Round Rock Research LLC to Offer at Auction Four 'Covenants not to Sue' Covering Its Portfolio of Approximately 4,200 Patents and Pending Applications
By Icap Ocean Tomo Llc, PRNETuesday, March 8, 2011
NEW YORK, March 9, 2011 - ICAP Ocean Tomo (www.icapoceantomo.com) - the global intellectual
property brokerage firm - will be auctioning four "Covenants not to Sue" at
its Spring 2011 Live IP Auction event on March 31st in New York City. Each
covenant provides a purchaser with the freedom to operate in a specific
field. At a time when IP considerations are becoming more important and more
complex, a covenant may well be on its way to becoming one of the key
instruments in an IP portfolio.
(Logo: photos.prnewswire.com/prnh/20100614/CG20517LOGO)
Offered by specific sellers and covering specific portfolios, a covenant
provides high tech firms with increased freedom to operate in an efficient
and expeditious manner without the worry of showing one's hand when
negotiating with a Licensor, either directly or through a proxy, and avoids
potential patent infringement claims, damages, or attorneys' fees.
Originally developed by Micron Technologies, Round Rock Research's
portfolio of approximately 4,200 patents and pending applications spans the
United States, and much of Europe and Asia, encompassing key technologies
including:
-- Battery and power; -- CMOS imagers; -- Computers; -- Computer graphics; -- Computer networks; -- Display technology; -- DRAM; -- Flash; -- Memory; -- Microprocessors; -- O/S software; -- Ovonics; -- Semiconductor packaging; -- Semiconductor processing; -- RFID; and -- Telecommunications
Current licensees of the Round Rock portfolio include Apple, Sony,
Samsung, Micron and Nokia. Each of the four covenants available at auction is
applicable to a subset of the buying community, and provides potential
purchasers with a quick and effortless means to obtain freedom to operate
that is both wide ranging and comprehensive. For additional information on
this opportunity please contact Dean Becker at +1-561-309-0011.
"We are currently litigating these patents, and are pursuing other
infringers of the portfolio," said John Desmarais of Round Rock Research LLC.
"The auction is an excellent opportunity for interested parties to easily
acquire a covenant and avoid future litigation."
The ICAP Ocean Tomo Spring 2011 Live IP Auction will be held Thursday,
March 31st at Capitale. The auction will begin at 1PM. There will be two
preliminary events - a reception and dinner at Cipriani's on Wednesday night
with featured speaker Malcolm Gladwell. There will also be a networking lunch
at Capitale on Thursday at 11:30 just before the auction. Registration for
this event is online at www.regonline.com/ICAPOceanTomoSpring2011
Registration fee is $495 and includes all events.
About ICAP Ocean Tomo LLC
ICAP Ocean Tomo is the intellectual property brokerage division of ICAP
and the world's premier 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.
Dean Becker, +1-561-309-0011, for ICAP Ocean Tomo LLC
Tags: Icap Ocean Tomo Llc, March 9, New York