Top Engineering of Korea Appoints CPA Global to Manage Patent …
SYDNEY, July 24, 2012/ PRNewswire-AsiaNet/ –
Leading Electronics Company Looks to Generate Greater Value From
Expansive International IP Portfolio
Leading Korean electronics company Top Engineering Co., Ltd has appointed
CPA Global, the world’s top intellectual property (IP) management specialist,
to manage renewals of its entire patent and trademark portfolio. In addition,
Top Engineering is working with CPA Global to help identify new IP assets for
acquisition as well as opportunities to generate greater value from some of the
company’s existing IP Rights.
With factories in Gumi, Gimcheon and Paju in South Korea, Top Engineering
is a major supplier of components to the semiconductor and flat panel display
industries, and is a leader in a number of other technology sectors, including
LED and OLED lighting. Founded in 1993, the company has over 1,400 patents and
trademarks.
Under the agreement, CPA Global will be responsible for Top Engineering’s
existing patents and trademarks as well as those currently under application,
both in South Korea and overseas. Top Engineering will also use leading edge
patent search engine CPA Global Discover to help refine its patent research,
preparation and application processes; while, at the same time, seeking
opportunities via CPA Global’s worldwide network to acquire IP Rights and
monetise non-core IP assets through sale or licensing.
Commenting on the agreement, Mr Kyu Yong Bang, General Manager of the
Patent team at Top Engineering, said: "We are working with CPA Global to help
ensure that we rigorously protect our core IP assets as well as develop a
product innovation strategy that will enable us to remain one step ahead of the
competition. To achieve this goal, we need to ensure that our IP management
strategy is closely aligned with our overall business objectives, and that we
constantly analyse the competitive landscape to monitor the development of key
technologies and the activity of our competitors.
"CPA Global’s worldwide experience, expertise and industry knowledge will
be invaluable in helping us identify opportunities to safeguard and leverage
our existing IP portfolio, while building a platform for future product
development."
Steve Kim, CPA Global’s Director for Korea, said: "We are delighted to be
supporting Top Engineering in the delivery of their global IP strategy. They
are a highly innovative company, who continue to expand their product offering
through the development of new technology. In addition to their own R&D
initiatives, Top Engineering are also growing through acquisition.
"By appointing CPA Global to handle their renewals and by outsourcing to us
the more time-consuming IP administrative tasks associated with their
acquisition activities – including recordals, data verification and title
updates across multiple international jurisdictions – Top Engineering are able
to free up their in-house IP team to focus on more strategic work, while
ensuring that the company does not lose any legal rights to the patents and
other IP assets they have acquired."
About Top Engineering
Established in 1993, Top Engineering Co., Ltd is one of the world’s leading
providers of components and equipment used in the manufacture of semiconductor,
storehouse module, and flat panel display products. The company’s products
include liquid crystal dispensers, seal dispensers, in-line systems, batch line
systems, and panel cleaners. Top Engineering also provides central chemical
supply systems, wet system and soaping machines, die bonding equipment, and
chip sorters. In addition, the company offers an organic light-emitting diode
production line. Top Engineering is headquartered in Gumi, South Korea.
About CPA Global
CPA Global is the world’s top intellectual property (IP) management and IP
software specialist, and a leading provider of legal services outsourcing
(LSO). With offices across Europe, the United States, and Asia Pacific, CPA
Global supports many of the world’s best known corporations and law firms with
a range of IP and broader legal services, helping them to manage risk, cost and
capacity, and realise greater value for their businesses and their IP assets.
CPA Global assists its clients in managing their IP portfolios, including
patents, designs and trademarks, ensuring that IP Rights are protected,
maintained and regularly reviewed in order to maximise value. Services include
patent and trademark renewals; patent search; trademark watching; portfolio
valuation and optimization; as well as IP management software. CPA Global is
also a leading player in the emerging legal services outsourcing (LSO) sector,
providing high quality and cost-efficient legal support services such as
document review
[http://www.cpaglobal.com/legal_process_outsourcing/document_review ],
transaction support, contract solutions, and legal research through delivery
centres in the UK, US and India.
CPA Global was founded in 1969 in Jersey, Channel Islands, originally to
manage patent renewals on behalf of numerous firms of patent attorneys. Today,
the Company employs 1,500 people, serving clients’ broader IP management and
legal support services needs in over 100 countries. For more information,
please visit: http://www.cpaglobal.com
For further information visit: www.cpaglobal.com or contact:
Australia:
Amy Sun
+852 3973-6527
asun@cpaglobal.com
United Kingdom:
Steve Clark
+44 (0)20 7549 5504
sclark@cpaglobal.com
Victoria Knowles
+44 (0)20 7549 4585
vknowles@cpaglobal.com
SOURCE: CPA Global
