ThinkFire Names Former Bain & Company Partner, Steven J. Hoffman, President

Business Wire, Nov 19, 2007

Prior Head of Bain's Boston Office will Manage ThinkFire's Growth and Operations

WARREN, N.J. -- ThinkFire, the leading intellectual property business advisor to high-technology and private equity firms, announced today that the board of directors has named Steven J. Hoffman to the newly created position of president. Mr. Hoffman, who was also elected to the company's board of directors, was a former Bain & Company partner and headed its largest office.

Mr. Hoffman will be responsible for the management of ThinkFire's operations and its expansion in current and new areas. He will free CEO Dan McCurdy to spend more time developing strategic initiatives to combat the ever-increasing threats posed by patent trolls, evaluating business and IP issues in domestic and international private equity transactions, and advising business and IP executives in the U.S. and abroad.

"ThinkFire is enjoying another year of record growth," said Dan McCurdy, CEO. "Steve brings a wealth of management and professional services experience to the company, and we welcome his expertise as we expand our business, including IP strategy, market analysis and patent brokerage."

"I'm excited to be joining an industry leader in the rapidly growing IP services sector," said Mr. Hoffman. "ThinkFire has achieved a great deal since its inception in 2001. The company's expertise and depth uniquely positions it to realize even greater growth in the near term as demand for business advice on IP matters continues to exceed supply."

Mr. Hoffman was responsible for restoring Bain & Company's 450-person Boston office to profitability in 1992. More recently he served as Senior Vice President and head of the global strategy practice for CSC Index. In his prior role as the head of Index' Chicago office, he grew the practice from 18 to 115 people and $32mm in revenue, making it the firm's largest and most profitable office. At Sapient, a $250MM publicly held software development and consulting firm, he served as Executive Vice President in charge of the firm's financial services practice.

Mr. Hoffman holds a B.A. in Economics from Wesleyan University and a M.B.A. in Finance from the University of Chicago.

In a separate matter, Don Boreman has left ThinkFire. Don had served as Executive Vice President.

About the Company

ThinkFire, Inc. (www.thinkfire.com) is an intellectual property services firm that works with leading information technology, telecommunications, semiconductor, software, consumer electronics, financial services, and private equity firms. ThinkFire's IP management resources help its clients increase profitability, minimize expense, and enhance freedom to operate. Since 2002 ThinkFire has achieved more than $1.5 billion in sales, licenses and judgments for patent owners worldwide.

ThinkFire's professionals include negotiators, market analysts, technologists and patent attorneys who have been previously associated with leading technology and professional services firms including IBM, Accenture, Siemens, PwC, Lucent Technologies, Bain & Company, The McKenna Group, and Intel. ThinkFire offices are located in greater New York, Boston and San Francisco.