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(BW)(IL-OCEAN-TOMO)(OTPAT.AMEX)(OTPATG.AMEX)(OTPATV.AMEX) Ocean Tomo Announces an Open Call for Taiwanese Intellectual Property Owners to Submit IP for Its First Live IP Auction in Asia in June 2009 Ocean Tomo Executives Plan First Series of Open Call Meetings in Taiwan Week of January 12th; Submissions from Corporations, Small/Mid-Size Companies and Sole Inventors Now Being Considered
Business Editors
CHICAGO--(BUSINESS WIRE) - Dec. 31, 2008-- Ocean Tomo, LLC, the leading Intellectual Capital Merchant Banc? firm, will stage the first-ever live, large-scale intellectual property auction in Asia in 2009 ushering in a new era of IP liquidity for the region. The multi-lot auction will be held on June 12th at the Four Seasons in Hong Kong in conjunction with the firm's well-known conference attended by over 500 of the world's leading IP and business professionals.
OPEN CALL FOR IP SUBMISSIONS Ocean Tomo executives, including the President of the firm's auctions business, have scheduled their first series of open call meetings in Taiwan the week of January 12th. The firm is currently accepting IP submissions for the June 12th auction online or by phone, and it has specifically called for submissions from Taiwanese IP owners, including large multinational corporations, small and mid-size companies, sole inventors and investors. Some areas of interest are semiconductor and integrated circuits, networking technology, digital media, telecommunications, interactive TV and VOD, memory and data storage, RFID and barcode technology, wireless communications and others.
As one of the largest U.S. patent holders in the world, Taiwan well recognizes the importance of IP protection, management and strategy and its significant influence on the global market. The country has a long-standing history of innovation in advanced technologies benefiting Asia, Europe and the U.S., and it is well-positioned to take the lead in the development of an Asian IP marketplace.
IP MONETIZATION STRATEGY In current economic conditions, the ability to reduce costs and generate maximum revenue from every asset is paramount. Ocean Tomo's live auction platform provides IP owners with an innovative and effective opportunity to monetize their IP assets. By valuing IP via multiple bidders, IP owners are rewarded quickly, simply and fairly, unlike other monetization vehicles such as licensing which can often be more complex and involve more risk. Oftentimes, IP ...
Source: HighBeam Research, OCEAN TOMO ANNOUNCES AN OPEN CALL FOR TAIWANESE IP OWNERS.