Over the last 2 months or so, July Systems got awarded 3 patents, 2 in DRM arena

7,103,351 Policy service system and methodology
7,089,594 Application rights management in a mobile environment
7,076,562 Application intermediation gateway

I will be looking at the claims to determine if they have any broader implications. There are a number of other players who own DRM patents that get licensed, so it will be interesting to see what’s unique about these. DRM is a critical piece of the puzzle and if they are strong patents, company’s valuation would go up.