PATENTS & LICENSES -- Covering Their Assets

For its part, ImageX has repeatedly stated its intent to "monetize" its patent portfolio and turn it into "a revenue-generating component of our business." Rather than go to war with the company, San Francisco-based printChannel.com (which, at press time, was reported to have closed its doors and was in the process of seeking a buyer) negotiated a licensing agreement to cover its business activities as a vendor of Web-based print procurement solutions. PrintingForLess.com is also a licensee.