GENERAL PATENT CORPORATION - Key Persons

Job Titles:

• CEO
• Chairman
• Founder
• Member of the Management Team
• Founder and President of a Non - Profit Association, American Innovators for Patent Reform
• Member of the Licensing Executives Society

Alexander I. Poltorak is the Founder, Chairman and the CEO of General Patent Corporation (GPC), an intellectual property (IP) firm focusing on intellectual property strategy and valuation, IP licensing and enforcement. He also serves as the Managing Director of IP Holdings LLC (IPH), an IP-centric merchant banking boutique providing IP-focused financial, brokerage and advisory services, and operating an idea incubator. Prior to establishing GPC in 1987, Alex Poltorak was President and CEO of Rapitech Systems, Inc., a computer technology company that he had founded in 1983 and took public in 1986. Before that, he served as Assistant Professor of Biomathematics at the Neurology Department of Cornell University Medical College. He also served as Assistant Professor of Physics at Touro College. Poltorak has published numerous papers in scientific journals. Alexander Poltorak taught business law as Adjunct Professor at the Globe Institute of Technology. He is a regular guest-lecturer on intellectual property law and economics at the Columbia University School of Business. Alexander Poltorak is the Founder and President of a non-profit association, American Innovators for Patent Reform. Poltorak is a Certified Licensing Professional. He was among the first licensing professionals to be awarded this certification by the Licensing Executives Society (LES) of US and Canada. He has been included in the IAM Strategy 300, a list of the world's leading IP strategists compiled by Intellectual Asset Management magazine, since 2010. Poltorak emigrated from the former U.S.S.R. in 1982, where he was awarded a graduate degree in Theoretical Physics equivalent to a Ph.D. in 1980. As a political dissident, he was stripped of his degrees for anticommunist activities. Alexander Poltorak has co-authored two books with Paul Lerner: • Essentials of Intellectual Property (John Wiley & Sons Publishers, Inc., 2002) and • Essentials of Licensing Intellectual Property (John Wiley & Sons Publishers, Inc., 2003). Alexander Poltorak was profiled in a New York Times feature article (Teresa Riordan, "Trying to Cash in on Patents," June 10, 2002) and by IP Investor Magazine ("He Wrote the Book," Apr. 2007). Alex has been often interviewed on CNN, CBS, Tokyo TV, CFO Magazine, InstitutionalInvestor.com, WallStreetReporter.com, Industry Week, EE Times and Bloomberg Radio. He serves on the advisory editorial board of Patent Strategy & Management. Tokyo TV Ch. 12 featured a documentary about Poltorak and his company in May of 2002. Poltorak is a member of the Licensing Executives Society (LES), the Association of University Technology Managers (AUTM), Intellectual Property Owners Association (IPO), the New York Academy of Science, the American Physical Society, International Society for General Relativity and Gravitation, and the American Association for the Advancement of Science. He was a U.S. co-chairman for the Subcommittee on Information Exchange of the US-USSR Trade and Economic Council. Alexander Poltorak was awarded seven U.S. patents. GPC began with Alexander I. Poltorak, a Russian physicist who emigrated to the United States in 1982. Poltorak was drawn to intellectual property law after teaching biomathematics at Cornell University and owning his own computer company. In 1987 he founded GPC, where he now serves as chairman and chief executive officer. More information about GPC's senior officers can be found by clicking on the links above.

Job Titles:

• Member of GPC Advisory Board of Directors

Mr. Granowitz was one of the founders of the Technology Transfer office at Columbia University and its Executive Director from 1988 until 2000.

Job Titles:

• Member of the Management Team
• Director of Licensing

Just updated to include the latest changes in patent law and intellectual property best practices, the Second Edition of Essentials of Intellectual Property is the definitive primer on patents, trademarks, copyrights and trade secrets. Full of valuable tips, techniques, real-world examples and exhibits, this handy and concise book provides inventors, business executives and others involved in intellectual property with an understanding of the basics. Kathlene P. Ingham is the Director of Licensing at General Patent Corporation (GPC), a patent licensing and enforcement company. She has been with the company since 1999. During this time, she personally negotiated well over 100 patent license agreements. Before joining GPC, Ms. Ingham held several management and consulting positions in the legal profession and the hotel industry. Ms. Ingham's education includes a B.A. in the Humanities from Pace University, Pleasantville, New York, and two years of graduate study in Clinical Psychology at Pace University, New York, New York. She has completed two courses in the Intellectual Asset Management Program of the Licensing Executives Society Professional Development Series. She is a member of the LES.

Job Titles:

• General Counsel
• Member of the Management Team
• Vice President

Michael E. Shanahan is Vice President & General Counsel at General Patent Corporation where he heads up the corporate legal department responsible for all litigation and licensing activities. Prior to joining GPC, Mr. Shanahan served as General Counsel for Signature Systems LLC was a partner at several law firms including McDermott, Will & Emery and Brown Rudnick Berlack & Israels. He has extensive experience in patent licensing and litigation as well as corporate legal expertise. Mr. Shanahan received his law degree from New York Law School, and he holds an MS in Electrical Engineering and an MS in Computer Engineering from Manhattan College. He is admitted to the bar associations of New York State, the Southern and Eastern Districts of New York, the Eastern District of Texas, the Court of Appeals for the Federal Circuit, the United States Supreme Court and the U.S. Patent and Trademark Office.

Job Titles:

• Member of GPC Advisory Board of Directors

Steven J. Hoffman is well known in the intellectual property community. As the CEO of ThinkFire, he was responsible for corporate strategy, business development, client services delivery and P&L. Mr. Hoffman's work included portfolio segmentation and valuation, acquisition and divestiture strategy, and Freedom of Action strategy for global technology companies. Prior to joining ThinkFire, Steven Hoffman served as COO of Exchange Solutions Incorporated, the industry leader in proprietary Customer Relationship Management (CRM) solutions. He previously served as Executive Vice President and Chief Strategy Officer for Sapient Corporation, where he was responsible for the company's successful transition from Internet consultants to designers, builders and operators of mission critical transaction and operations management systems for the firm's Fortune 200 clients. Mr. Hoffman led the Chicago office and the Global Strategy Practice as a Senior Vice President at CSC Index, and he was a partner at Bain and Company where he ran the firm's 600-person Boston Office. He holds a BA in Economics from Wesleyan University and an MBA in Finance and Statistics from the University of Chicago. For more information on our Advisory Board members, please see the news release on Mr.