Endeavor IP, Inc. Announces the Appointment of Franciscus Diaba to Its Board of Directors
December 30 2013 - 8:05AM
Endeavor IP, Inc. (OTCBB:ENIP), an intellectual property services
and patent licensing company, announced today that Franciscus Diaba
has joined the Board of Directors. Mr. Diaba, an Intellectual
Property Attorney possesses deep knowledge and expertise in
intellectual property and patents. Mr. Diaba will add his
knowledge, relationships and expertise in the IP patent and
licensing sector to better strengthen the position of Endeavor IP,
Inc., including identification of additional portfolio acquisition
opportunities.
The Company has brought recent legal action against various
parties, including Itron, Inc. and Con Edison Solutions, Inc., for
infringement of its patents, which are pending. The Company
maintains two families of patents one in mesh technology (involving
wireless communication networks) and the second in solar monitoring
(involving remote access energy monitoring systems and electric
alternating current sensors for measuring alternating currents in
circuit conductors) and is seeking to expand into additional
technology opportunities.
Mr. Diaba stated, "I am happy to join the Endeavor IP team and
assist in commercialization efforts and protecting its valuable
intellectual property assets. I look forward to utilizing my
knowledge and relationships within the industry to add value for
Endeavor IP shareholders while continuing to expand the management
team and look for new opportunities."
Franciscus L. Diaba, 41, currently practices Intellectual
Property law in New York, New York. He was the President,
Secretary, Treasurer and Chairman of the Board of North South
Holdings, Inc. from November 2012 to May 2013 until acquired by
Spherix Incorporated (Nasdaq:SPEX). Mr. Diaba was an
Intellectual Property attorney at Kramer Levin Naftalis &
Frankel LLP from 2009 to 2012. Mr. Diaba holds a B.S. in Mechanical
Engineering from the State University of New York at Buffalo, and a
Juris Doctor degree from Franklin Pierce Law Center (University of
New Hampshire School of Law). Among other qualifications, Mr. Diaba
brings to the Board years of experience counseling clients on IP
portfolio development and monetizing IP assets, including as trial
counsel.
Mr. Diaba has no family relationship with any of the executive
officers or directors of the Company. There are no arrangements or
understanding between Mr. Diaba and any other person pursuant to
which he was appointed as a director of the Company.
Endeavor IP, Inc.
Endeavor IP, Inc. is an intellectual property services and
patent licensing company that is engaged in the acquisition and
licensing of intellectual property. Endeavor is based in Half Moon
Bay, CA. http://www.enip.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.
CONTACT: Stephen Hart
Hayden IR
hart@haydenir.com
917-658-7878