acacia research corporation
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ACACIA RESEARCH
April 2009
Title Page
ACACIA RESEARCH (NASDAQ:ACTG)
This presentation contains forward looking statements within themeaning of the “safe” harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning the company’s business plans. Such statements are based on management’s current expectations and are subject to a number of factors and uncertainties, such as futureeconomic conditions, changes in consumer demand, legislative, regulatory and competitive developments, and other circumstancesaffecting anticipated revenues and costs, which may cause actualresults to differ materially. The company expressly disclaims any future obligation or undertaking to update or revise any forward looking statement contained herein.
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Overview
OVERVIEW
Leader in Patent Licensing
Serving Large Growing Market
Over 100 Patented Technologies
Earnings Leverage - Fixed Cost
$54 Million in Cash & Investments – No Debt
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Growth in Patent Licensing
1990 2000 2007
$500 BILLION
$15 BILLION
$150 BILLION
PATENT LICENSING
GROWTH IN U.S. LICENSING REVENUE
Source: Deloitte & Touche
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Patent Licensing
Technology licensing revenues are expected to grow to $500 billion ayear by 2007.*
Qualcomm Generated $4 Billion In 2008 Licensing its CDMA Patents…89%Margins.
IBM Generate $1.5 to $2 Billion Per Year in Licensing
Philips Electronics Generates $570 Million Per Year in Licensing… 100%of Earnings for Consumer Electronics Business.
Thomson Generates $390 Million Per Year in Licensing…75% of TotalEarnings.
*Source: Deloitte & Touche
Patent Licensing
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Patent & Revenue Distribution60% of patents are owned by small companies and individual inventors, universities and research labs.
40% of patents are owned by large corporations.
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1% of revenues are received by small companies, individual inventors, universities and research labs.
99% of revenues are received by large corporations.
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Source: Intellectual Ventures
60% 40%99%
1%
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QUARTERLY GROWTH IN PATENT PORTFOLIOS
1st
2nd Qtr2006
3rd Qtr2006
4th Qtr2006
1st Qtr2007
2nd Qtr2007
3rd Qtr2007
4th Qtr2007
1st Qtr2008
2nd Qtr2008
3rd Qtr2008
4th Qtr2008
1st Qtr2009
4650
57
81
Growth in Patent Portfolios
63
74
8893 95 99 100+ 100+
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QUARTERLY GROWTH IN REVENUE PRODUCING LICENSING PROGRAMS
1st
2nd Qtr2006
3rd Qtr2006
4th Qtr2006
1st Qtr2007
2nd Qtr2007
3rd Qtr2007
4th Qtr2007
1st Qtr2008
2nd Qtr2008
3rd Qtr2008
4th Qtr2008
1st Qtr2009
18 18 20
Growth in Licensing Programs
242525
2832
35
43
4852
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Growth 12 month Revenues
$4,284,000
$19,600,000
$34,800,000
$52,597,000
$48,227,000
2004 2005 2006 2007 2008
ANNUAL REVENUES
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Bloomberg108 Cable TV Companies
CinemaNowLodgeNet
OnCommandThe Walt Disney Company
TribuneWendy’s
WWEXerox
Representative LicenseesLicensees
Licensees
DIGITAL MEDIA TRANSMISSION
USER ACTIVATED INTERNETADVERTISING
CendantOrbitz
Priceline.comTravelocity
CREDIT CARD FRAUD PROTECTIONAlbertsons
ExxonGAP
J.C. PenneyOffice Depot
IMAGE RESOLUTION ENHANCEMENT
CanonXerox/PARC
Snell & WilcoxSamsung
EpsonThomson
LG ElectronicsSharp
Hewlett Packard
AUDIO/VIDEO ENHANCEMENT & SYNCHRONIZATION
HitachiFunai
SamsungSanyoSony
INTERACTIVE TELEVISIONMatsushitaSamsung
SonyThomson
MULTI-DIMENSIONAL BAR CODESAdidasAMDNokia
AllstateDell
COMPACT DISK TECHNOLOGYFunai RESOURCE SCHEDULING
3MCerner
Rockwell
Boston ScientificHitachi
IntelADP
Texas Instruments
Radio Shack7-ElevenTarget
CVS PharmacyWalgreen’s
LAPTOP CONNECTIVITYSony
Fujitsu
MitsubishiToshibaPioneerFujitsuPhilips
IBM
GEMcKessonSiemens
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New Licensing ProgramsNew Licensing Programs
CELL PHONE LOCATION BASED SERVICES• Wireless Emergency (E911) Phase II Service, Handset Based Navigation
COMPILER TECHNOLOGY• Software object pre-compilation & linking in software compilers
CELL PHONE OVER AIR PROGRAMMING• Updating cellular phones using a common messaging protocol such as SMS
DATABASE ACCESS• Facilitates inter-operation between databases & applications.
