The Intellectual Property Exchange International (IPXI) has announced that it has hired a new President, Gerard J. Pannekoek. This looks promising for IPXI, as Pannekoek was the former President and COO of the Chicago Climate Exchange (CCX), the world’s first multi-national and multi-sector exchange for reducing and trading greenhouse gas emissions. His leadership there led to a successful IPO within twelve months of his employment.
The Intellectual Property Exchange International explains itself as follows:
The Intellectual Property Exchange International provides an innovative approach to the commercialization of intellectual property rights or “IP”. IPXI will leverage models used by other markets but instead of trading traditional commodities or equities, members, individual inventors, universities and corporations will trade contract rights in patents, trademarks and copyrights.
I have posted frequently about the IPXI and the Unit License Rights (ULR) that will be sold. It is a very bold venture that could change the IP market if quality IP remains the subject of IPXI transactions and quality market players participate. For more information regarding IPXI and the ULRs, see this Press Release from IPXI.