Quest Patent Research Corporation (Quest or Company) announced entering into a patent license and settlement agreement with Tailored Brands, Inc. ("Tailored Brands") (the "Agreement") in the CXT intellectual property portfolio. The Agreements resolve the parties' disputes, grants Tailored Brands a fully paid license to assets within the CXT patent portfolio, and mutual covenants, among other terms, which are confidential. The CXT Portfolio represents 1 of 11 intellectual property portfolios Quest owns and/or controls, and is comprised of 30 U.S. patents covering technology relating to, among other innovations, systems and methods of operating an accessible information database which provides for single sign-on user authentication, intelligent database management, as well as inventory evaluation, filtering according to preferences, alternative product recommendations, and access to a database of consumer feedback/evaluation. The two main technology segments of the portfolio are the 'Message Board Patents' relating to customer reviews and recommendations and the 'Steele Patents' relating to a system for centrally storing and managing consumer information accounts, and auto populating information on webpages, such as checkout pages and account pages. To date, Fossil, Academy, Container Store, Pier 1, GNC, Hallmark, Steve Madden, and several others have all taken a license to the Steele Patents. Yotpo, Turnto, PowerReviews, and BazaarVoice have all taken a license to the Message Board Patents.