ECOMMERCE PRICING• Internet auctions/competitive transactions
ENCRYPTED MEDIA & PLAYBACK DEVICES• Copy protection in Blu-Ray Players, High Definition Discs, Game Consoles,
PC’s with High Definition Drives.
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New Licensing Programs (cont’d)New Licensing Programs
FLASH MEMORY• 16 patents covering technologies for enhancing performance & reliability of the
flash memory cell including NOR flash memory extensively used in cell phones.
HEATED SURGICAL BLADES• Surgical instruments heated to reduce bleeding when tissue is cut. Commonly
known as the “Shaw Blade”.
• Stabilizing medical images for interventional procedures such as cardiaccatheters and stents and diagnostic procedures such as visualization ofarterial lesions.
MEDICAL IMAGE STABILIZATION
MEDICAL PICTURE ARCHIVING & COMMUNCATION SYSTEMS (PACS)• Progressive downloading technology used in medical systems which enable
multiple, remote users to simultaneously access image data. Used by hospitalsto store, archive and transmit patient image data.
• Siemens Licensed
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New Licensing Programs (cont’d)New Licensing Programs
MICROPROCESSOR ENHANCEMENT• Advanced microprocessor architecture for conditioned execution of instructions
yielding significant improvements in microprocessor speed.
ONLINE AD TRACKING• Tracking click through rates of website advertising.
MULTI-DIMENSIONAL DATABASE COMPRESSION• Enables compressed information to be accessible in real time and generates
cost savings in enterprise storage.
ONLINE AUCTION GUARANTEES• Technology for securing the performance of online auction participants such as
using guarantees and providing corresponding visual indication of guaranteedauctions.
PEER TO PEER COMMUNICATION• Network communication between devices to share content including music &
photos.
• Optics for image projection in business/home theaters and rear projection TV’sPROJECTOR TECHNOLOGY
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New Licensing Programs (cont’d)New Licensing Programs
RULE BASED MONITORING• Technology to monitor hardware & software systems including network nodes,
servers, databases and applications.
• 8 licenses including BMC, CA & SAS
SURGICAL CATHETERS• Surgical devices used in procedures such as percutaneously insertable catheters
and cannulas used to access the circulatory system.
TELEMATICS• Wireless GPS tracking/mobile maps
• 7 licenses including @Road & UPS
STORAGE TECHNOLOGY• Storage device data transfer, fault tolerance, caching, data integrity and error
correction.
• Copiers, Printers, Faxes
• 7 licenses including Matsushita & Toshiba
REMOTE MANAGEMENT OF IMAGING DEVICES
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Paul R. Ryan – Chairman and CEOCEO of Acacia Research since 1997Cornell University
Robert “Chip” Harris II – PresidentPresident – Entertainment Properties Trust (NYSE:EPR)Senior VP – AMC EntertainmentUniversity of Southern California
Clayton J. Haynes – Chief Financial Officer & Sr. V.P.Manager – PricewaterhouseCoopers LLPUniversity of California at Los Angeles
Dooyong Lee – Executive Vice President Chief Operating Officer – Global Patent Holdings/TechSearchPresident – LPS Group (NYSE:TOC)Co-Founder – FRI (Fish & Richardson)Licensing Executive – AT&T Bell Laboratories/Lucent TechnologiesOberlin College and University of California at Berkeley
Corporate Management
CORPORATE MANAGEMENT
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Marvin Key – Sr. Vice PresidentThomas Weisel PartnersSalomon BrothersLehman BrothersClemson University & Southern Methodist University Cox School of Business
Robert Stewart – Sr. Vice President Corporate FinancePresident – Macallan, Dunhill & AssociatesUniversity of Colorado/Boulder
Corporate Management
CORPORATE MANAGEMENT
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Erik Ahroon – Senior ManagerPresident – Cadis Design GroupProgram Manager – Argo-Tech Carter CryogenicsProject Engineer – Quantum TechnologiesProduct Development Engineer – Star Trac FitnessUniversity of California, Santa Barbara & University of California, Irvine
Brad Botsch– Vice President Vice President & Chief Intellectual Property Officer - ON SemiconductorAssociate General Counsel - Advanced Micro Devices (AMD)Division Patent Attorney - MotorolaPurdue University & Arizona State University
Karlton Butts – Vice PresidentLoeb & LoebRiordan & McKinzieFinnegan, Henderson, Farabon, Garrett & DunnerGeorge Washington University Law School
Business Dev & Licensing
BUSINESS DEVELOPMENT & LICENSING
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Jon Eastman – Vice PresidentDirector – Strategic Business Planning – Pioneer North AmericaProduct Manager & Systems Engineer – DirecTVUniversity of California, Irvine & University of Southern California
