Valuation of ParTec AG Patent Portfolio, Significant Profit Growth Expected

ParTec AG, specializing in the development and manufacturing of modular supercomputers and associated system software, announces a substantial strengthening of its profits following the valuation of its patent portfolio. After transferring its patent protection rights to its wholly-owned subsidiary FL Systems AG & Co KG on December 21, 2023, an evaluation by independent auditors, with the support of patent law firms, places the value of around 150 patents and patent families in the high-performance computing (HPC) and cloud computing domain at 767 million euros.

This estimation, which will be included in the financial statements as of December 31, 2023, is expected to lead to a significant increase in the company's profits for the year 2023, thereby significantly strengthening its equity. ParTec AG now envisions an improved position to meet the growing demand for modular supercomputers for artificial intelligence and to realize the licensing of its intellectual property rights.

Bernhard Frohwitter, CEO of ParTec AG, highlights the considerable potential offered by the company's patents, already used globally in the construction of supercomputers. He emphasizes the commercial valuation of this solid foundation as a pillar of ParTec AG's future success.