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Thursday, March 30, 2006

3D Broadcast and Film Technology Featured in Ocean Tomo's Spring 2006 Live Patent Auction

3D Broadcast and Film Technology Featured in Ocean Tomo's Spring 2006 Live Patent Auction

Technology to Propel 3D Entertainment from Specialty Venues into Theatres and Households Worldwide; Potential Buyers Include Top Multimedia Companies

CHICAGO, March 30 /PRNewswire/ -- Ocean Tomo, a leading independent merchant banc focusing on intellectual property assets, is hosting the world's first, live multi-lot technology patent auction at The Ritz-Carlton in San Francisco on April 6, 2006. They announced today the inclusion of Patent Lot 28A that pertains to 3D Broadcast and Film Technologies.

Originally developed by inventor Eddie Paul of EP Industries in El Segundo, CA, the patented technology -- commercially known as CircleScan -- is now owned by BLS Technologies. The technology makes 3D television entertainment a technical and economic reality. Unlike traditional 3D technologies requiring specialized cameras to record stereoscopic images, CircleScan easily attaches to any existing equipment. But what really sets CircleScan apart from all other 3D systems is that it can be delivered with virtually zero-cost of deployment across the entire media landscape: theaters, broadcast, DVDs, Internet and even iPods and cell phones.

"CircleScan puts an end to the 50-year 3D stalemate," says BLS Technologies founder Ian Bruce. "Despite the renewed public craving for 3D, and prominent Hollywood directors promoting more 3D content, the substantial production and delivery infrastructure investment has created a deadlock between exhibitors and content producers ever since the debut of 3D movies back in the 1950s."

Bruce believes that CircleScan's most revolutionary advantage, and one that is vitally important for TV broadcast and digital content, is the fact that CircleScan embedded content looks completely normal to the naked eye. Only when you view a program through inexpensive glasses is the three- dimensional imagery revealed. No other display independent 3D technology has been able to provide both 2D and 3D in a single format.

"BLS is selling the technology because entertainment really isn't our line of work," says Bruce. "We were just lucky enough to have this gem in our patent portfolio."

BLS has asked Hollywood visual effects expert Chuck Comisky to assist buyers in implementing CircleScan technology. Chuck was Producer and Visual Effects Supervisor for James Cameron's Ghosts of the Abyss, and is currently working with Cameron on his future 3D film projects including Battle Angel and Project 880. "When reviewing 3D systems for television and film, Chuck chose CircleScan over nearly a dozen competing systems for its visual quality and sheer simplicity of implementation," says Bruce.

For more information on Lot 28A or The Ocean Tomo Spring 2006 Live Patent Auction, please call (312) 377-4851 or email auctions@oceantomo.com. File histories on disk and a feature guide sheet to the portfolio's claims are available upon request.

About Ocean Tomo, LLC:

Ocean Tomo, LLC ( http://www.oceantomo.com/ ) is a merchant banc specializing in understanding and leveraging intellectual property assets. The firm, which was established in 2003, provides advice in IP-related mergers and acquisitions, valuation, expert services and IP analytics. Ocean Tomo works closely with IP owners, advisors and investors. The firm has offices in Chicago, San Francisco, Palm Beach, Greenwich, Orange County and Washington, DC. Ocean Tomo Capital, LLC, a $200 million investment fund, and Ocean Tomo PatentRatings, LLC, which focuses on patent analytics, are subsidiaries of Ocean Tomo, LLC.

Source: Ocean Tomo

CONTACT: Wendy Chou of Ocean Tomo, +1-718-499-6075,
wchou@oceantomo.com

Web site: http://www.oceantomo.com/

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