The four founders of TTPCom have joined forces with Professor Rick Hillum to form Camitri, a new venture, backed by Imprimatur Capital, that will market intellectual property from world leading universities and research institutes to the communications industry.

Gordon Aspin, Mark Collins, Richard Fry and Tony Milbourn were the executive team that started TTPCom in 1987. Rick Hillum brings to the venture a rich portfolio of communications IP that he has built up within ICIPR, his existing company, which is merged into the new venture.

Tony Milbourn, Camitri’s CEO, said, "Universities are renowned for their creativity and have been the prime movers for many of the world's most innovative start-ups. However, there is a wealth of innovation that is most effectively exploited by licensing to existing companies rather than creating new ones. This is the market that Camitri will address."

The company has already established formal relationships with leading global institutions specialising in communications technology research. Professor Rick Hillum, the director responsible for managing these relationships, commented, "Much of the innovation that occurs in universities around the world is capable of changing the industry. Camitri, by building bridges between the academic and the commercial world, can play a major role in getting the true value of that innovation recognised, generating valuable new funding streams for universities and differentiated products for our industry partners."