Improved Digital Rights Management and Authorization. ICAP Patent Brokerage Announces a Patent Portfolio for Sale That Addresses Growing Global Concerns in Managing Intellectual Property

CHICAGO, Feb. 13, 2012 /PRNewswire/ — ICAP Patent Brokerage, a division of ICAP plc and the world’s largest intellectual property brokerage and patent auction firm, is offering for sale a patent portfolio that addresses growing global concerns in managing intellectual property by Copyright Clearance Center.

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Background

Improved management of intellectual property is a growing concern. Conventional techniques for providing rights management are not effective at recognizing certain restrictions.

There is a need for an improved electronic rights management and authorization system.

Key Characteristics & Benefits

This portfolio discloses an automated electronic rights management and authorization system that includes two data files (or relational tables) each for work and rights – a Work Table and a Rights Table.

• The portfolio further discloses software for performing work and rights maintenance (e.g., intellectual, real, and personal property and contract management systems), such as adding, deleting, and editing entries and authorizations.
• The Work Table includes information to identify works managed by the system.
• Each record in the Rights Table is associated with certain works.
• Records include date fields for providing dynamic rights.
• The Rights Table includes a type of use field to identify a particular right for which authorization is given.
• A Work Relational Table is used to maintain relationships between works.
• Digital works are granular – they may include sub parts or divisions. They may be dynamic or time based.
• Digital rights may be multidimensional and have different types of use for different works. These can include reproduction rights that may be licensed at different rates for different customers.

Market Potential

This technology has important applications for software development companies in the areas of:

• Digital rights management
• Database management

Forward Citing Companies

Microsoft, Digimarc, IBM, Cisco, Novell, Sony, Fuji Xerox, McAfee, Intertrust, HP, EMC, Luca Technologies

About ICAP Patent Brokerage

ICAP Patent Brokerage, a division of ICAP plc and the world’s largest intellectual property brokerage and patent auction firm.

About ICAP

ICAP is the world’s leading interdealer broker and provider of post trade risk and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks. Through our post trade risk and information services we help our customers manage and mitigate risks in their portfolios. For more information go to www.icap.com.

SOURCE ICAP Patent Brokerage