RPX Appoints New Board Member
SAN FRANCISCO, April 30, 2012 (GLOBE NEWSWIRE) -- RPX Corporation (Nasdaq:RPXC), a leading provider of patent risk management solutions, today announced the appointment of Steven L. Fingerhood to its Board of Directors effective April 26, 2012.
Mr. Fingerhood brings more than 25 years of experience as an entrepreneur, investor and senior executive in the technology and business services industries. In his current role as Managing Partner of Technology Opportunity Partners, L.P., Mr. Fingerhood leads a private investment partnership that makes concentrated investments in software and technology-enabled service companies. Before co-founding Technology Opportunity Partners, Mr. Fingerhood founded Zero Gravity Technologies Corporation, which developed document security solutions, and served as its Chairman and Chief Executive Officer until its sale to InterTrust Technologies Corporation. Prior to that, Mr. Fingerhood founded and was Chief Executive Officer of Direct Language Communications, Inc., a provider of localization services to the technology industry. Mr. Fingerhood also serves as Lead Independent Director on the Board of Directors of Harris Interactive Inc. Mr. Fingerhood holds a JD from Harvard Law School and a BA in Economics from Harvard University.
Additionally, RPX President and Co-Founder Eran Zur resigned from the Board of Directors as of April 26, 2012. Over the past four years, Mr. Zur has been active in RPX's dramatic expansion, and he will continue to contribute as President of the Company until his relocation to Israel in August.
"RPX has been my passion and my most important undertaking," said Mr. Zur. "I am tremendously grateful to have been a part of RPX's evolution and success as the leading advocate for an efficient and rational patent marketplace."
As of December 31, 2011, RPX has invested over $370 million to acquire more than 1,900 patent assets across six major technology sectors: consumer electronics and PCs, e-commerce and software, 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 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, RPX helps to mitigate and manage patent risk for its growing client network.
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