SAN FRANCISCO, June 24, 2013 (GLOBE NEWSWIRE) -- RPX Corporation (Nasdaq:RPXC), the leading provider of patent risk management solutions, today announced that Kyoichi Ideno has joined as RPX Asia President. Mr. Ideno joins RPX after nearly 25 years with Seiko Epson Corporation, most recently as a Deputy General Administrative Manager of Intellectual Property Division.
"Ideno-san is a respected leader in patent management and a valuable addition to the team. His understanding of our model and extensive licensing experience will be instrumental in delivering value to our nearly 30 clients in Asia and supporting the continued growth of our client network in that region," said John A. Amster, Chief Executive and Co-founder of RPX.
Added Mr. Ideno, "I have worked with RPX over the past five years to deploy solutions that have shown clear cost-savings for Seiko Epson Corporation. With RPX clients in Asia facing an 84% increase in NPE suits since 2010, I look forward to educating companies on how they can proactively manage their patent risk by joining the RPX client network."
Mr. Ideno joined Seiko Epson Corporation in 1989. He holds a BS in Physics from Tokyo University of Science.
As of March 31, 2013, RPX had invested over $650 million to acquire more than 3,300 US and international patent assets and rights, and had a client network of 146 members active in seven key sectors: consumer electronics and PCs, E-commerce and software, financial services, media content and distribution, mobile communications and devices, networking, and semiconductors.
About RPX Corporation
RPX Corporation (Nasdaq:RPXC) is a leading provider of patent risk solutions, offering defensive buying, acquisition syndication, patent intelligence, insurance services, and advisory services. Since its founding in 2008, RPX has introduced efficiency to the patent market by providing a rational alternative to litigation. The San Francisco-based company's pioneering approach combines principal capital, deep patent expertise, and client contributions to generate enhanced patent buying power. By acquiring patents and patent rights, RPX helps to mitigate and manage patent risk for its growing client network.