Last updated on April 21, 2014 at 1:20 EDT

Home Floor Care Lot Containing over 350 patents and applications. ICAP Patent Brokerage Announces for Auction Vacuum, Air Filtration, and Floor Cleaning Technologies

July 10, 2012

SAN FRANCISCO, July 10, 2012 /PRNewswire/ – ICAP Patent Brokerage, a division of ICAP plc and the world’s largest intellectual property brokerage firm and organizer of ICAP Ocean Tomo Auctions, is offering for auction a substantial portfolio of vacuum and floor cleaning patents. The lot being sold by Oreck Holdings will be included in the 16th ICAP Ocean Tomo IP Auction on July 26, 2012, at the Julia Morgan Ballroom in San Francisco, California.

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

“We see a continuing trend in great companies, who desire to have protection from the patent estate they have created over many years, yet desire to quickly monetize, without the operational distraction of licensing and litigation,” says Dean Becker, CEO ICAP Patent Brokerage and ICAP Ocean Tomo auctions.

Key Characteristics & Benefits
The 126 US granted patents represent a truly once in a lifetime opportunity for manufacturers in the air filtration, vacuum, floor cleaning and home appliance industries. Some of the patented technologies include: particle and dirt flow, filtration, UV disinfection, exhaust ducts, vacuum maneuverability, power cord management, vacuum power shaft, vacuum motor belt, noise reduction, power supply safety, bag docking assembly, electrostatic precipitator, and others. Forward citing companies of the patents include: Sharp, Hitachi, LG, Matsushita, Koninklijke Philips, Irobot, Dyson, Electrolux, Panasonic, Stanley Black and Decker, Techtronic Floor Care, Daikin, Shop-vac, Emerson, Miele, Zenith, Bosch, Hoover, Whirlpool.

To learn more about the assets available for sale in this portfolio:
Contact Paul Greco of ICAP Patent Brokerage at 212-815-6693 or via email at paul.greco@us.icap.com

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.

Follow us on Twitter (@ICAP_Auction_IP) and join our Linkedin group.

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

Source: PR Newswire