PWC IP Database Boosts Active BV Arena

Sellers and traders of intellectual property services, such as trademarks, patents and valuation services now have a way to speed up the process through the Internet.

The Houston office of PricewaterhouseCoopers operates the Intellectual Property Exchange, and online database of sellers and traders who offer IP online. The Web site also includes a knowledge library with links, online articles and access to other services.

The intellectual property marketplace is a hot topic for the accounting profession, given the new specialty CPA/ABV accreditation offered by AICPA, and the entrance of organizations like the Financial Consulting Group, an association of more than 55 CPA firms who joint venture on business valuation and litigation engagements.

PWC has offered the site's services since summer 1999 for individual users at a rate of $25 to access the service, and charges $200 to list any properties on the site. There now is a new corporate rate--$500 to $2,000 annually-- charged for multiple users.

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