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Acacia Research Names Gerald Knudson to Its Board of Directors; Mr. Knudson is Chairman and Chief Executive Officer of CombiMatrix Corporation PASADENA, Calif.--(BUSINESS WIRE)--July 18, 2000--Acacia Research Corporation (Nasdaq:ACRI) today announced that it has named Gerald Knudson to its Board of Directors. Knudson is Chairman and Chief Executive Officer of CombiMatrix Corporation, an Acacia Research partner company. "Mr. Knudson is an outstanding addition to our Board of Directors," said Paul R. Ryan, Chairman and Chief Executive Officer of Acacia Research. "His exceptional performance and experience as a senior executive with leading companies in the medical diagnostics industry will add significant value for our shareholders. "Jerry has continued to distinguish himself in the leadership role with CombiMatrix Corporation in preparing that company to capture the economic opportunity created by its new biochip technology." "I enthusiastically look forward to serving on the Board of Directors," said Knudson. "Acacia Research has a great business model and is developing a number of promising technology companies." Prior to joining CombiMatrix, Knudson held a number of prominent executive positions including: President, Polaroid Medical Systems; President and Chief Executive Officer of Resonex, Inc.; Executive Vice President, Sterling Diagnostic Imaging, Inc.; Senior Vice President, Acuson Inc.; and senior management positions with General Electric`s Medical Systems. About Acacia Research Corporation Acacia Research develops and operates technology and Internet companies. Acacia Research`s majority-owned subsidiaries include: CombiMatrix Corporation (biochip technology), Soundbreak.com Incorporated (music broadcast and lifestyle Internet site), Soundview Technologies Incorporated (v-chip technology) and MerkWerks Corporation (CD-recording software). Significant minority-owned affiliates include: The EC Company (b2b commerce solutions), Mediaconnex Communications Incorporated (software solutions for broadcast advertising transactions), Greenwich Information Technologies LLC (video- and audio-on-demand technology), and Signature-mail.com LLC (e-mail personalization service). Acacia Research`s Web site is located at www.acaciaresearch.com. --30--KB/la* OJM/la
 
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Autor (Datum des Eintrages): JuppSchmitz  (18.07.00 15:38:44)
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