Ray Strimaitis Email & Phone Number

Los Altos, Ca, Us

Silicon Valley

Corporate Development:- Increased AST membership by 50% Global Strategy: - Expanded scope of AST membership beyond U.S., Europe and Japan by recruiting AST members from the Peoples Republic of China (PRC) and Australia.

As an Executive in Residence at Columbia Technology Ventures http://techventures.columbia.edu/about-ctv/ctv-executives-residence, I will be working with entrepreneurs and inventors at Columbia University to facilitate the transfer of research innovations from the lab to the market, as well as supporting start-up efforts. Columbia Technology Ventures, the technology transfer office of Columbia University, manages more than 350 invention disclosures from faculty, 100 license deals and 20 new start-ups each year. CTV currently has over 1200 patent assets available for licensing across research fields such as biopharma, medical devices, software, cleantech, semiconductors, and material science. To learn more about CTV and available inventions, please visit http://www.techventures.columbia.edu/.

Strategy & Leadership- Advised senior management on patent, trademark and copyright strategy – including strategic risks and opportunities associated with all IP matters - Led strategic growth of IP, with particular focus on patent portfolio - Supervised and drove global IP dispute resolution, litigation, enforcement and freedom-to-operate activities Management - Led global organization, providing full range of intellectual property counseling services to a worldwide client base- Managed, coached and developed team of direct reports having deep technical experience - Developed and implemented policies and procedures to improve productivity and quality of IP assets - Collaborated cross functionally with Yahoo Research, Business Units and Corporate Development Transactions, Licensing & Monetization - IAM Strategy 300 – Named among World’s Leading IP Strategists - Developed offensive and defensive licensing strategies - Built & Executed successful patent licensing and sales business - Income generated: $600+ million in since 2013 - Licensed and/or divested/sold Yahoo patents- Launched initiative to divest non-core Yahoo patents - Proactively used IP to leverage business interests - Identified & Pursued marketplace opportunities - Particular emphasis U.S., China, Korea and Japan Accomplishments - Over $600 million in licensing/sales of Yahoo patents. - Reduced operating expenses by reducing outside counsel fixed fee agreements - Implemented defensive publication process - Developed and enhanced quality of Yahoo patents - 4X increase in patent portfolio

Litigation & Licensing - Led negotiations with adverse parties to resolve patent assertions - Coordinated offensive and defensive patent assertion strategies in selected litigations - Successfully negotiated settlements with multinational organizations - Led transactional initiatives and drafted complex agreements- Initiated and developed licensing efforts for selected fields of use of IBM patents

Strategy & Leadership - Developed intellectual property & business strategies relating to IBM product initiatives; - Evangelized patent program to all levels of management - Developed patent portfolio and filing strategy to support business objectives and strategy - Presented proposed strategies to IBM senior executives; prepared papers and made presentations explaining IBM’s position

Management- Responsible for all intellectual property matters for IBM products and research projects at IBM Silicon Valley research and development sites – including IBM’s Almaden Research and Silicon Valley Labs:o Developed & implemented licensing strategies o Reviewed agreements relating to technology and intellectual property matters o Managed work of and relationship with outside counsel - Prepared and maintained department budgets - Organized and oversaw patent and trademark portfolios, including patentability and freedom to operate analyses - Performed patentability analyses, trademark clearances, open source reviews, prepared patent applications and freedom to operate analyses - Selected, supervised and reviewed quality of outside prosecution counselStrategy & Leadership - Developed intellectual property & business strategies relating to IBM product initiatives, including: o Evaluation of open source and standards policieso Investigation of adversely held third party patentso Remediation and risk mitigation strategies- Evangelized patent program to all levels of management - Developed patent portfolio and filing strategy to support business objectives and strategy - Presented proposed strategies to IBM senior executives; prepared papers and made presentations explaining IBM’s position

Broad based intellectual property practice including patents, trademarks and copyright issues; transactional matters including licensing and joint development agreements