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Marathon Patent Group Announces the Appointment of Craig Nard and Will Rosellini to Board of Directors
ALEXANDRIA, VA, Mar 11, 2013 (MARKETWIRE via COMTEX) --
Marathon Patent Group, Inc. (OTCBB: MARA), an Intellectual Property
services and monetization company, announced today that it has named
Craig Nard and Will Rosellini to its board of directors. The company
has determined both qualify as independent directors under Nasdaq and
SEC rules.
Mr. Nard is the Tom J.E. and Bette Lou Walker Professor of Law and
Director of the Center for Law, Technology & the Arts and the FUSION
program at Case Western Reserve University. He is also a Senior
Lecturer at the World Intellectual Property Organization Academy in
Torino, Italy. Mr. Nard frequently serves as an expert witness and
consultant in patent litigation and widely published in the area of
patent law, with scholarly articles appearing in notable law
journals.
Mr. Nard is also the author of a leading patent law casebook, The Law
of Patents, and a co-author of The Law of Intellectual Property.
Prior to entering the legal academy, Mr. Nard clerked for the
Honorable Giles S. Rich and Helen W. Nies of the United States Court
of Appeals for the Federal Circuit in Washington, D.C. and, before
that was a patent litigator in Dallas, Texas. He is a member of the
Texas bar, and is licensed to practice before the United States
Patent & Trademark Office.
"I am delighted to serve on the board of directors of Marathon Patent
Group, and look forward to working with an extraordinarily talented
group of IP strategists, research analysts, and inventors," stated
Nard.
Mr. Rosellini currently serves as the Executive Chairman of Rosellini
Scientific, LLC, a leading global provider of rehabilitation medical
devices and services, with a broad range of products used for
rehabilitation, pain management and physical therapy in alternative
care settings. Rosellini Scientific has a broad research and
development program focused on utilizing electricity to improve
nervous system health. He previously served as the founding CEO of
Microtransponder and Lexington Technology Group. During his tenures
as CEO, he has raised nearly $30M in venture funding and $10M in NIH
grants. He has been named a MTBC Tech Titan and a GSEA Entrepreneur
of the Year and has testified to Congress on the importance of
non-dilutive funding for inventors and researchers.
Mr. Rosellini holds a BA in economics from the University of Dallas,
a JD from Hofstra Law, an MBA and MS of Accounting from the
University of Texas, a MS of Computational Biology from Rutgers, a MS
of Regulatory Science from USC and a MS of Neuroscience from
University of Texas. Previously, he was a right-handed pitcher who
played in the Arizona Diamondbacks system.
"We have made great strides towards building an industry-leading team
of IP experts," said Doug Croxall, Chief Executive Officer of
Marathon Patent Group. "Members of the Marathon team now include
accomplished inventors, lawyers, IP strategists as well as engineers
and research specialists. We recently launched our IP Research and
Services Center and announced our partnership with IP Navigation, the
leader in full-service patent monetization. Today we are pleased to
announce the further strengthening of our team with the appointment
of Craig Nard and Will Rosellini to our board of directors. I look
forward to leveraging their considerable expertise towards the
creation of long term shareholder value."
About Marathon Patent Group
Marathon Patent Group (MPG) is an intellectual property services and
monetization company that serves a wide range of patent holders and
technologies from Fortune 500 to independent inventors. MPG provides
clients advice and services that enable them to realize financial and
strategic return on their IP rights. MPG serves clients through two
complimentary business units: the IP Research & Services Center,
which helps to identify and manage patents, and the IP Licensing and
Enforcement Group, which acquires IP assets, partners with patent
holders, and monetizes patent portfolios through actively managed
patent licensing campaigns. MPG is based in Alexandria, Virginia.
www.marathonpg.com
Forward Looking Statements
Certain statements in this press release constitute "forward-looking
statements" within the meaning of the federal securities laws. Words
such as "may," "might," "will," "should," "believe," "expect,"
"anticipate," "estimate," "continue," "predict," "forecast,"
"project," "plan," "intend" or similar expressions, or statements
regarding intent, belief, or current expectations, are
forward-looking statements. While the Company believes these
forward-looking statements are reasonable, undue reliance should not
be placed on any such forward-looking statements, which are based on
information available to us on the date of this release. These
forward looking statements are based upon current estimates and
assumptions and are subject to various risks and uncertainties,
including without limitation those set forth in the Company's filings
with the Securities and Exchange Commission (the "SEC"), not limited
to Risk Factors relating to its patent business contained therein.
Thus, actual results could be materially different. The Company
expressly disclaims any obligation to update or alter statements
whether as a result of new information, future events or otherwise,
except as required by law.
Marathon Patent Group
Investor Relations
678-570-6791
Email Contact
IP Communications
Brody Berman Associates
212-683-8125
Email Contact
SOURCE: Marathon Patent Group
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