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The Board of Directors in conjunction with Vivius, Inc. Executive Management team have agreed to pursue the sale of the Company's intellectual property (IP) portfolio. The company has engaged Brown Brothers Harriman to conduct the sale of the IP in Q1 2005. David Teckman, President and CEO, and Morris Goodwin, EVP and CFO will assist in the sale of the IP. Parties interested in the acquisition of Vivius' IP may contact Mr. Teckman or Mr. Goodwin. Founded in 1999, Minneapolis-based Vivius developed a unique transaction model and web-based technology for consumer choice healthcare. Originally an application service provider to managed care organizations and insurance companies of its proprietary software, Vivius is now an intellectual property (IP) company that licenses its IP to companies serving the healthcare industry. Vivius' intellectual property portfolio includes U.S. Patent No. 6,735,569 issued in May 2004, patent applications, trade secrets, copyrighted code and...
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