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Empresas y finanzas

Fundamental Internet Shopping Bot and Online Shopping Cart Patent to Be Sold at 1 June Auction in London


    Ocean Tomo Auctions today announced it will offer for sale a
    fundamental Internet Shopping Bot / Online Shopping Cart patent, with
    a priority date of April 1997. The patent will be offered at the IP
    Investment Summit & Live Auction 2007 on 1 June at The Dorchester
    Hotel in London, England.

    U.S. Patent Number 5,895,454 ("the '454 Patent ") discloses a
    method allowing users to interact with vendors and their product or
    service offerings by querying a database to search, view, order and
    pay for products or services using the Internet. Further, the patent
    discloses the use of an online shopping cart designed to hold the
    user's selected items and provide the user real-time information, such
    as selected products, total price, and delivery times, during the
    shopping experience.

    The '454 Patent has been the subject of previous litigation. The
    '454 Patent was asserted against Yahoo! Inc. (Case No. C00-20495-JW,
    N.D. Cal.); and Shop.com and Altura International (Case No.
    05-CV-682-PSF-PAC, D. Col.). The Shop.com and Altura International
    lawsuit was settled after a Markman ruling was issued on March 2,
    2006. The sale of the '454 Patent is subject to two existing licensing
    arrangements and a non-exclusive license which will be retained by the
    inventor.

    For more information, please contact David Steinkeler at
    312.327.4415 or DSteinkeler@OceanTomo.com.

    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(R) 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(R) 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.