Dr. Yoriko Morita, fluent in English and Japanese, and a senior IP licensing executive, joins General Patent Corporation as Vice President of Licensing to focus on Asian markets.

General Patent Corporation settles patent infringement lawsuit filed by its subsidiary, LaserDynamics, LLC, against Haier America Trading, LLC, with Haier taking a license for U.S. Patent No. 5,587,981.

IPOfferings' Patent Value Quotient for 2013 shows a decline in the Average Price Paid per Issued U.S. Patent of 37% from 2012 to $236,453, and a decrease in the Median Price Paid per Issued U.S. Patent of 23% to $170,000.

IPOfferings introduces three patent valuation services. Each is an online service at a very affordable cost, with a Basic Patent Valuation starting at just $250.

IPOfferings' Patent Value Quotient for calendar year 2012 reports on 35 major patent transactions and shows a median price paid for issued U.S. Patents of $220,588, and average paid is $374.000.

IPOfferings Sells Three Patents Covering Digital Printing Densitometer Technology for Inventor Dr. Allen Rushing.

Thomas Major has joined IPOfferings LLC as Vice President, bringing extensive experience in intellectual property brokerage, technology transfer, patent licensing and patent assertion to the company.

General Patent Corporation acquires IP Offerings, LLC to expand its patent brokerage business, and names IP Offerings' founder, Richard Ehrlickman, Vice President.