Brownie's Marine Announces Initiation of Strategic Plan to Further Monetize the Value of its Patents and License Agreement Portfolios
FORT LAUDERDALE, Fla., May 1, 2012 -- Brownie's Marine Group, Inc. (OTCBB:BWMG ), a leading developer, manufacturer and distributor of highly specialized dive and safety products, today announced strategic plans to further leverage its considerable portfolio of Intellectual Property Rights. Brownie’s currently holds ten patents and is a party to numerous license agreements covering new technology it has developed. The Company’s NitroxMaker™ sales continue to make inroads into new retail locations and venues, and the
