PARTNERS

IPVALUE serves as a trusted strategic advisor and transaction facilitator
for some of the world's leading innovators. Partners typically engage with IPVALUE through exclusive multi-year relationships and rely upon IPVALUE to complement internal IP activities, offset risks and expenses, and leverage our best practices, resources, and networks to maximize returns.

Xerox Corporation is a $22 billion global company with a rich history of innovation and inventions spanning over half a century. Through the acquisition of Affiliated Computer Services, it is now a leader in business process and IT outsourcing.

The inventor of the basic xerographic process was a patent attorney, Chester Carlson. The purchase of his patents by the Haloid Company of Rochester, N.Y., led to the introduction of the world's first automatic, plain paper office copier, Xerox model 914.
The copier's success was the first of many for Xerox, heralding inventions in printing, electronic publishing and document processing.

Xerox has one of the largest intellectual property portfolios in the world. In 2009, Xerox was issued 706 U.S. utility patents, a 16% increase from 2008, and it has over 9,700 active U.S. patents and 17,000 active patents worldwide. Xerox's IP covers a range of areas including material science, nanotechnology, software, personal computing technologies, image processing, materials handling, ink jet printing, document management, print processing, natural language, search, user interfaces and human factors design.

Today, Xerox is the world's largest enterprise for business process and document management. Research activities are conducted in the United States, Canada and Europe and often in collaboration with Fuji Xerox. In 2009, Xerox spent $840 million on research, development and engineering, over 4% of revenue. Spending by Fuji Xerox raised the total Xerox group commitment in RD&E to about $1.6 billion in 2009.

Headquartered in Norwalk, Conn., Xerox is ranked No. 1 in the computer category on FORTUNE magazine's World's Most Admired Companies listing. Xerox has 130,000 employees worldwide, and its operations are guided by customer-focused and employee-centered core values -- such as social responsibility, diversity and quality -- augmented by a passion for innovation, speed and adaptability.

XEROX+IPVALUE: In 2003, Xerox Corporation appointed IPVALUE Management as the worldwide agent for the commercialization of its portfolio of intellectual property. IPVALUE's responsibilities include patent licensing, technology licensing, and patent sales. Through Xerox Intellectual Property Operations and IPVALUE, Xerox licenses its portfolio of about 8,900 active U.S. patents that span digital imaging, marking systems, materials, and solutions and services technology.

"Our partnership with IPVALUE is an important element of our technology transfer process including helping Xerox maximize the proliferation of our patented technologies and enhance the return on our inventions to the benefit of our shareholders." - Sophie V. Vandebroek, Chief Technology Officer, Xerox Corporation and President, Xerox Innovation Group

For more information, visit www.xerox.com