JERICHO, N.Y., Oct. 23, 2024 /PRNewswire/ — Global consulting firm J.S. Held, proudly celebrating 50 transformative years, joins Ocean Tomo in welcoming David Kennedy and Larry Tedesco to the intellectual property (IP) practice. 

David Kennedy, CPA, is an expert in intellectual property valuation and negotiating the economics of patent sales and licensing agreements. He has been acknowledged as one of the World’s Leading IP Strategists by Intellectual Asset Management (IAM) for each of the last 11 years.

Mr. Kennedy has bought and sold patent portfolios, negotiated license agreements in commercial transactions, and helped clients establish royalty rates for individual patents and large portfolios of implementation and standard essential patents. Additionally, he has provided forensic consulting services in litigation matters and has testified as an expert witness in numerous matters involving patents, copyrights, and trade secrets covering a wide variety of technologies and technical benefits. Mr. Kennedy has testified as a patent licensing and reasonable royalty expert in ICC International Arbitration proceedings and federal courts – including opining on royalty rates for standard essential patents, implementation patents, and US and worldwide portfolio rates.

His intellectual property experience includes:

35 years as a CPA, auditor, and accounting consultant for corporations, financial institutions, government agencies, and law firms performing audits, litigation support, IP and asset valuation, IP management, and forensic accounting servicesServing as the primary negotiator or advisor in over 200 IP-related negotiations as both an owner of IP or on behalf of companies, universities, and inventors, including patent sales, license agreements, and cross-license agreementsReview and analysis of thousands of patent license agreements to determine effective royalty rates and evaluate specific aspects of the license negotiation process to determine comparable licenses for litigation and negotiation purposes

Mr. Kennedy’s professional experience started over 35 years ago as a CPA for Coopers & Lybrand (now PWC). His experience includes investing in and raising venture capital for intellectual property-based companies and negotiating the economics of patent sales. He has also purchased patent portfolios and implemented licensing programs as an owner and manager of the patents and on behalf of investor groups, inventors, and corporations, including the determination of appropriate royalty rates in the marketplace.

Larry Tedesco, CVA, CLP, MAFF, is an intellectual property valuation, licensing, and damages expert. He is acknowledged as one of the World’s Leading IP Strategists and Patent Professionals by Intellectual Asset Management (IAM). Mr. Tedesco has spent a large portion of his career developing, managing, valuing, and licensing intellectual property as both an operator and a consultant. He has provided multiple levels of damages evaluations for both plaintiffs and defendants in a wide range of IP disputes. He is a Certified Valuation Analyst (CVA), a Certified Licensing Professional (CLP), and a Master Analyst in Financial Forensics (MAFF).

Mr. Tedesco has provided forensic and expert consulting services in litigation matters regarding patent royalty structures and modeling, lost profits, reasonable royalties, unjust enrichment, trade secrets, and other forms of economic damages related to complex commercial litigation, IP licensing, and valuation. Mr. Tedesco has reviewed and analyzed thousands of license agreements.  He has determined FRAND royalty rates for Standard Essential Patents in a variety of technologies including wireless telecommunications, Wi-Fi, and audio/video.

His experience includes:

More than 20 years of IP development, valuation, monetization, and enforcementNegotiating over 200 IP transactionsReview and analysis of thousands of license agreementsDamages evaluation, including lost profits, reasonable royalty, unjust enrichment, and other forms of economic damagesAssisting clients with the determination of FRAND/RAND royalty rates for standard essential patents.

As an operator, Mr. Tedesco has significant experience monetizing intellectual property in a wide variety of industries, including telecommunications, medical devices, software development, electronics, manufacturing, and augmented reality. He has held senior-level management positions where he obtained extensive experience developing patent assets in addition to designing and implementing IP licensing programs. Mr. Tedesco has negotiated more than 200 IP transactions and managed the licensing program to an industry-leading essential Ethernet patent portfolio.

These two stalwart experts join a multidisciplinary team of multidimensional experts – accountants, financiers, scientists, lawyers, and engineers. Together, the team provides a leading array of financial and technical services related to intangible assets. Built upon more than three decades of experience valuing IP in the most rigorous of venues: state, federal, and international courts, Ocean Tomo financial, market, and technical experts, with an understanding of the contributory value of patented inventions, know-how, brands, and copyrights that permeate every business.

“We have known and worked with David and Larry for decades. We are grateful to have them now as part of the Ocean Tomo team, enhancing our scope of experience and ability to provide a full-service solution on IP matters,” shared Ocean Tomo co-founder and Senior Managing Director James E. Malackowski, CPA, CLP.

