Ocean Tomo Auctions, LLC – the auctions arm of Ocean Tomo, LLC, the leading Intellectual Capital Merchant Banc® Firm – today announced the immediate online availability of its Spring 2009 Live Intellectual Property Auction Catalogue. The Catalogue, accessible at www.OceanTomoAuctions.com, provides essential information regarding 81 lots to be auctioned on March 27th at The Ritz-Carlton in San Francisco.
Included amongst the Lots being offered for sale are a wide variety of innovative and attractive collections of intellectual property. The Social Networking category, for instance, includes a Lot of patents disclosing a method for facilitating meetings between unknown users with similar interests. Given the popularity of social networking, this Lot will be particularly applicable for those accessing social networking platforms through a variety of mobile devices. In the Location Based Systems & Logistics category, a system for determining the locations of mobile devices is being offered by three former classmates who, while in Harvard business school, conceived and patented it for a class project.
“We’re looking forward to being back in San Francisco at the site of both our first Live IP Auction in 2006 and our largest auction ever in 2008. After three years and eight auctions, we’re continuing to see high quality submissions across a variety of technology areas, allowing us to offer an excellent selection of valuable and attractive Lots in March,” said Andrew T. Ramer, President of Ocean Tomo Auctions. “Given the economic conditions, it’s not surprising that we’re seeing a greater amount of interest from sellers as well as early interest from a number of buyers looking to pick up a good deal.”
Catalogue Details
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 representative claims, along with the Auction’s terms and conditions, a forward citation index, schedule of events, and other materials of interest.
IP assets are grouped into 22 categories including: Electronics & Handheld Devices; Web Based Systems & Services; Networking; Memory; Computer Systems & Hardware; Digital Media; Optical Networking; Semiconductors; Online & Mobile Commerce; Telephony; Copyright Media Library; Social Networking; Information Management & Data Systems; Wireless Communications; Wireless Communications & Telemedical Systems; Power Control Systems; Display Technology; Financial Services; Entertainment & Gaming; Security & Authentication Systems; Smart Cards; and Location Based Systems & Logistics.
About the IP Markets 2009 Event
The Ocean Tomo Live IP Auction is part of the IP Markets 2009 Spring Event to be held on March 26th – 27th at The Ritz-Carlton. The event combines a one and a half day conference focused on cutting-edge IP issues, including “Buying and Selling IP”, “IP in M&A and Restructuring”, and “Greentech IP & Investing”, a Gala Dinner, as well as the live IP auction. For more information on the event and to register, visit www.IPMarkets2009.com.
To submit IP for consideration by Ocean Tomo Auctions or to view the online Spring Auction Catalogue, visit www.OceanTomoAuctions.com. For more information regarding any of the Lots and to register to bid, contact us directly at 312.377.4851 or [email protected].
About Ocean Tomo Auctions
Ocean Tomo Auctions has received global recognition as the leader in the live auctioning of intellectual property assets. It has been featured in numerous international publications including The Financial Times, The Wall Street Journal, BusinessWeek, Barron’s, Red Herring, and Reuters. Over the past three years since inception, Ocean Tomo has hosted eight live IP auctions which have transacted millions, benefiting sole inventors, SMEs, large corporations, investors, and others. Hundreds of influential IP and business professionals attend and participate in the auction events which are held three times a year in the U.S., Asia and Europe.
About Ocean Tomo, LLC
Established in 2003, Ocean Tomo, LLC (www.OceanTomo.com) is the leading Intellectual Capital Merchant Banc® firm. The company provides financial products and services related to Intellectual Property financial & survey expert testimony, valuations, investments, risk management and transactions. Headquartered in Chicago, Ocean Tomo has offices in Greenwich, San Francisco, Palm Beach, Orange County and Washington DC. Subsidiaries of Ocean Tomo include: Ocean Tomo Auctions, LLC; Ocean Tomo Federal Services, LLC; Ocean Tomo Asset Management, LLC; and Ocean Tomo Capital, LLC — publisher of the Ocean Tomo 300® Patent Index (NYSE Euronext: OTPAT), the Ocean Tomo 300® Patent Growth Index (NYSE Euronext: OTPATG) and the Ocean Tomo 300® Patent Value Index (NYSE Euronext OTPATV).
