Balthaser Online Inc.

Quest Licensing entered into a consulting and licensing program management agreement with Balthaser Online Inc (“Balthaser Online”). Under the terms of the agreement, Quest performs services related to building a licensing program to evaluate and analyze the relevant market and to obtain licenses for Balthaser Online’s intellectual property and technology rights including U.S. Patent No. 7,000,180, “Methods, Systems, And Processes For The Design And Creation Of Rich Media Applications Via The Internet” issued on February 14, 2006. Quest receives consulting fees for its services as well as a percentage of licensing royalty revenues generated from the licensing of Balthaser Online’s patented technology.

Balthaser Online Inc. is one of the world's most acclaimed and respected online technology and development companies. It launched its first online design system in 2000 and was awarded a ground-breaking patent for its technology in 2006. Among Balthaser's clients are Mac|Life (their Tablet Edition iPad app, created by B3, raced to the number one spot in Apple's iPad app store in just three days), Charles Schwab, Wyeth Pharmaceuticals, and Restoration Hardware. More information about the company can be found at http://www.balthaser.com.