| Intangible Properties Exchange Inc. Comes out of Stealth-Mode and Announces the Appointment of its Executive Team |
| Tuesday, 21. September 2021 00:44 | ||||||||||||||
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Calgary, Alberta--(Newsfile Corp. - September 20, 2021) - Intangible Properties Exchange Inc. (the "Company" or "IPEX") is developing a proprietary process for the valuation and monetization of intangible assets and, together with industry leading strategic partners, the creation of an intangible asset marketplace. With an initial primary focus on the United States marketplace, IPEX is building an end-to-end solution for companies to unlock the value of their intangible assets, such as intellectual property (IP). The IPEX solution involves the valuation, structuring and monetization of this highly valuable asset class through the issuance of IP-backed digital securities. Each digital security issued through the proprietary IPEX process involves a professional valuation and validation for the underlying intangible asset without the need to disclose confidential information by the asset owner. IPEX is revolutionizing the ability for companies, big and small, to demonstrate and utilize the value of their intangible assets to maximize the value of their enterprises. IPEX is pleased to announce the appointment of its executive team led by Chief Executive Officer, Nathan Montgomery. The executive team supporting Mr. Montgomery is characterized by deep experience and proven track records of building and scaling technology companies across a variety of industries. The IPEX team includes technology, accounting, legal and intellectual property experts who are dedicated to solving the increasingly frustrating challenge around intangible asset valuation and monetization. "We are tremendously excited for the support shown for IPEX from those in the intellectual property ecosystem, including companies, investors, lenders and service providers. The value of intangible assets globally is currently estimated at approximately $54.6 trillion with only approximately $1 trillion of that value considered liquid. More importantly, this value is largely absent from companies' balance sheets. Accounting principles and the current illiquid marketplace for intangible assets do not provide a meaningful process for the accurate valuation and flexible monetization of intangible assets. IPEX is changing that," commented Nathan Montgomery, CEO of IPEX. "We are thrilled to be working with IP asset owners, investors and industry experts who are also innovators and trailblazers to unlock the value of intangible assets and, in doing so, bring the most valuable asset class in the world to the broader financing markets." The IPEX executive team consists of the following:
About IPEX IPEX was founded to become the world's first regulatory compliant blockchain-enabled end-to-end platform for the tokenization and monetization of intangible assets, including registrable intellectual property (such as patents, trademarks, and copyrights) and non-registrable intangible assets. Through IPEX's end-to-end solution to identify, value, structure, issue, and trade tokenized intangible assets, IPEX is a pioneer in the new frontier of digital securities. The IPEX platform will allow asset owners to unlock the true value of their intangible assets, including flexible financing alternatives and instant liquidity. The platform will also provide investors with investment exposure to a new asset class through an incentive-driven marketplace. Additional Information This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. Notice regarding forward-looking statements This press release includes forward-looking statements regarding the Company and its respective business, which may include, but is not limited to, statements with respect to the proposed business plan of the Company and other statements. Often, but not always, forward-looking statements can be identified by the use of words such as "will", "intends", "expects", or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements are based on the current expectations of the management of the Company. The forward-looking events and circumstances discussed in this release may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Company, including risks regarding the financial technology and securities industries, economic factors, regulatory factors, the equity markets generally and risks associated with growth and competition. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. Contact: Intangible Properties Exchange Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/97108 |
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