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Acacia Subsidiary Enters into License and Settlement Agreement with Charles Schwab Corporation

Acacia Research Corporation (Nasdaq: ACTG) announced today that its Unified Messaging Solutions LLC subsidiary has entered into a license and settlement agreement with Charles Schwab Corporation. This agreement resolves patent litigation that was pending in the United States District Court for the Northern District of Illinois.

ABOUT ACACIA RESEARCH CORPORATION

Acacia Research Corporation’s subsidiaries partner with inventors and patent owners, license the patents to corporate users, and share the revenue. Acacia Research Corporation’s subsidiaries control 250 patent portfolios, covering technologies used in a wide variety of industries.

Information about Acacia Research Corporation and its subsidiaries is available at www.acaciaresearchgroup.com and www.acaciaresearch.com.

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