Ocean Tomo Announces Immediate Availability of Spring 2008 Live Intellectual Property Auction Catalogue

. January 29, 2008

Offerings Include Patents Relating to Web 2.0 Technologies, Digital Media, Email Transmission, Communication Networks and Mobile Payment Methods

CHICAGO – Ocean Tomo Auctions, LLC — the auctions arm of Ocean Tomo, LLC, the leading Intellectual Capital Merchant Banc™ firm – today announced the immediate availability of the Spring 2008 Live Intellectual Property Auction Catalogue. The Catalogue is available for online viewing at www.OceanTomoAuctions.com and provides essential information regarding the 63 individual lots, to be auctioned on April 2nd at The Ritz-Carlton in San Francisco.

Bidders at the April 2nd Live Auction will find inventive and practical technologies that have been chosen from hundreds of submissions. Included among the lots listed for sale are patents relating to: fundamental Ajax and Web 2.0 technologies; strategic improvements in the field of digital media related to signal processing of digitized media data in bit streams, such as decoding and decompression; widely applicable systems and methods for transmitting email messages to multiple recipients; a closed communication network that overcomes the network failures associated with current communication technologies; and mobile payment methods utilizing a wireless handheld device (e.g., mobile phone, PDA) to pay for goods and services. Sellers include top multinational companies, small to mid-sized companies, professional inventors, investors and others.

“Our experience with executing successful auctions over the past two years has taught us many invaluable lessons. We have learned a tremendous amount about the market, the sellers, the buyers and how to make it all work,” said Andrew T. Ramer, President of Ocean Tomo Auctions. “We continue to receive repeat support and participation from world class companies and inventors. The outstanding inventory offered in our Spring Auction continues to demonstrate the quality of our inventory selection process. We are all anticipating an excellent outcome.”

The Catalogue allows prospective bidders to review summaries of each lot, including patent number, title, issue date, assignees, potential licensees, forward citations, expected value, diagrams and abstract, along with the Auction’s terms and conditions, a schedule of events, and other materials of interest. IP assets are grouped into 16 technology categories including:

Computer Systems & Software;
Online & Mobile Advertising;
Entertainment & Gaming;
Information Management & Data Systems;
Digital Media Systems & Management;
Aerospace & Automotive;
Messaging;
Display Technology & Digital Imaging;
Business Methods & Financial Services;
Security Applications & Systems;
Location Based Systems & Logistics;
Telecommunications;
Electronics & Handheld Devices;
Integrated Circuits & Semiconductors;
User Interface Technology; and
Web Based Systems & e-Commerce.
With approximately $50+ million in transactions closed to-date, the Ocean Tomo Live IP Auctions are often referred to by leading industry professionals as a “forum of commerce.” The events bring together hundreds of key decision-makers in the intellectual property and investment communities. Prior to the Live Auction, Ocean Tomo will also be hosting a 1 ½ day conference on “Corporate IP Strategies” and “Leveraging IP for Investors,” as well as a Gala Dinner at the Bently Reserve.

For a limited time, Ocean Tomo is still accepting submissions for the Spring 2008 Auction Catalogue Supplement and the European 2008 Live IP Auction to be held on June 25-26 in Amsterdam.

To submit IP, view the online Spring Auction Catalogue or to register to bid or attend the event, please visit www.OceanTomoAuctions.com. For more information regarding any of the lots please contact us directly at 312.377.4851 or auctions@oceantomo.com.

About Ocean Tomo Auctions

Ocean Tomo Auctions, the auctions arm of Ocean Tomo, LLC (www.OceanTomo.com), the Chicago-based 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.

About Ocean Tomo, LLC

Established in 2003, Ocean Tomo, LLC (www.OceanTomo.com) is the leading Intellectual Capital Merchant Banc™ firm that specializes in understanding and leveraging Intellectual Property (“IP”) assets. The company provides advice in IP-related mergers and acquisitions, investments, valuations, financial & survey expert testimony, analytics and IP auctions. Headquartered in Chicago, Ocean Tomo has offices in San Francisco, Palm Beach, Orange County and Washington, DC. Subsidiaries of Ocean Tomo include: Ocean Tomo Auctions, LLC; Ocean Tomo Asset Management, LLC; and Ocean Tomo Capital, LLC — publisher of the Ocean Tomo 300® Patent Index (Amex: OTPAT), the Ocean Tomo 300® Patent Growth Index (Amex: OTPATG) and the Ocean Tomo 300® Patent Value Index (Amex: OTPATV).

Category: Auction News

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