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Significant Battery-Related Offerings - Including Pioneering Rechargeable Battery Patent and 1800Battery Brand - For Sale at Ocean Tomo's October 30th Auction in Chicago

CHICAGO - 
      Ocean Tomo Auctions, LLC today announced it will offer for sale in its 
      upcoming Live Intellectual Property Auction some unique and rarely 
      available assets pertinent to the battery industry. Being sold as Lots 
      47j and 71 respectively, they include the 1800Battery Brand and an
Posted : Fri, 03 Oct 2008 14:07:41 GMT
Author : IL-OCEAN-TOMO
Category : Press Release
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CHICAGO - (Business Wire) Ocean Tomo Auctions, LLC today announced it will offer for sale in its upcoming Live Intellectual Property Auction some unique and rarely available assets pertinent to the battery industry. Being sold as Lots 47j and 71 respectively, they include the 1800Battery Brand and an innovative rechargeable battery patent. The auction will be held at the Chicago Cultural Center on October 30th.

The 1800Battery brand includes the 800-Battery.com domain, multiple related domains, and the rights to obtain the rights to the corresponding 1-800-Battery toll free telephone number1. The acquisition of this brand is a key opportunity for any business involved in battery manufacturing, distribution or usage. As one of the former leading telecommunications entrepreneurs in the Midwest, Ive personally witnessed 800 number related brands evolve businesses into levels they thought they would never achieve. It helped take product distribution and access to new heights, said Dean Becker, Ocean Tomos Vice Chairman.

US Patent 6,208,115, or Lot 71, includes claims which address a fundamental shift in the way power is transported into mobile devices worldwide. The claims address a wireless and contactless charging solution where the electronics are packaged within the battery pack itself. When considering the billions spent on research and development each year in the mobile industry on portable power solutions, this approach to wireless and contactless charging is simply the better, faster and cheaper way to go. This application should eventually wind up as the power interface for mobile devices, cameras, power tools and other portable electronic devices. Forward citing companies include Alticor Inc., Cypress Semiconductor Corporation, Microsoft Corporation and Motorola, Inc.

When we consider the fact that this patent was filed in June of 1997 by a small inventor, and consider the value of such an early priority date, were thrilled to offer such a game-changing piece of IP in the auction.

For more information on Lots 47j or 71, or to register to attend and bid at the Ocean Tomo Fall 2008 Live IP Auction, please contact Ocean Tomo directly at 312.377.4851 or auctions@oceantomo.com or visit www.OceanTomoAuctions.com.

1 Any 1-800 numbers listed in a lot signify that the Seller currently maintains the exclusive license rights to such vanity telephone numbers. All sellers will transfer the exclusive rights to apply for a transfer of such toll-free numbers incidental to the successful sale of the domain names and (registered and unregistered) trademarks within that lot.

About Ocean Tomo

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 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 (Amex: OTPAT), the Ocean Tomo 300® Patent Growth Index (Amex: OTPATG) and the Ocean Tomo 300® Patent Value Index (Amex: OTPATV).

Ocean Tomo
Wendy Chou
718.812.6707
wchou@oceantomo.com


Copyright © 2008 Business Wire. All rights reserved.



Article : Significant Battery-Related Offerings - Including Pioneering Rechargeable Battery Patent and 1800Battery Brand - For Sale at Ocean Tomo's October 30th Auction in Chicago
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