Archive for September 29th, 2008

Gerbsman Partners has been retained by the Board of Directors of Identity Engines “IDEngines” or the “Company”; (), to solicit interest for the acquisition of substantially all of IDEngines’s assets, including its intellectual property (“IP”), in whole or in part (collectively, the “IDEngines Assets”)

The Company

Founded in 2004 and based in Sunnyvale, California, Identity Engines has raised approximately $26M in funding from leading Silicon Valley venture firms Horizon Ventures, Lightspeed Venture Partners, and Trinity Ventures.

IDEngines’s assets include patents, products, software, core team members, partially complete software features, prototypes, visionary product roadmap, trademarks, in progress trials, customers, and vendor relationships and market presence.

Interested parties can acquire IDEngines’s core technology, market presence, customer contacts and vendor lists, which would enable the purchaser to leverage existing business and customer relationships for sales growth purposes.

The sale of the IDEngines Assets is being conducted with the cooperation of IDEngines. IDEngines and its employees and retained consultants will be available to assist purchasers with due diligence and a prompt, efficient transition. Notwithstanding this offer of assistance, IDEngines should not be contacted directly without the prior consent of Gerbsman Partners or the IDEngines Board.

For more information, please contact:

Steven R. Gerbsman
(415) 456-0628

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