Acacia Subsidiary Enters into a Settlement and License Agreement with Hewlett-Packard

2009-01-09 06:54:01 -

Acacia Research Corporation (Nasdaq:ACTG) announced today that its subsidiary, Data Network Storage LLC, has entered into a settlement and license agreement with the Hewlett-Packard Company covering a patent portfolio that relates to storage area networks. This agreement resolves patent litigation that was pending in the United States District Court for the Northern District of Texas.


ABOUT ACACIA RESEARCH CORPORATION


Acacia Research's subsidiaries develop, acquire, and license patented technologies. Acacia Research's subsidiaries control over 100 patent portfolios, which include U.S. patents and certain foreign counterparts, covering technologies used in a wide variety of industries.


Information about Acacia Research is available at www.acaciatechnologies.com and www.acaciaresearch.com.


Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995


This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the recent economic slowdown affecting technology companies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. Our Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.








Acacia Research Corporation

Rob Stewart, Investor Relations

Tel 949-480-8300

Fax 949-480-8301