Image Processing Technologies LLC (IPT) is a technology licensing company that was established to expand the uses and applications for a portfolio of patents related to the identification and tracking of objects in digital imaging, and to ultimately commercialize this intellectual property via licensing. The original digital-imaging portfolio has grown to include 14 issued U.S. Patents and one pending patent application. IPT. Through its licensing efforts, IPT acquired a second portfolio of 22 printer cartridge technology patents.