only U.S. producer of platinum group metals. Prior to that Dr. Engles served as Senior Vice President of Johns-Manville responsible for corporate development and worldwide mining and minerals operations.

Mark Holmes, Founder and CEO of PatentBridge, said, “We are very pleased to welcome Dr. Engles to PatentBridge. Dr. Engles brings a rare combination of deep technical knowledge and exceptional business expertise that will contribute greatly to our firm. The market for patents has heated up and we are being offered more patents to sell than we can possibly handle. His skills and wealth of experience are sure to add great value to the firm and the level of service provided to our clients.”

“I am delighted to join PatentBridge,” said Dr. Engles. "Intellectual property has played a critical role in the companies I have run and in the 30+ technology startups in which I have invested. I look forward to working with PatentBridge to help patent owners realize the full value of their holdings.”

About PatentBridge LLC

PatentBridge, a privately held technology commercialization firm based in Silicon Valley, specializes in bringing to market extraordinary scientific and industrial breakthroughs. Its CEO and founder is Mark Holmes, author of Patent Licensing: Strategy, Negotiation and Forms (PLI Press).

Contacts:

PatentBridge
Mark Holmes, 650-223-1150
holmes@patentbridge.com
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