Marc Frechette – Vice PresidentPatent Attorney – Crockett & Crockett, P.C.Intellectual Property Attorney – Pioneer ElectronicsIntellectual Property Engineer – Conexant Systems, Inc.Engineering Manager – Aerochem, Inc.Manufacturing Engineering – The Boeing CompanyBoston University & Whittier Law School
Joseph Granara – Senior Contracts ManagerManager – BroadcomManager – Conexant Systems, Inc.Manager – Rockwell International CorporationCalifornia State University, Northrigde & University of LaVerne
Business Dev & Licensing
BUSINESS DEVELOPMENT & LICENSING
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Peter Kim – Senior ManagerFounder/President – Bay Ridge Partners Search FundAssociate – IPVALUE ManagementInventor/Head of Financial Services – Walker Digital CorporationNew York University’s Stern School of Business
Tisha Stender – Vice PresidentManaging Attorney – Alea Global LawDavid International Trading CompanyPillsbury WinthropLoyola University Chicago Law School
Business Dev & Licensing
BUSINESS DEVELOPMENT & LICENSING
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Jonathan Taub – Vice PresidentMicrosoft – Director, Strategic Alliances, Mobile & Embedded Devices
- Business Development Manager, Security Business UnitNortel Networks – Director, Business DevelopmentCovington & Burling – Associate, Intellectual Property & Corporate LawWharton School of Business & Harvard Law School
Edward Treska – Vice PresidentSRS Labs, Inc. – General Counsel, Director of Patents and LicensingKnobbe, Martens, Olson & BearTRW Space & Technology GroupColorado State University and University of San Diego School of Law
James Trueman – Vice PresidentManaging Partner – M1 PartnersEngagement Manager – McKinsey & CompanyProduct/Business Development Manager – Oracle CorporationSenior Product Manager – Integrated Decision SystemsCEO – Computer SolutionsUniversity of California, Berkeley & The Wharton School
Business Dev & Licensing
BUSINESS DEVELOPMENT & LICENSING
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Matthew Vella – Sr. Vice President ATI Research, Inc. – Senior Intellectual Property CounselNortel Networks, Inc. – Lead Patent License CounselNortel Networks Corporation – CounselCarleton University & University of Toronto Law School
David White – Sr. Vice PresidentPresident – Intellectual Property Holdings, Inc.Vice President – Discovision Associates (Pioneer Electronics patent licensing subsidiary)Michigan State & Detroit College of Law
Steve Wong – Vice PresidentManaging Patent Attorney – Pioneer North America, Inc.Associate Patent Attorney – Chan Law Group, LLCDeputy District Attorney – Stanislaus County District Attorney’s OfficeSystems Engineer – Intermetrics, Inc.Systems Engineer – General Dynamics/Space Systems DivisionSystems Engineer – Western Space and Missile Center, Department of DefenseUniversity of Arizona & Thomas Jefferson School of Law
Business Dev & Licensing
BUSINESS DEVELOPMENT & LICENSING
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Fahim Aftab – Principal EngineerSenior Engineer – Semiconductor InsightsUniversity of Engineering & Technology & University of Michigan, Ann Arbor
Jeffrey Anderson – Vice PresidentDirector of Software – WebsenseDirector of Software Development – Sun MicrosystemsManager of Software Development – Cray Research
Marc Booth – Vice PresidentDirector of Engineering - Nicholas LaboratoriesV.P. Engineering - In The Air NetSr. Director - Powerwave TechnologiesV.P. Engineering - Comarco Wireless TechnologiesV.P. Engineering - Sony CorporationUniversity of California Riverside & University of Southern California
Robert DePirro – Vice PresidentSr. V.P. Media Technology – IntertainerSr. Systems Engineer – Vanstar
Engineering
ENGINEERING
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Phillip Mitchell – Vice PresidentNorth American Marketing Manager - PolytecManager, Technology Development - Newport CorporationEngineering/Business Manager - JMAR TechnologiesTechnical & Product Marketing Manager - Melles GriotSenior Member Technical Staff - Hughes Research LaboratoriesCarnegie-Mellon University
Amy Pearson – DirectorPatent Attorney - Actown ElectrocoilMechanical Engineer - Engineering Animation/EDSMechanical Engineering Intern – Motorola, Inc.Iowa State University & John Marshall Law School
Charles Raasch – Vice PresidentSenior Director – Quartics, Inc.Division Director – Conexant Systems, Inc.Division Director – Conexant Systems, Inc. (Rockwell Semiconductor)Manager – Rockwell SemiconductorDirector – AST Research, Inc.Principal Engineer – TnT ResearchEngineer – Ford AerospaceCalifornia State University, Fullerton
Engineering II
ENGINEERING
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