Ocean Tomo Auctions to Sell Digital Media Related Patents

Ocean Tomo Auctions to Sell Digital Media Related Patents

CHICAGO, Oct. 4 /PRNewswire/ -- Ocean Tomo Auctions, LLC announced today that Phoam Technologies has consigned their patent portfolio and technologies which embed data such as merchandising, advertising, up-sells, cross-branding, network optimization, downloads, interactive music videos and games, etc., in digital audio, image, video and other media files such as MP3, MPEG, JPEG, and cell phone conversations. The Lot will be sold at The Ocean Tomo Fall 2006 Live Intellectual Property Auction on October 26th in New York City.

This Lot includes U.S. Patent Number 6,748,362, entitled "Process, System, and Apparatus for Embedding Data in Compressed Audio, Image, Video and Other Media Files and the Like," and U.S. Patent Number 6,768,980 entitled "Method of and Apparatus for High-Bandwidth Steganographic Embedding of Data in a Series of Digital Signals or Measurements Such as Taken from Analog Data Streams or Subsampled and/or Transformed Digital Data." The Lot also contains C and Java toolkit API's, one allowed U.S. MP3 patent application, two pending U.S. applications and five foreign filings, along with Digital Gold(TM), a trademark and service mark for these services. The technologies are most applicable to the electronics, telecommunications, and digital music and media industries.

The IP and technologies are both disruptive and counter-disruptive. In other words, they generate whole new businesses, and help companies adapt to and counter new competitive threats, particularly in the digital entertainment industry. They can add new functions to digital media formats without affecting their standards compatibility - and they are backwards and forwards compatible. Additionally, they interoperate with industry-standard DRM technologies.

The business of digital music and entertainment is moving full speed ahead. This suite of patents and technologies accelerates that speed, and ensures success in multi-billion dollar markets. This IP seamlessly integrates with current industry strategies and should give its owner an edge in the exploding digital economy.

"Our technical evaluation revealed that the transform techniques, as disclosed by the claims of Phoam Technologies' '890 patent, are highly relevant to media encoders on the market today," stated Art Nutter, President and CEO of TAEUS International Corporation ( http://www.taeus.com/ ).

"We are very excited to participate in Ocean Tomo's Fall Auction," said Joss Meyer of Phoam Technologies ( http://www.phoam.com/ ). "It's an exciting new venue for companies to explore and acquire important cutting-edge technologies."

For more information on U.S. Patent Nos. 6,748,362 and 6,768,980, 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.

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Source: Ocean Tomo Auctions, LLC

CONTACT: Ocean Tomo Auctions, LLC, +1-312-377-4851,
auctions@oceantomo.com

Web site: http://www.oceantomo.com/
http://www.oceantomoauctions.com/
http://www.taeus.com/
http://www.phoam.com/

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