DENVER, CO, May 20, 2002 - Thought Equity Management
Inc., a leader in the collection and distribution of intellectual
property, today announced plans for its state-of-the-art Intellectual
Property (IP) Refinery.
The purpose of the IP Refinery is to sort, profile,
refine and package intellectual property from a variety of sources
including professional service, high growth and insolvent companies.
To help build this IP Refinery, Thought Equity has
selected Ridge Creative, a full-service consulting and advertising
agency located in Laramie, Wyoming. Ridge Creative was selected
based on their experience working with a range of customers from
large enterprise to small business, and their ability to produce
nationally competitive results.
"We are excited to be part of Thought Equity's vision,"
said David Coleman, president of Ridge Creative. "For the past 8
years, Ridge Creative has prided itself on its commitment to excellence
and high tech work, and this development marks a huge win for us."
Thought Equity first chose Laramie as the desired
location for the IP Refinery, and then selected Ridge based on their
qualifications. Ridge Creative will consult on, and help build Thought
Equity's stock creative inventory, which is supplied to various
software companies and business service providers worldwide.
"Ridge Creative has a progressive approach to problem
solving and consulting, and has composed a diverse team of talent
that fits in well with Thought Equity's mission," stated Kevin Schaff,
CEO of Thought Equity.
"We could have put the IP Refinery anywhere. We chose
Laramie, Wyoming because of its cost-effectiveness, its proximity
to our headquarters in Denver, and the University which provides
us access to a highly educated workforce," continued Schaff. "Both
the state and the University have demonstrated tremendous support
of new business."
This IP Refinery will be the first of its kind in
the intellectual property field, and plans on being fully operational
in early June.
Ridge Creative is headquartered in Laramie, Wyoming and is a nationally
recognized full-service advertising and design firm. Ridge Creative
offers a variety of services including Concept development, Brand
Development, Website development and hosting, broadcast production,
and copywriting. For more information, visit www.ridgecreative.com.
Thought Equity Management, Inc. is headquartered
in Denver, Colorado and is a leading supplier of localized, production-ready
print and video advertising. Large media, cable and broadcast companies
resell the company's ads to reduce pre-press and production costs,
increase gross margins, enhance localized ad quality and realize
a greater advertising result. For more information about Thought
Equity, visit www.thoughtequity.com.