3Com Corporation Honored with Licensing Executives Society (USA & Canada) Licensing Achievement Award

3Com earned the award for its profitable intellectual property management activities during its 2009 Fiscal Year, which ended May 29, 2009.

The major accomplishment of 3Com in the 2009 fiscal year was the licensing and sales of patented networking technology across several deals for a combined $87 Million.

In addition, 3Com continued its history of success at the Ocean Tomo Live Patent Auctions with another sale of a patent at the October 2008 Auction. 3Com was an early supporter of the Ocean Tomo Auctions, and has succeeded in this venue beyond all other companies.

"3Com was very successful in its intellectual property management activities during a year where most companies reported a slowdown in these activities," said Rimma Driscoll of Procter & Gamble Company, co-chair of the 2009 LES Awards Committee. "This level of achievement makes 3Com a worthy recipient of this award."

"3Com is deeply honored to be recognized by the Licensing Executives Society," said Richard Baker, Director of Intellectual Property Licensing for 3Com. "We would like to thank the LES for the Licensing Achievement Award and for all of their efforts to make each of us successful in licensing and in technology transfer."

The Licensing Achievement Award is the most prestigious recognition that an organization can receive from LES.

The award was established to acknowledge those organizations that have made an outstanding contribution to licensing or other technology transfer activity. All types of licensing and technology transfer subject matter are considered. The selection criteria include:

-- Contribution to the progress or recognition of licensing as a business activity

-- Long-term licensing success

-- Innovative licensing programs

-- Distinguished licensing success as compared to peers

The Licensing Achievement Award is extraordinary and is granted from time to time to a deserving candidate, as determined by the LES Trustees. Previous award winners were:

2007 - The Procter & Gamble Company

2005 - InterDigital Communications Corporation

2004 - Genentech

2003 - United States Department of Energy

2002 - IBM Corporation

2000 - Pfizer

1999 - Stanford University

The Licensing Executives Society (USA & Canada), Inc. is a professional association comprised of more than 5,000 members engaged in the transfer, use, development, manufacture, and marketing of intellectual property. Learn more at www.lesusacanada.org.

3Com Corporation is a $1.3 billion global enterprise networking solutions provider that sets a new price/performance standard for customers. 3Com has three global brands--H3C, 3Com, and TippingPoint--that offer high-performance networking and security solutions to enterprises large and small. The H3C enterprise networking portfolio--a market leader in China--includes products that span from the data center to the edge of the network, while TippingPoint network-based intrusion prevention systems and network access control solutions deliver in-depth, no-compromise application, infrastructure and performance protection.

SOURCE: Licensing Executives Society (USA & Canada)

Licensing Executives Society (USA & Canada) 
Al Rickard, 703-402-9713 
arickard@associationvision.com