Navigation Systems Technology Available for Sale at Upcoming ICAP Patent Brokerage Fall 2011 Live IP Auction November 17th in San Francisco

SAN FRANCISCO, October 21, 2011 - ICAP Patent Brokerage, the global leader in intellectual property brokerage and a division of ICAP plc, the world’s premier interdealer broker, and ICAP Ocean Tomo Auctions, are offering for sale technology related to navigation system alerts at its upcoming Summit on Patent Monetization and Live IP Auction November 16th & 17th in San Francisco. The Lot is owned by Michael L. Kern and includes 2 US patents and 1 US application.
 
The featured technology, listed as Lot 11 in the online auction catalog, can be viewed at www.icappatentbrokerage.com/forsale. This lot discloses techniques for communicating narrative information about points of interest to a traveler. The technique alerts users about points of interest that are proximate to the traveler’s present location based on personal interests. For example, a user can define in advance, points of interest for which he wants to be made aware (i.e. arts or sports venues). The user can also set the radius of proximity within which the alerts are to be provided. The alert can be set to provide a short narration describing the point of interest or the option to listen to a more detailed description. Further, techniques are also provided to guide the traveler to the point of interest if such option is desired, making the system act as a personal tour guide tailored to individual interests and pace of travel.
 
Forward citing companies include TeleCommunication Systems, Inc., NeuroTone, Inc., Honeywell International Inc., Adidas International, Inc., and Hewlett-Packard Development Company.
 
Dean Becker, ICAP Patent Brokerage and ICAP Ocean Tomo Auctions CEO, commented, “Our Fall 2011 Auction will be our biggest yet, featuring more than 140 lots. Technology, like that disclosed by this lot, represents some of the best innovation in the industry. We are very excited to be able to offer this to the worldwide market.” 
 
Register for the Summit on Patent Monetization
ICAP Patent Brokerage’s Summit on Patent Monetization, the annual gathering of the leading participants in the patent monetization ecosystem, will take place before the Live Auction at The Ritz Carlton, San Francisco on November 16th & 17th. 
 
Join the leading voices in the patent community as we discuss monetization and enforcement, and debate the legal, legislative, and economic influences shaping the patent industry. The Conference includes a planned collaboration session focusing on standardization of patent sale agreements, as well as smaller group sessions built around some of the key challenges facing the partners in the ecosystem: enforcement and litigation, patent quality, patent protection, pooling and other blocking strategies, among others. 
 
The Conference provides unparalleled networking opportunities and access for established industry players and newcomers alike. Get to know your partners, peers, and competition. Join ICAP Patent Brokerage for this engaging, enlightening, and innovative two-day session. Register today for only $395.
 
Please contact Dean Becker, CEO of ICAP Patent Brokerage, at Dean.Becker@us.icap.com for more information. 
 
About ICAP Patent Brokerage
ICAP Patent Brokerage is a division of ICAP plc and the world's largest intellectual property brokerage and patent auction firm.
 
About ICAP
ICAP is the world's premier interdealer broker and provider of post trade services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, emerging markets, equities and equity derivatives through voice and electronic networks. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information, go to www.icap.com.
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Michael L. Kern Lot Release_Auction Fall 2011_Final.pdf38.28 KB