Perseus Global Limited creates United Kingdom advisory council
London, United Kingdom – November 22, 2008 – Pegasus Global Holdings (Pegasus) announced today that it has created its Advisory Council to assist in its goal to source and develop global intellectual property to meet our customers’ requirements. “Pegasus has identified key individuals with extensive commercial, governmental and finance backgrounds to help with growing the Perseus and Pegasus IP development and sourcing capabilities,” said Bob Brumley, Managing Director of Pegasus Global Holdings. “We are proud to be working with individuals like former Dstl Chairman Richard Maudslay and former Defense Ministry Under Secretary Lord (Lewis) Moonie.” Perseus Global, LTD, a wholly owned United Kingdom subsidiary of Pegasus Global Holdings, was formed to seek two-way opportunities between the global marketplace and the United States for advanced innovative technology solutions and services. Through a unique “IP to Market” licensing strategy, Perseus offers the innovator or inventor, public or private, an immediate channel for their product in exchange for a success-based royalty structure. Once licensed, Pegasus takes on the financial risk of prototyping, manufacturing, distribution and service to the customer. Headquartered in Washington, D.C., Pegasus Global Holdings is a global IP development firm that develops technologies in order to meet requirements from our commercial and military customers. Pegasus is a worldwide organization and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.