Worldlink to Sell Its Pioneering Communications Technology on October 25, 2007 at the Ocean Tomo Live Intellectual Property Auction in Chicago

. September 18, 2007

Ocean Tomo Auctions, LLC today announced that the UK based company, Worldlink, will offer for sale its pioneering communications portfolio, consisting of U.S. Patent 7,194,468 and a pending continuation application, GB2358768 and EP1297460. These patent assets relate to efficiently receiving changing information over a mobile communication network and will be offered as Lot 40 at the Ocean Tomo Fall 2007 Live IP Auction on October 25th at the Palmer House Hilton in Chicago.

The patented claims pertain to a subscriber profile automatically receiving changed data after an initial download of a set of information over a mobile communications network without the need for manual refreshing. The patented process has critical application to the real-time distribution of data to wireless devices within financial services, and potentially in many other industries.

“Worldlink considers its patented process to be intrinsic to the majority of ‘stock price ticker’ type of applications available over mobile networks. Moving forward, we anticipate that a significant number of companies offering these types of applications will look to license this patent family,” stated Neil Riches, Managing Director and Founder of Worldlink. “Hundreds of currently available products and services, with potentially millions of users, could benefit from access to this patented technology and claim coverage. We believe this figure will expand significantly in the near future as the wireless market is growing exponentially.”

Dean Becker, Vice Chairman of Ocean Tomo, said, “I am extremely excited to have true groundbreaking patents in this sector available at our Fall Auction. My team and I have been working closely with Worldlink to ensure the broadest marketing of this opportunity to potential purchasers.”

The key facets of the patented process are:

Receiving changing data from a database or databases of changing information
Receiving the data over mobile communications networks
Receiving only data specific to a subscribers requirements
Storing and notifying of the received information
Efficiency is provided to save on bandwidth, device battery life, communications infrastructure and end user bandwidth cost.
Acquisition of this Lot represents a unique opportunity for numerous industries including, but not limited to: Digital and Broadband Telephone Service Providers, Mobile Phone and Handheld Device Manufacturers, Telecommunications Companies and Financial and Securities Institutions.

For more information on Lot 40 or to register to bid at the Ocean Tomo Fall 2007 Live IP Auction, please visit www.OceanTomoAuctions.com or contact us directly at 312.377.4851 or auctions@oceantomo.com. .

About Worldlink:

Established in 1998, Worldlink (www.worldlinkits.com) is a UK based company specifically founded to service the wireless industry. Worldlink was granted its UK patent in December 2001, its US patent in March 2007, and has patents pending throughout Europe. The patents endorsed its global leadership position in the wireless industry being the first company to truly mobilize profile driven changing data over any mobile communications network. Worldlink initially focused on the financial services industry. However, its method and processes can service those businesses that need to send changing data efficiently using wireless means.

About Ocean Tomo Auctions:

Ocean Tomo Auctions, the auctions arm of Ocean Tomo, LLC (www.OceanTomo.com), the country’s leading Intellectual Capital Merchant Banc® firm, has received global recognition as the leader in the live auctioning of intellectual property assets for some of the world’s largest and most established companies. Hundreds of key decision makers in the intellectual property and financial communities attend and participate in the auctions and related workshops, including C-level executives, Fortune 500® IP professionals, investors, small to mid-size companies, inventors and media professionals. Ocean Tomo Auctions has been featured on CNBC, Bloomberg TV, The Wall Street Journal, Barron’s, Red Herring, BusinessWeek, Reuters and more. The live auctions are held in the spring and fall in the U.S. and in the summer in Europe.

Category: Auction News

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