Market Comparables from 2Q 2010 SEC Filings Now Available in ktMINE
Chicago, IL, August 10, 2010– ktMINE, an intellectual property (IP) data and information services firm, today announced that ktMINE’s Royalty Rates and Records Database now contains IP licensing records filed with the SEC during the second quarter (2Q) of 2010. ktMINE provides IP data, documents and analysis tools aggregated from publicly available records.
From the thousands of records filed with the SEC during 2Q, ktMINE identified and added 88 material contracts that contained non-redacted royalty rates. These records represent 35 industries, with a heavy concentration in Computer Hardware and Software, Biotechnology, Consumer Services, Healthcare Pharmaceuticals, Healthcare Products and Supplies, Business Services, and Consumer Durables.
The effective dates of the newly-added records range from June 29, 1995 to June 21, 2010, with 61% of the agreements containing effective dates between 2009 and 2010.
“Professionals across industries, and across the globe, need to be sure that their IP intangibles analysis stands up against the latest market data,” states David R. Jarczyk, COO of ktMINE. “That’s why we place such a high priority on adding the most recent market comparables to ktMINE as quickly as possible.” ”
Market Comparables from 1Q 2010 SEC Filings Now Available in ktMINE
Chicago, IL, June 09, 2010– ktMINE, an intellectual property (IP) data and information services firm, today announced that ktMINE’s Royalty Rates and Records Database now contains IP licensing records filed with the SEC during the first quarter (1Q) of 2010. ktMINE provides IP data, documents and analysis tools aggregated from publicly available records.
From the thousands of records filed with the SEC during 1Q, ktMINE identified and added 74 material contracts that contained non-redacted royalty rates. These records represent more than 35 industries, with a heavy concentration in healthcare, biotechnology, business services, consumer services, computer hardware and software, and internet IP licensing.
The effective dates of the newly-added records range from 1993 to March 29, 2010, with 70% of the agreements containing effective dates between 2009 and 2010.
“Professionals across industries, and across the globe, need to be sure that their IP intangibles analysis stands up against the latest market data,” states David R. Jarczyk, COO of ktMINE. “That’s why we place such a high priority on adding the most recent market comparables to ktMINE as quickly as possible.”
ktMINE Streamlines Franchise Agreement Searches
May 26, 2010, Chicago, IL – ktMINE, an intellectual property (IP) data and information services firm, today announced that the ktMINE Royalty Rates and Records Database now includes more than 900 franchise agreements. ktMINE provides IP data, documents and analysis tools aggregated from publicly available records.
Franchise agreements with usable payment data can be very difficult to obtain. Many franchises are not publicly traded and therefore are not required to file agreements with the SEC, one of the largest public resources for material contracts. Franchises that do file agreements with the SEC often post documents with redacted royalty rates and payment terms, as fully disclosing this information could make them vulnerable to competitors.
Given the scarcity of usable franchise agreement data on the SEC, ktMINE developed custom technology and algorithms to seek out franchise agreements across a wider array of public sources. If an analyst tried to replicate this search process, it could be exponentially time-consuming and costly in comparison with ktMINE’s speed, depth and breadth in mining the public domain.
“Analysts using ktMINE can significantly streamline a franchise agreement search,” states David R. Jarczyk, COO of ktMINE. “Not only do they have access to over 900 non-redacted franchise agreement summaries which can be quickly filtered by criteria such as industry, they also have unlimited access to the actual source documents containing detailed licensing terms.”
ktMINE Launches New Website with Focus on Global Audience
May 7, 2010, Chicago, IL – ktMINE, an intellectual property (IP) data and information services firm, today announced that it has updated its website to provide greater context to the global marketplace searching for accurate and defensible IP licensing information. The new website was designed to help visitors across the world, and across industries, quickly learn how ktMINE’s IP licensing documents and data can support their specific needs.
The new site includes a ktMINE Worldwide section highlighting how professionals from Toronto to Tokyo use ktMINE in accordance with their country’s market dynamics and regulatory mandates. It also includes an Industry Uses section that details how practitioners in the business valuation, transfer pricing, M&A, expert witness, IP law and litigation and technology transfer professions use ktMINE to research royalty rates and records for initiatives such as purchase price allocations, balance sheet solvency tests, and damages/infringement calculations.