Ocean Tomo financial testimony professionals have industry-leading experience across all types of disputes and are particularly skilled in the determination of damages in matters involving IP. The firm’s IP experts have decades of litigation analysis experience, benefiting clients when they evaluate complex financial data, qualitative facts, supporting testimony, and damages-related case law. Ocean Tomo experts are routinely qualified in U.S. District Courts, U.S. Bankruptcy Courts, U.S. Tax Court, U.S. Court of Federal Claims, state courts, the U.S. Patent and Trademark Office Patent Trial and Appeal Board, international courts, and arbitration tribunals on questions relating to IP economics. Ocean Tomo experts are known for a “teaching” – as opposed to “telling” – approach of testimony. Rather than only providing a judge or jury with an opinion, experts communicate the key facts and relevant theories in a clear and logical manner.

The Ocean Tomo team specializes in understanding and leveraging intellectual property with offerings that include financial expert testimony, IP valuation, strategy consulting, business intelligence, technical support, investment advisory, innovation management consulting, and transaction brokerage.

As a part of J.S. Held, Ocean Tomo works alongside more than 1,500 professionals globally and assists clients – corporations, law firms, insurers, governments, and institutional investors – on complex technical, scientific, and financial matters across all assets and value at risk.

David Kennedy and Larry Tedesco are now part of the dedicated and entrepreneurial experts who help transform J.S. Held. Explore our story, and celebrate this momentous milestone, our 50 & Forward celebration, with us at jsheld.com.

About J.S. Held

J.S. Held is a global consulting firm that combines technical, scientific, financial, and strategic expertise to advise clients seeking to realize value and mitigate risk. Our professionals serve as trusted advisors to organizations facing high stakes matters demanding urgent attention, staunch integrity, proven experience, clear-cut analysis, and an understanding of both tangible and intangible assets. The firm provides a comprehensive suite of services, products, and data that enable clients to navigate complex, contentious, and often catastrophic situations.

More than 1,500 professionals serve organizations across six continents, including 81% of the Global 200 Law Firms, 70% of the Forbes Top 20 Insurance Companies (85% of the NAIC top 50 Property & Casualty Insurers), and 65% of the Fortune 100 Companies.

About Ocean Tomo

Ocean Tomo, a part of J.S. Held, provides Expert Opinion, Management Consulting, Advisory, and Specialty Services focused on matters involving intellectual property (IP) and other intangible assets. Practice offerings address economic damage calculations and testimony; business licensing strategy and contract interpretation; patent-focused business intelligence; portfolio development strategy; litigation support; trade secret reasonable measures; asset and business valuation; strategy and risk management consulting; merger and acquisition advisory; debt and equity private placement; and IP brokerage.

J.S. Held, its affiliates and subsidiaries are not certified public accounting firm(s) and do not provide audit, attest, or any other public accounting services. J.S. Held, its affiliates and subsidiaries are not law firms and do not provide legal advice. Securities offered through PM Securities, LLC, d/b/a Phoenix IB, a part of J.S. Held, member FINRA/ SIPC or Ocean Tomo Investment Group, LLC, a part of J.S. Held, member FINRA/ SIPC. All rights reserved.

Media Contact

Kristi L. Stathis, J.S. Held, +1 786 833 4864, Kristi.Stathis@jsheld.com, JSHeld.com

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SOURCE J.S. Held

 Six Months into Her Tenure, CEO Anushka Salinas Announces Executive Appointments to Strengthen Nanit’s Commitment to Transforming the Future of Smart Parenting

NEW YORK, Oct. 23, 2024 /PRNewswire/ — As Nanit, the pioneer in smart baby monitoring, celebrates its 10th anniversary, the brand has announced an expanded C-Suite with several key executive hires who will build on Nanit’s momentum and drive significant growth in its next phase. New appointments include Victoria Vaynberg as Chief Customer Officer, Grace Fu as Chief Legal and Administrative Officer, and Maya Simon as Chief Revenue Officer.

“As the brand enters its next decade, we are excited for Nanit to remain customer-centric and committed to revolutionizing smart parenting,” said CEO Anushka Salinas. “By bringing in best-in-class leaders to these new roles, we can continue to grow the brand with a deep focus on long-term family wellness.”

With these diverse leaders at the helm, Nanit’s investment will enrich the overall customer journey and continue to drive platform innovation.

Victoria Vaynberg, Chief Customer Officer, brings deep knowledge of digital marketing, brand and customer experiences from her tenures at Zola, Resy, Anheuser-Busch, and ESPN. She will lead marketing end-to-end, driving strategies that deliver growth at scale in the U.S. and internationally. Additionally, she will oversee customer success, developing cohesive and engaging customer journeys that foster lasting relationships with the customer well beyond the first year.

Maya Simon, Chief Revenue Officer, will drive the company’s global e-commerce, subscription, and wholesale sales efforts and identify new revenue-driving opportunities. Maya brings a wealth of experience from the tech and e-commerce sectors, having worked across companies ranging from Series A startups to Fortune 50 giants. Over the past decade, she played a pivotal role as a member of the executive team at Zola, a leading venture-backed wedding tech company. Most recently, she served as General Manager of Zola’s Vendor Marketplace, a B2B2C platform to help couples connect with local wedding vendors. Under her leadership, the platform developed multiple revenue streams, including subscriptions and ad products.

