New York, NY / April 10, 2014 / SeeThruEquity, a leading New York City based independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced that it has initiated coverage on CopyTele Inc. (OTCQB: COPY), a company that develops and acquires patented technologies for the purposes of patent monetization and patent assertion.
“CopyTele’s patent portfolios are wide ranging, and well positioned in very attractive end markets and each of the respective portfolios has the potential to generate significant revenue for the company,” commented Ajay Tandon, CEO of SeeThruEquity. “We have initiated coverage on COPY with a price target of $1.12 per share.”
Highlights on the company are as follows:
- New management and business model offers growth potential.
- Diverse patent portfolio across attractive end markets.
- Debt offering shores up balance sheet.
The report is available at: COPY Initiation Report. SeeThruEquity is an approved equity research contributor on Thomson First Call, CapitalIQ, FactSet, and Zack’s and the report will also be available on these platforms.
Please review important disclosures on our website at http://www.seethruequity.com/.
SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. The research is not paid for and is unbiased. We do not conduct any investment banking or commission based business. We are approved to contribute our research to Thomson Reuters One (First Call), CapitalIQ, FactSet, Zacks and distribute our research to our database of opt-in investors. We also contribute our estimates to Thomson Estimates, the leading estimates platform on Wall Street.
For more information visit http://www.seethruequity.com/.
About CopyTele Inc.
CopyTele Inc. (“CTI”) develops and acquires patented technologies for the purposes of patent monetization and patent assertion. The company currently has 9 patent portfolios in the areas of Key Based Web Conferencing Encryption, Encrypted Cellular Communications, E-Paper® Electrophoretic Display, Nano Field Emission Display ("nFED"), Micro Electro Mechanical Systems Display ("MEMS"), Loyalty Conversion Systems, J-Channel Window Frame Construction, VPN Multicast Communications, and Internet Telephonic Gateway.
For more information please visit the company website: http://www.ctipatents.com/.
Release ID: 40024