“A significant sample of our information and data reflects licensing transactions that are global in nature,” states David Jarczyk, COO of ktMINE. “That makes our data just as relevant to professionals in Europe, Asia and the rest of the world as it is to those in the United States.”
Two other notable features of the updated website are the new ktMINE Quick Count feature and ktMINE Top 3 statistics. The ktMINE Quick Count allows visitors to run a keyword search that tallies the number of royalty rates ktMINE can offer for that criteria. The ktMINE Top 3 provides a dynamic list of agreement and royalty rates counts for the three richest ktMINE Industry categories and Agreement Types.
ktMINE Streamlines Sales Agent Agreement Searches
April 29, 2010, Chicago, IL – ktMINE, a data and information services firm, today announced that the ktMINE Royalty Rates and Records Database now includes more than 150 sales agent agreements.
ktMINE provides intellectual property (IP) data, documents and analysis tools aggregated from publicly available records. The majority of ktMINE's records are IP license agreements sourced from publicly available sources.
Historically, sales agent agreements have been extremely hard to find. The largest source for these is the SEC database, which includes sales agent agreements among the wide array of documents filed publicly by organizations in compliance with federal regulations.
Therein lies the issue. “The SEC database is an amazing source of IP data and documents, but its search filters are extremely broad,” states David Jarczyk, COO of ktMINE. “Sales agents operate across every industry. So, in order to locate sales agent agreements in the SEC database, a searcher would need to sift through millions of documents.”
ktMINE uses a combination of custom developed technology and algorithms to locate specific IP documents quickly and precisely from public sources such as the SEC. Then each document is reviewed by ktMINE’s analyst team to ensure the record is defensible (non-redacted and from a material contract) and to capture and categorize all key licensing terms. Sales agent agreements are categorized under ktMINE’s Service Agreement Type.
“Sales agent agreements can be particularly valuable during a recession as companies look for ways to preserve or increase sales without adding headcount or fixed costs,” according to Jarczyk. “These agreements provide market compensation, usually in the form of commission on sales generated, and can be used not only for benchmarking market compensation but also as a strategic tool to shape terms and conditions and also to gain competitive insight.
ktMINE Introduces New Quick Count Feature
April 19, Chicago, IL – ktMINE, a data and information services provider, today announced that it has integrated a new ktMINE Quick Count feature into its website.
The ktMINE Quick Count tool allows website visitors to query the ktMINE database based on specific key terms of their choice. ktMINE's Quick Count tool will then quantify the total number of royalty rates available that fit that specific criteria.
"The ktMINE Quick Count feature should provide visitors with a good idea of the value ktMINE's database can offer them regarding specific groups of market comparable royalty rates, " states David R. Jarczyk, ktMINE COO. "We named this feature Quick Count for two reasons: first, for the rapid answers it can give website visitors and for the amazing speed in which the tool returns results."
The ktMINE Quick Count feature is powered through custom technology and algorithms created by ktMINE's development team.
Market Comparables from 4Q SEC Filings Now Available in ktMINE
April 15, Chicago, IL – ktMINE, a data and information services provider, today announced that market comparables from the 4Q filings posted to the SEC are now searchable in their online database.
ktMINE provides a rich repository of contemporary and historical intellectual property (IP) license agreements to practitioners of many industries, including business valuation, transfer pricing and IP litigation. While most industries have need for both types of comparables in their analysis, practitioners who include the most recent market comparables can have a significant advantage.
“If there are two expert witnesses on opposing sides of an IP litigation case, the expert with the most comprehensive comparables included in their analysis will often appear to be the most thorough and credible witness,” states David Jarczyk, COO of ktMINE. “That’s why we are so diligent about updating ktMINE.”
As filings are made publicly available on the SEC, ktMINE‘s team of analysts identifies and reviews IP license agreements in detail using a 30+ checkpoint process. Key licensing terms, such as industry(s) related to the actual IP being licensed, are classified and captured along with the actual agreement text. Only documents containing usable royalty rates are added to the database in order to save clients countless hours searching for and reviewing documents that may not ultimately be useful to their analysis.
ktMINE and Bureau van Dijk Establish Partnership
March 9, 2010, Chicago, IL – ktMINE announced today that it has partnered with Bureau van Dijk to supply intellectual property royalty rate data and license agreement documentation to businesses and organizations worldwide.
ktMINE is an intellectual property (IP) data and information services firm with two primary offerings – ktMINE Royalty Rates and Records database and ktMINE Data Supply services. Bureau van Dijk (BvD) is one of the world’s leading publishers of electronic business and company information and offers a wide portfolio of market-aligned solutions.
