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Peter Lando Joins IPNav as Portfolio Manager for Medical Technology

DALLAS, Jan. 7, 2013 (GLOBE NEWSWIRE) -- IPNav, the world's leading full service patent monetization firm, is pleased to announce that Peter Lando has joined the company in the role of Portfolio Manager. He will be based out of IPNav's Dallas Headquarters.

Prior to joining IPNav, Mr. Lando served as St. Jude Medical, Inc.'s Vice President, Intellectual Property Affairs and Business Development at its Neuromodulation Division, where he built the division's IP portfolio from approximately 15 to over 550 patents. In addition to intellectual property, his responsibilities included leading the division's Strategic and Operational Planning Committee, and identifying, negotiating and closing the division's acquisition targets.

"I'm very excited to have Pete join our team," said IPNav Chairman Erich Spangenberg. "His unique business and IP experience along with his broad based technical background and in depth knowledge of medical devices makes him uniquely suited to serve our clients and a valuable addition to our team."

Prior to his work at St. Jude, Mr. Lando graduated with a BS in Physics and served as an officer for 6 years in the US Navy's nuclear submarine force. He graduated Magna Cum Laude from Tulane Law School and has over 20 years of business and intellectual property experience.

About IPNav:

Established in 2003, IPNav is the world's leading full service patent monetization firm helping forward-thinking corporations, universities, organizations and individuals profit from innovation. IPNav's integrated, end-to-end solution turns idle IP assets in revenue streams. Using its proprietary Patent Monetization Platform, IPNav unlocks the value trapped in our clients' IP portfolios – with timetables and objectives set by the client.

For additional information, please visit IPNav's website, www.ipnav.com.

The IP Navigation Group logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12141

CONTACT: Barry Leff IPNav +1 214 438 0800

Source:IP Navigation Group, LLC