Mr. Yates is the Chief Executive Officer of iPEL, Inc. After graduating from Loyola Law School, he spent a decade representing technology companies and inventors in all aspects of intellectual property, with a particular emphasis on patent rights. In late 2010, Mr. Yates became an entrepreneur and started his first technology company, which began a whole new professional path. In early 2011, he stopped practicing law and pursued his passion for technology and innovation on a full-time basis.
From 2010 to 2018, Mr. Yates became the founder of more than 40 technology companies. While each company was focused on a different aspect of technology, each company had secured intellectual property to help protect their market space. Mr. Yates did not personally invent all of those amazing technologies, but instead he partnered with extremely talented and innovative people and companies. As the owner of those companies, he successfully licensed these novel patented technologies to more than 1,000 companies, including most of the leading technology companies in the world.
Based on his successes as an entrepreneur, many investors wanted to partner with Mr. Yates. In order to achieve even greater impact, in 2017, Mr. Yates partnered with the prominent patent trial attorney, Rasheed McWilliams, to create a new company, iPEL, Inc., which secured $100 million in initial capital.
iPEL is working with technology companies across the globe to develop and commercialize cutting-edge innovations. Within its first year, iPEL acquired more than 1,000 distinct patent families, covering many of today’s most innovative products and services in key markets such as the United States and the People’s Republic of China. iPEL plays a positive role in the innovation economy. In furtherance of its Ethical Non-Practicing Entity (NPE) principles, iPEL is the first and only NPE to offer completely free licensing for small businesses and startups, in addition to providing, truly haggle-free licensing for larger corporations.
Prior to Mr. Yate matriculating to Loyola Law School at Loyola Marymount University, he was awarded a Bachelor of Arts (BA) in Chemistry by Whittier College.