Tekcapital Announces Strategic Partnership

RNS Number : 2490E

Tekcapital plc

08 April 2014

 



8 April 2014

Tekcapital plc

Tekcapital Announces Strategic Partnership with Blick Rothenberg and Cleveland

- Partnership designed to help companies benefit from Patent Box tax law -

- Upcoming seminar will explain the importance of the 'Patent Box' -

Tekcapital plc (AIM: TEK), an international provider of technology and IP services, is pleased to announce a new strategic partnership with Blick Rothenberg, a leading independent firm of London chartered accountants, and Cleveland, a firm of intellectual property experts.  Tekcapital is entering into this partnership to provide a solution to help U.K. companies benefit from the Patent Box tax law ("Patent Box").

The Patent Box came into effect on 1 April 2013 and is a tax relief which enables companies to apply a lower rate of corporation tax on profits earned from patented inventions. The United Kingdom joined eight other countries with its adoption of the Patent Box law and this move has increased interest in IP given the potential for companies to benefit from increased innovation and profits.

Tekcapital, along with partners Blick Rothenberg and Cleveland, aim to capitalise on the immediate and significant opportunity to provide a comprehensive turnkey solution to help U.K. corporates benefit from Patent Box law.

Under the strategic partnership agreement, Tekcapital will assist its clients by enabling them to effectively source and acquire relevant external patent rights to enhance and accelerate their innovative capacity, Blick Rothenberg will support their clients in analysing the profits arising from patent rights which will benefit from the lower taxes and Cleveland will help clients in determining the applicability of patents to product/service lines.

To launch the partnership, Tekcapital, Blick Rothenberg and Cleveland will host a Breakfast Seminar to discuss the importance of the Patent Box to the UK economy.

The seminar will focus on the following:

·      the importance of the Patent Box to corporate growth and the UK economy;

·      how companies can qualify for relief; and

·      how this partnership can help companies quantify the benefit to their businesses.

The event, which is supported by the London Stock Exchange, will be held at 8.45am on Tuesday 29 April 2014 at Blick Rotherberg, 16 Great Queen Street, Covent Garden, London, WC2B 5AH.  Those wishing to attend should contact [e-mail]

- ENDS-

For further information please contact:

Tekcapital Plc	via FTI Consulting, LLP
Clifford Gross, Executive Chairman
Malcolm Groat, Finance Director
Northland Capital Partners Limited (NOMAD & Broker for Tekcapital)	[phone]
Louis Castro / Lauren Kettle (Corporate Finance)
John Howes / Alice Lane (Corporate Broking)
Optiva Securities Limited (Co-Broker for Tekcapital)	[phone]
Jeremy King / Vishal Balasingham
FTI Consulting, LLP (Public relations for Tekcapital) Chris Lane / Emma Appleton / Roger Newby	[phone]

Blick Rothenberg LLP Genevieve Moore	[phone]
Cleveland Jacki Muirhead	[phone]

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About Tekcapital plc - The World's Largest University Network for Open Innovation

Tekcapital helps clients profit from new, university-developed intellectual properties.

With its proprietary discovery search engine, linked to 3,300+ universities in 160 countries, coupled with expert scientific review, Tekcapital provides a turn-key service to make it easy for clients to find and acquire the IP they need to create a competitive advantage.

Tekcapital plc is listed on the AIM market of the London Stock Exchange (AIM: symbol TEK). It is headquartered in Oxford, in the UK. For more information, please visit www.tekcapital.com

About Blick Rothenberg LLP

Blick Rothenberg LLP is a leading independent firm of chartered accountants. Based in Central London, with associate offices in 70 countries, we offer audit, assurance and business advisory services, as well as advice on corporate and personal tax matters.

We are one of the largest single office practices in the country and are committed to remain of a size where continuity and personal attention still remain possible. We combine the experience and expertise of a large organisation with the approachability of a smaller personal advisor. We are proud of our heritage and our culture, and place emphasis upon quality of service, meeting our clients' needs and leading-edge technology.

Our experience and market focus enable us to offer a rare blend of professional expertise and personal service to a wide range of clients, from global groups and listed companies to owner managed businesses, private individuals and charities. www.blickrothenberg.com

About Cleveland

Cleveland is a dynamic, client-focused firm of patent and trade mark attorneys, who help clients convert their ideas into strategic business advantage.

We advise on all aspects of intellectual property, in particular patents, trademarks, registered designs, unregistered design rights, domain names, copyright and passing off. As well as helping clients obtain registered rights, our attorneys provide strategic advice and portfolio management services to businesses ranging from SMEs to multinational corporations.

We place a high value on building long standing relationships with our clients, and on developing a detailed understanding of their businesses and the industries in which they operate. This in-depth knowledge enables specialist patent and trade mark teams to provide tailored, commercially-relevant advice. www.cleveland-ip.com

 

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