NEWPORT BEACH, CA – Acacia Research Corporation announced Wednesday that one of its wholly-owned subsidiaries, Financial Systems Innovation LLC, has entered into three new licensing agreements for credit card fraud prevention technologies that are protected by a patent portfolio that the company had acquired. The new licensees include Albertsons, The Bombay Company and the HEB Grocery Company.”This is the third patent portfolio we have begun generating revenues from since acquiring rights to 27 patent portfolios earlier this quarter,” said Paul Ryan, Chairman and CEO of Acacia. “We will continue to acquire additional patent portfolios as we move toward our goal of becoming the leading technology licensing company.”

The technology in question is a system that makes it possible for retailers to refrain from printing credit card information on store receipts without losing the ability to identify the specific transaction at a later date. It specifies use of an electronic card reader and the production of a unique transaction number independent of the customer’s credit card number.

Previous licensees include the GAP, J.C. Penny, Office Depot, Petsmart, Pier I, Radio Shack, Target and Walgreens.

The Acacia Research made a splash in the adult entertainment business in 2003 when it first started to contact adult website operators with demands that they license its streaming media patent or face legal action. Acacia Vice President Rob Berman described adult website operators as “low-hanging fruit” when asked about the company’s unusual strategy. Some adult companies agreed to Acacia’s licensing terms, while others refused.

Gregory Clayman, President of VS Media, Inc., and Spike Goldberg, President of New Destiny Video Group, the Internet Division of HomeGrown Video, contacted the prestigious law firm of Fish and Richardson and ultimately formed an industry Defense Group to challenge Acacia. The Defense Group is currently fighting Acacia’s patent claims in court.