Through this partnership, ktMINE is supplying intellectual property royalty rate data and licensing agreement documents to BvD. BvD is integrating ktMINE’s data and documents into their offerings that support royalty rate analysis in valuation and transfer pricing research, M&A due diligence and expert witness work.
BvD’s specialist transfer pricing tool, TP Catalyst, is the first integrated solution being offered as of March of this year. ktMINE data will also be added to BvD’s global company information products, Orbis, Osiris plus its global M&A solution, Zephyr.
“ktMINE’s mission is to simplify the process of finding accurate and defensible royalty rate information by offering more thorough and usable data summaries, more precise search and analysis tools and unlimited access to actual source documents,” states David Jarczyk, COO of ktMINE. “Partnering with BvD, a well-respected leader in publishing electronic business and company information, helps us deliver on our mission more rapidly across industries and across nations.”
“We are pleased to offer ktMINE’s intellectual property royalty rate data and license agreement information to our clients,” states Rita Delacroix, senior product manager at BvD. “By integrating ktMINE’s licensing data and documentation into our transfer pricing solution, TP Catalyst, plus our company intelligence products, we can offer direct access to market comparables that provide a thorough and defensible royalty rate analysis."
Market Comparables from 3Q SEC Filings Now Available in ktMINE
November 3, 2009, Chicago, IL – ktMINE, a data and information services provider, today announced that market comparables from the 3Q filings posted to the SEC are now searchable in their online database.
ktMINE provides a rich repository of contemporary and historical intellectual property (IP) license agreements to practitioners of many industries, including business valuation, transfer pricing and IP litigation.
While most industries have need for both types of comparables in their analysis, practitioners who include the most recent market comparables can have a significant advantage.
“If there are two expert witnesses on opposing sides of an IP litigation case, the expert with the most comprehensive comparables included in their analysis will often appear to be the most thorough and credible witness,” states David Jarczyk, COO of ktMINE. “That’s why we are so diligent about updating ktMINE.”
As filings are made publicly available on the SEC, ktMINE‘s team of analysts identifies and reviews IP license agreements in detail using a 30+ checkpoint process. Key licensing terms, such as industry(s) related to the actual IP being licensed, are classified and captured along with the actual agreement text. Only documents containing usable royalty rates are added to the database in order to save clients countless hours searching for and reviewing documents that may not ultimately be useful to their analysis.
“Finding any market comparable that can support, or unhinge, a business valuation is a key concern for many practitioners. Data freshness and usability are two primary reasons our clients rely on ktMINE to support their analyses,” states Lucretia Lyons, President of Business Valuation Resources (BVR).
ktMINE and Business Valuation Resources Establish Partnership
October 6, 2009, Chicago, IL – ktMINE today announced that it has partnered with Business Valuation Resources, LLC (BVR) to supply defensible royalty rate data, market license agreements, and documentation to business valuation professionals.
ktMINE, a data and information services provider, offers an online royalty rate and license agreement database of the same name. BVR is a valuation industry leader providing authoritative market data, expert and timely publications, and continuing professional education. Through this partnership, BVR clients can purchase standard subscriptions to ktMINE as well as exclusive offerings available only through BVR.
“Our clients have long commented that finding usable royalty rates and documentation can be frustratingly painstaking,” states Lucretia Lyons, president of BVR. “Other data providers have tried to build offerings that streamlined the process, but none has gone the full distance. ktMINE methodically captures key licensing terms that enable users to quickly find relevant comparables and supports them with defensible documentation. That’s the critical difference, and that’s why we’ve partnered with ktMINE.”
“In tailoring ktMINE to serve the needs of the business valuation community, it made sense to us to ally ourselves with BVR, which has been the trusted source for market data and related services for more than a decade,” states David Jarczyk, COO of ktMINE. “Our partnership with BVR enables us to have our product offered by a highly regarded industry leader alongside other critical tools for business valuation professionals.”
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