ASSIGNMENT OF ASSIGNOR'S INTEREST

Recorded: 2003-05-14 Received: 2003-05-19 Pages: 2

Assignors

RHOADS, GEOFFREY B.

Executed: 2003-04-25

BRUNDAGE, TRENT J.

Executed: 2003-04-28

Assignee

DIGIMARC CORPORATION

19801 SW 72ND AVENUE, SUITE 250, TUALATIN, OR, 97062, UNITED STATES

Covered Application (1)