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WASHINGTON — Robert Cresanti, former Under Secretary of Commerce for Technology and chief privacy officer for the U.S. Department of Commerce, has joined Ocean Tomo LLC, as a managing director. At Ocean Tomo, a firm that advises on intellectual property mergers, acquisitions, investments, valuations and related services, Cresanti will be responsible for the firm’s market indexes (AMEX; OTPAT, OYPATG and OTPATV). He also will serve as chief executive of the firm’s affiliate, Intellectual Property exchange Chicago (IPX Chicago). As Under Secretary of Commerce for Technology and chief of the Technology Administration (TA), Cresanti worked closely with the Under Secretary for Intellectual Property and director of the U.S. Patent & Trademark Office.�His experience included advising the Secretary of Commerce on the impact of changes to patent policy. He was also the highest deciding official in the U.S. Government on patent disputes between agencies and inventors that were employed by the government. During his tenure, Cresanti led almost 3,000 Technology Administration (TA) professionals in maximizing competitiveness and innovation in the U.S. Government and technology industry. �He co-chaired�the Committee on Technology and�the Interagency Working Group on Manufacturing R&D within the President’s National Science and Technology Council (NSTC). Before his confirmation, Cresanti held senior executive and legal positions within two technology trade associations in Washington. Earlier in his career, he served as staff director for the Senate Special Committee on the Year 2000 Technology Problem. His experience in writing banking and securities legislation for the House and Senate Banking Committees enabled him to rise to the position of staff director for the Subcommittee on Financial Services and Technology for the Senate Banking Committee. Cresanti received his B.A. degree from Austin College and his J.D. degree from Baylor University. “We are absolutely delighted that Robert has chosen to join us,” said James Malackowski, President and CEO of Ocean Tomo. “Since Robert’s top priority, as Under Secretary, was to promote U.S. competitiveness in the global economy, his decision to align his future with a merchant banking firm focused on IP assets reflects the significance of IP in the development and preservation of the nation’s economy.”

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