Acquisition of Peregrin Portfolio Completed
Quest is excited to announce a new portfolio acquisition.
Acquired in February 2021 and assigned to our wholly owned subsidiary Peregrin Licensing LLC, this portfolio consists of eight issued United States patents.
The patents generally relate to systems and methods for processing inbound and outbound communications, for example, determining the location of a caller and routing the inbound communication to an entity in the caller’s location.
The product of the innovative efforts of Michael Morency, President and CEO of Peregrin Services Corp, and his co-inventors, the patented technology has applications in, among others, the financial services, credit counseling and healthcare industries.
Quest CEO Jon Scahill commented, "the Peregrin portfolio is the first acquisition out of our recently announced $27m acquisition capital facility. We're excited to add these assets to our portfolio of intellectual property."
You can find a list of the Portfolio Assets comprising the Peregrin Portfolio on our new Peregrin page.