Middlefield, OH -- Nitrojection, a leading supplier of gas assist technology and equipment, has announced that it has sold their worldwide patent portfolio to BAUER Compressors, Inc.(Norfolk, VA). The purchase agreement between the two leading gas assist suppliers provides BAUER with complete control over Nitrojection's extensive gas assist patent portfolio. The worldwide patents total thirty-five, including twenty one US patents and numerous foreign patents in Europe, Canada and Mexico. The purchase agreement assigns the patents to BAUER and provides Nitrojection Corp. with a non exclusive worldwide license back. The Nitrojection patents are the second largest gas assist intellectual property portfolio controlled by one company. These patents cover gas assist pressurization control units, in-mold Pins, cone check valves and other mechanical devices used in the implementation of gas assist technology. Both parties believe that patent protection for their customers and mutual respect for another company's intellecutal property rights played key roles in getting the license agreement done. Mr. Bill Ridenour of Polymer Transactions Advisors handled the divstiture of the patents. He stated, "Although we contacted most of the key players in the gas assist industry, BAUER's offer was clearly the superior one and in the best interest of my client, Nitrojection." Both BAUER and Nitrojection Corp. will continue to compete in the marketplace, but will not compete in the courthouse where many of their other competitors are currently.