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Last updated on April 23, 2014 at 20:10 EDT

Smart Card Transaction Security Technology Available for Sale at Upcoming ICAP Patent Brokerage Fall 2011 Live IP Auction November 17th in San Francisco

October 24, 2011

SAN FRANCISCO, Oct. 24, 2011 /PRNewswire/ — ICAP Patent Brokerage, the global leader in intellectual property brokerage and a division of ICAP plc, the world’s premier interdealer broker, and ICAP Ocean Tomo Auctions, are offering for sale technology related to smart card transaction security at its upcoming Summit on Patent Monetization and Live IP Auction November 16th & 17th in San Francisco. The Lot is owned by Qiangdi International Co. Limited and includes one US patent and three applications.

(Logo: http://photos.prnewswire.com/prnh/20100614/CG20517LOGO)

The featured technology, listed as Lot 69 in the online auction catalog, can be viewed at www.icappatentbrokerage.com/forsale. The Lot discloses techniques for providing a security arrangement for a purchase card system by using a telephone and a SIM card. The payment card of a customer is linked or co-programmed with the customer’s SIM card. The telephone with the inserted SIM transfers payment information to the intended user for the transaction confirmation. The technique disclosed improves both security and control over purchase card transactions. The system is flexible, requires no new infrastructure, and is quickly and easily implemented. Furthermore, the technology is incredibly user-friendly and gives the customer a tangible peace of mind.

Dean Becker, ICAP Patent Brokerage and ICAP Ocean Tomo Auctions CEO, commented, “Our Fall 2011 Auction will be our biggest yet, featuring more than 140 lots. Technology, like that disclosed by this lot, represents some of the best innovation in the industry. We are very excited to be able to offer this to the worldwide market.”

Register for the Summit on Patent Monetization

ICAP Patent Brokerage’s Summit on Patent Monetization, the annual gathering of the leading participants in the patent monetization ecosystem, will take place before the Live Auction at The Ritz Carlton, San Francisco on November 16th & 17th.

Join the leading voices in the patent community as we discuss monetization and enforcement, and debate the legal, legislative, and economic influences shaping the patent industry. The Conference includes a planned collaboration session focusing on standardization of patent sale agreements, as well as smaller group sessions built around some of the key challenges facing the partners in the ecosystem: enforcement and litigation, patent quality, patent protection, pooling and other blocking strategies, among others.

The Conference provides unparalleled networking opportunities and access for established industry players and newcomers alike. Get to know your partners, peers, and competition. Join ICAP Patent Brokerage for this engaging, enlightening, and innovative two-day session. Register today for only $395.

Please contact Dean Becker, CEO of ICAP Patent Brokerage, at Dean.Becker@us.icap.com for more information.

About ICAP Patent Brokerage

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

About ICAP

ICAP is the world’s premier interdealer broker and provider of post trade services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, emerging markets, equities and equity derivatives through voice and electronic networks. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information, go to www.icap.com.

SOURCE ICAP Patent Brokerage


Source: PR Newswire