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Ocean Tomo to Auction Patent on 26 June Related to System for Optimizing Computer Turn-on and Shut-Off

Posted on: Friday, 30 May 2008, 09:00 CDT

Ocean Tomo Auctions today announced that it will offer for sale U.S. Patent 5,745,391 related to a user-friendly, modern system for turning on and shutting off a computing device while automatically saving and restoring its memory. The patent, with an early priority date of 1995, will be offered as Lot 11 at The Ocean Tomo 2008 European Live IP Auction to be held at The Grand Hotel Krasnapolsky in Amsterdam on 26th June.

The technology disclosed in the '391 patent simplifies a computer's start-up and shut-down procedures allowing the user to decrease the amount of time spent waiting for system and application software to load. By saving and restoring the internal state of a computing device to and from non-volatile memory in an automatic method, the user is able to resume his work from the exact point it was abandoned.

"The modern computer user is either turning their computer on and off on a daily basis and, thus, spending a good deal of time waiting for their systems and programs to launch, or worse yet, they are just leaving their computers on and wasting energy, paying higher utility bills and producing a negative environmental impact," said Yakov Topor the Inventor. "According to a number of energy reports, including the PC Energy Report 2007, activating the 'hibernation' mode, as described in the '391 patent, on a regular basis can result in a substantial difference in energy and cost savings not to mention much greater ease and convenience."

The device comprises a control switch, separate from the power on/off switch located on the computing device or its peripheral parts, and this control switch accepts "on" or "off" commands from a user, which are transmitted to the latch circuitry. These on and off commands can be received from a remotely-located central controller and can travel across a network.

"Ocean Tomo is very excited to offer this patent in the European Auction," said Andrew T. Ramer, President of Ocean Tomo Auctions. "Since the technology disclosed in the '391 patent provides for greater time efficiency and energy-saving capabilities, with broad applicability to personal computer users as well as businesses, this portfolio presents a valuable acquisition opportunity for personal computer manufacturers, computer software providers and others."

For more information on Lot 11 or to register to bid at The Ocean Tomo 2008 European Live IP Auction, please contact us directly at +1.312.377.4851 or auctions@oceantomo.com.

About IP Business Congress

The IP Business Congress, comprised of IAM magazine's first-ever CIPO Summit and Ocean Tomo's Live IP Auction, will be one of the major IP events of 2008 and quite probably the year's most important gathering of global IP business leaders. All day on 25th June and the morning of 26th June, the CIPO Summit, with a world-class faculty of 70+ speakers, will focus on understanding the roles and responsibilities of the CIPO, and on the afternoon of 26th June, Ocean Tomo will hold its live IP Auction. For more information and to register for the IPBC, please visit www.ipbusinesscongress.com.

About the Ocean Tomo Transaction Practice

Intellectual Property owners seek to balance a variety of financial and business objectives when monetizing their assets including deal structure, price, publicity and marketing, competitive intelligence and expenditure of resources. The Ocean Tomo Transaction Practice offers four primary products and services designed to meet such needs -- Private IP Brokerage, Live Multi-Lot IP Auctions (www.OceanTomoAuctions.com), Patent/Bid-Ask(TM) (www.PatentBidAsk.com) and The Dean's List(TM) Online IP Exchange (www.TheDeansList.com). Each solution is tailored to provide the proper forum and appropriate level of service based on the client's specific requirements.

Source: Business Wire

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