Grace Fu, Chief Legal and Administrative Officer, will oversee the company’s legal and human resources functions. Before joining Nanit, Fu held senior executive roles across various industries, including General Counsel and Secretary of KAYAK and OpenTable, Chief Legal and Administrative Officer and Executive Vice President at Barneys New York, and Deputy General Counsel and Corporate Secretary at Revlon. Grace began her legal career as an M&A attorney at Skadden, Arps, Slate, Meagher & Flom in New York City.

Since its launch in 2014, Nanit has focused on creating innovative technology that delivers personalized data, support, and confidence to every family. Nanit’s innovative product portfolio and unique digital experience have tripled revenue and user base since 2020. Nanit has fostered strong consumer loyalty and has become an essential product for parents with unprecedented staying power. After the initial newborn phase, nearly 70% of Nanit customers continue to use the product for 4+ years, a testament to the utility of Nanit’s expansive range of features that grow with families and deliver value year-on-year. These successes provide a strong foundation for the brand to build upon as it enters the next stage of growth and innovation, enabling the newly expanded leadership team to drive the brand into the future.

About her new role, Vaynberg states, “From my time at Zola, I learned that long-term customer engagement is directly related to expanding alongside customers’ life stages. As users continue to use the product well into toddlerhood, we have an incredible opportunity to deliver smart solutions and personalized support at every stage of the parenting journey.”

ABOUT NANIT

Nanit is the high-growth pioneer parenting tech company that has changed how parents view their babies’ wellness through the world’s most advanced baby monitors and parenting products. Families can access personalized insights, guidance, and parenting data on demand from the AI-powered Nanit camera that tracks and analyzes a baby’s sleep and growth to resources within Nanit Community and Nanit Lab. Since launching in 2016, Nanit has tracked over 4 billion hours of sleep, 556 million parental visits, over 428 million morning wakeups, and delivered 20 million memories. For more information, visit www.nanit.com and follow Nanit on Instagram and TikTok.

MEDIA CONTACT:                  
IFP Communications
info@ifpcommunications.com

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SOURCE Nanit

Modern Single-Use Solutions Standardize Repeatable, Consistent Patient Safety

CORCORAN, Minn., Oct. 23, 2024 /PRNewswire/ — BoneFoam, Inc. is launching a new portfolio of innovative patient protection solutions aimed at reducing the most prevalent hospital-acquired injuries by delivering consistent, repeatable outcomes at optimized costs.

The Guardian Patient Protection portfolio includes single-use Face Guard, Arm Guard, Leg Guard and Head Guard to safely address hospital-acquired injuries such as pressure and nerve-related injuries, as well as soft tissue and skin shearing injuries which can occur in prolonged surgeries. Hospital-acquired injuries can lead to extended recovery and additional costs and may negatively affect hospital reimbursement by Medicare’s Hospital-Acquired Condition (HAC) Reduction Program.

“A patient shouldn’t go into an operating room for a procedure and leave with a non-operative pressure-related injury,” said Buzz Hannahan, president and CEO, BoneFoam, Inc. “Guardian’s purpose is simple – raise the standards of patient safety at hospitals and ambulatory surgery centers nationally by reducing risks.” 

According to a recent AORN Journal report, “the surgical positioning for an intervention is fundamental so that it is efficient and safe to perform the surgical procedure. The position of the patient allows exposure, access to the operative site [and] it is the responsibility of all surgical staff to protect the patient from any adverse events resulting from the surgical position.”

BoneFoam intentionally created its Guardian portfolio to align with health systems’ financial goals under value-based reimbursement models. These models strive to reduce complications arising from OR variability and lower cost-burden services like laundry and linen.  

Access images and video here. 

About BoneFoam, Inc.
BoneFoam is a medical-device company focused on innovating patient positioning solutions for a wide array of surgical and rehabilitation needs. BoneFoam distinguishes itself with innovative, high-quality solutions that optimize safety and efficiency while enhancing operative techniques in Orthopaedic Trauma, Spine, Sports & Arthroplasty, Anesthesia, and Rehabilitation. BoneFoam serves over 7,500 hospitals and ASCs globally and is headquartered outside of Minneapolis/St. Paul in Corcoran, Minnesota.

(HAC) Hospital-Acquired Condition Reduction Program
The HAC Reduction Program is a Medicare value-based purchasing program that reduces payments to hospitals based on their performance on measures of hospital-acquired conditions (HACs). The HAC Reduction Program encourages hospitals to improve patients’ safety and implement best practices to reduce their rates of infections associated with health care.

Contact:
Jason Schumann
for BoneFoam, Inc.
612-816-5718
jason@amperecom.com

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SOURCE BoneFoam, Inc.