AST’s Mission

We are a Member-driven cooperative that provides patent risk mitigation services to some of the world’s most innovative and recognized technology companies.  Our unique non-profit model means that
Members come first every day.

We are singularly focused on helping global companies analyze patent purchase opportunities and complete defensive patent acquisitions in a fully transparent, efficient and cost-effective way.


We act with integrity, trust, respect and transparency in the work that we do, the people we interact with and the decisions we make. We own up to and learn from our mistakes. We are professional to one another and to those we serve.


We strive to continually learn, improve, adapt, evolve and innovate in our products, services, communications ourselves and our relationships with a positive open-mind and can-do attitude. We listen, are open to fresh perspectives and value disagreement.


Each person is empowered to take responsibility for their own job and goals and be a positive contributor to the services, goals, communications and team dynamics. We have a shared responsibility and accountability to speak up and take initiative to maintain our team’s strong foundation and also be a positive agent of change.


We want all Members to have meaningful and positive interactions with AST. We strive to understand and anticipate our Members’ needs and provide personal and thoughtful service.


We value a holistic and balanced work environment. We strive for excellence and also take time for fun and celebration. We encourage individual team behaviors that support a healthy and productive lifestyle.

AST Through the Years

“We began as an experiment by a handful of our nation’s biggest tech leaders who sought a more effective way to combat unwanted patent assertions and litigation. Nothing like this had ever been done before. The result was AST, a thoroughly groundbreaking Member-driven cooperative where representatives from various industries could work together to mitigate risk and promote a better functioning IP marketplace. Today our mission is more significant than ever, and AST now includes Member companies from across multiple industries including information technology, software, semiconductors, communications, automotive, health tech, and social media. Please take a look below at how we have grown into one of the industry’s most unique and innovative providers of patent risk mitigation solutions.”

Russell Binns
Chief Executive Officer, AST



AST’s Membership reaches 40 by adding ASSA ABLOY; in addition to a leading medical equipment company; a cloud-based proprietary instant messaging platform; and a cloud-based software company.

Russ Binns, AST CEO, named to 2019 IAM Magazine Top 40 Market Makers list of “The World’s Elite IP Deal Makers” for 4th consecutive year.

AST conducts the most successful IP3 to date – this year’s program solicited patents from a wider group of technology areas than previous years.

Russ Binns, AST CEO, shares his thoughts on five years heading AST.

AST reaches industry milestone with more than 10,000 portfolios reviewed and published.



AST adds Spotify and an American online news and social networking service as new Members, with AST continuing to expand its automotive and transportation services Membership as well. Now with more than 30 active Members, these prestigious companies join industry stalwarts including Cisco, Ford, Google, Honda, IBM, Intel, Microsoft, Oracle, Philips, SAP, Sony, and Uber.

Aistemos Launches Cipher n/d, a new approach to IP analytics powered by AST’s comprehensive product taxonomy

AST announces results of IP3 2017

CEO Russ Binns publishes blog in Law360 on ‘Recent Patent Trends: Quantity Over Quality?’

AST announces IP3 2018 in May, broadening buyer pool and technology areas of focus

AST launches IAM AST Quarterly Insights.

Russ Binns named to “IAM’s Top 40 Elite IP Market Makers” for third consecutive year


AST celebrates its 10th Anniversary with its current Membership representing top global companies from a wide-range of industries including Avaya, Ford, Google, Honda, IBM, Intel, Microsoft, Oracle, Philips, and Sony

Russell W. Binns, CEO named as one of IAM’s IP Personalities of 2016 READ MORE >

AST launches IP3 2017 targeting specific industries for the first time.

AST hires former Yahoo! IP executive Ray Strimaitis as vice president, corporate development and global strategy.

IAM publishes article on December 15th touting: ‘AST is on track for record year as it capitalizes on buyers’ market for patent dealmakers.’

AST expands its Membership to include a multinational mass media and entertainment conglomerate and a leading e-commerce website.

Russ Binns named to  “IAM’s Top 40 Elite IP Market Makers”


AST launches new website in April:

IP3 – Industry Patent Purchase Program is launched in May with 21 of the world’s largest companies READ MORE >

Membership reaches 33 Members

Russell Binns, CEO, named to the 2016 IAM Magazine list of “the world’s elite IP deal makers” in October READ MORE >

fAST IP new developments in December include new designs of Lot Search and Lot Detail pages

Russ Binns named to  “IAM’s Top 40 Elite IP Market Makers”



Dan McCurdy named to IAM Top 40 Market Makers

Russell W. Binns appointed CEO of the Trust in July 2014

AST’s Membership expands to include two major auto companies, Ford and Honda (2015), boosting Membership to 29 with an additional tech company

2012 - 2013

MIPS Technologies agrees to sale of patent properties to AST in 2012 for $350M

NPEs/PAEs initiated 62% of all patent litigation in 2012

Membership expands to the LED sector along with Microsoft, Sony and other large companies, increasing Membership to 27


AST adds first social media Member in addition to two other Members exceeding 20 Members in total

Dan McCurdy named to IAM list of 50 people who shape the patent market


fAST IP, AST’ s web-enabled, Members-only tool to access, analyze and search our patent database, goes live – June 14

NPEs/PAEs initiated 29% of all patent litigation in 2010

AST adds three other prominent Members, including another major cable company, increasing Membership to 19



AST begins building dozens of relationships with seller network

AST’s Membership expands to the cable/communications content industry in addition to adding other large technology companies


AST adds five new Members including IBM, Google, Avaya and Philips, marking its first health tech company to join the organization

AST completes its first portfolio sale in May

Daniel P. McCurdy appointed CEO of the Trust in August

Plans begin to develop for a proprietary, automated system to allow Members to readily evaluate patents on the open market and facilitate patent transactions, which becomes fAST IP nearly two years later


AST’s Trust Agreement is finalized Jan 1st incorporating innovative elements such as game theory and a catch and release mechanism

AST identifies founding principles and sets objectives and strategy of the organization

Hewlett Packard, Kodak, Motorola and Sun Microsystems become the Founding Members of AST

Allied Security Trust established as a Delaware Statutory Trust on Jan 1st Initial membership is capped at 24 companies

Brian Hinman appointed CEO of the Trust in March

2005 - 2006

Several major US companies come together to begin discussions about addressing the need for new risk mitigation solutions to combat patent assertion entities following Commerce One sale



Commerce One’s patent portfolio sale is completed in 2004, sending a clear signal to the market of the growing threat of NPEs to the patent industry

NPE and operating company patent litigations begin to rise