EX-10.7 PATENT ASSIGNMENT OF SECURITY

Exhibit 10.7

TRADEMARK ASSIGNMENT OF SECURITY

     WHEREAS, Verso Technologies, Inc., a Minnesota corporation (“Company”), has adopted, used and is using the marks shown in the attached Schedule A (the “Marks”), for which there are registrations or applications in the United States Patent and Trademark Office under the numbers shown in the attached Schedule A; and

     WHEREAS, Company entered into (i) a certain Security Agreement, dated as of September 20, 2006, among Company, certain subsidiaries of Company and Laurus Master Fund, Ltd. (“Laurus”) and (ii) a certain Intellectual Property Security Agreement, dated as of September 20, 2006, among Company, certain subsidiaries of Company and Laurus (as each may be amended, modified, restated or supplemented from time to time, collectively, the “Agreements”); and

     WHEREAS, pursuant to the Agreements, Company is granting to Laurus a security interest in the Marks, the goodwill of the business symbolized by the Marks, and the registrations and applications therefor.

     NOW, THEREFORE, for good and valuable consideration, receipt of which is hereby acknowledged, Company does hereby grant to Laurus a security interest in and to the Marks, together with the goodwill of the business symbolized by the Marks, and registrations and applications therefor, which security interest shall secure all the Obligations as defined in the Agreements and in accordance with the terms and provisions thereof.

     Company expressly acknowledges and affirms that the rights and remedies of Laurus with respect to the security interest granted hereby are more fully set forth in the Agreements.

Dated as of: May 10, 2007