Ocean Tomo Auctions to Sell Thwarting of Movie Piracy Patent Portfolio
Ocean Tomo Auctions to Sell Thwarting of Movie Piracy Patent Portfolio
CHICAGO, Sept. 18 /PRNewswire/ -- Ocean Tomo Auctions, LLC announced today that Robelight, LLC has consigned U.S. Patent Numbers 6,861,640, 6,977,366, 7,020,383 and a pending PCT application, entitled "Thwarting of Movie Piracy Patent Portfolio Lot", to be sold at The Ocean Tomo Fall 2006 Live Intellectual Property Auction to be held on October 26, 2006 in New York City.
This patent portfolio discloses technology for detecting and thwarting piracy of theatrical (movie and live) performances. The disclosed technology recognizes and thwarts the surreptitious recording (i.e., pirating) of entertainment and theatrical performances. More specifically, the patents disclose systems and methods for detecting recording equipment, generating an alert if a recording device is detected and disrupting the recording through transmission signals, thereby rendering the recording useless. Additionally, the pending patent applications included in the lot disclose technology that reads, stores and distributes the signature of the recording device utilized for pirating, therefore allowing insight into the changes and developments of pirating devices.
According to a 2004 Motion Picture Association (MPA) study, the largest threat to the motion picture industry is piracy with billions of dollars being lost each year.
This patent portfolio would be of interest to companies in the entertainment industry, including the motion picture industry, companies operating venues where film and live theatrical performances are regularly presented, and companies producing copies of film and other entertainment for resale whose revenues are depleted by the sale of unauthorized copies.
For more information on U.S. Patent Nos. 6,861,640, 6,977,366 and 7,020,383, The Ocean Tomo Fall 2006 Live Intellectual Property Auction, or to submit intellectual property for inclusion in future Ocean Tomo Auctions please call 312.377.4851 or visit http://www.oceantomoauctions.com/ .
About Ocean Tomo, LLC:
Ocean Tomo, LLC ( http://www.oceantomo.com/ ) was established in 2003. The firm specializes in understanding and leveraging intellectual property assets and provides advice in IP-related mergers and acquisitions, valuations, expert services, analytics and IP auctions. Ocean Tomo has offices in Chicago, San Francisco, Palm Beach, Orange County and Washington, DC. In May of 2006, Ocean Tomo was appointed as Back-Up IP Manager for an approximately $1.8 Billion trademark royalty rights securitization - the largest IP securitization ever. Subsidiaries of Ocean Tomo include: Ocean Tomo Capital Fund, LP -- a $200 million private equity investment fund; and Ocean Tomo Asset Management, LLC -- an SEC Registered Investment Advisor offering hedge funds utilizing IP-based investment strategies.
Source: Ocean Tomo Auctions, LLC
CONTACT: Ocean Tomo Auctions, LLC, +1-312-377-4851,
auctions@oceantomo.com
Web site: http://www.oceantomoauctions.com/
http://www.oceantomo.com/
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