Market Overview

Acacia Research Makes Additional Strategic Investment in Miso Robotics


Research Corporation
(NASDAQ:ACTG) announced today that it has
invested in the Series B financing round for Miso
, the leading robotics and artificial intelligence solutions
company for restaurants and food service providers. Miso Robotics will
use the new capital to expand its suite of collaborative, adaptable
robotic kitchen assistants and to broaden applications for Miso AI, the
company's machine learning cloud platform.

Acacia Research President, Rob Stewart commented, "The company's unique
position as a pioneer in autonomous solutions for the commercial kitchen
will not only transform the modern restaurant but will also change the
way we think about how food is produced and served. Acacia is impressed
with the Miso team's execution and the traction the Miso team has gained
with potential customers in a short period of time."

Miso Robotics' robotic kitchen assistants and the Miso AI platform are
designed to boost productivity and improve food quality. This also
enables restaurants and food providers to accommodate increasing
customer expectations for fresher ingredients prepared quickly and
consistently while keeping the cost of food production down.

"We are thrilled by the growing confidence in Miso Robotics and remain
committed to fulfilling our goal of modernizing the $3 trillion global
prepared foods industry," said David Zito, co-founder and CEO of Miso
Robotics. "Acacia's patent expertise and our strategic investors will be
invaluable as we continue to commercialize our cutting edge technology."

The company will soon debut "Flippy" at CaliBurger's Pasadena location
and will roll out the autonomous robotic kitchen assistant to more than
50 CaliBurger restaurants worldwide by the end of 2019.


Founded in 1993, Acacia
Research Corporation
(NASDAQ:ACTG) is an industry leader in patent
licensing and partners with inventors and patent owners to unlock the
financial value in their patented inventions. Acacia bridges the gap
between invention and application, facilitating efficiency and
delivering monetary rewards to the patent owner. Acacia also leverages
its patent expertise and background to partner with emerging disruptive
technologies such as Artificial Intelligence, Robotics and Blockchain.

For more information, visit:


Miso Robotics (
is revolutionizing the restaurant and prepared food industries with
innovative robotics and artificial intelligence AI solutions. Miso was
founded with a mission to leverage AI technology to help chefs cook food
perfectly and consistently and enable restaurants to increase labor
productivity, reduce costs and drive profitability while improving the
overall dining experience. Miso employs a respected team of roboticists,
engineers and industrial designers from Caltech, MIT, Carnegie Mellon,
Art Center and UNC Chapel Hill.

Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995

This news release may contain forward-looking statements within the
meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995.
Such statements are based upon our
current expectations and speak only as of the date hereof.
actual results may differ materially and adversely from those expressed
in any forward-looking statements as a result of various factors and
uncertainties, including the recent economic slowdown affecting
technology companies, our ability to successfully develop products,
rapid technological change in our markets, changes in demand for our
future products, legislative, regulatory and competitive developments
and general economic conditions.
Our Annual Report on Form 10-K,
recent and forthcoming Quarterly Reports on Form 10-Q, recent Current
Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of
the important risk factors that may affect our business, results of
operations and financial condition.
We undertake no obligation to
revise or update publicly any forward-looking statements for any reason.

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