Granicus, LLC Offers Covenant Not to Sue through ICAP Patent Brokerage

CHICAGO, Sept. 16, 2011 /PRNewswire/ -- ICAP Patent Brokerage, a division of ICAP plc and the world's largest intellectual property and patent auction firm, today announced that it will offer a Covenant Not to Sue (CNS) from Granicus, LLC at its upcoming CNS Auction September 27th in Los Angeles. The CNS covers Granicus' existing patent portfolio of 22 patents and 4 patent applications. Granicus has engaged IP Navigation Group as its monetization advisor with respect to its patent portfolio.  

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

The patents covered by this CNS disclose a wide variety of technologies, including technologies related to encrypted data storage, encrypted data transmission, vehicle diagnostics, remote vehicle slowdown, manufacturing resource planning, interactive television advertising, adaptive computer searching, interactive search, and athletic footwear.

Entities owned by Granicus are currently engaged in litigation with a number of companies, including, but not limited to:

• Allianz
• Ticketmaster
• Stanley Black & Decker

A CNS is an agreement that prevents assertion of a party's right to litigation. A company entering into a CNS with respect to the Granicus' patents would gain the freedom to operate under them, and would avoid the uncertainty inherent in patent infringement litigation.

Starting today, ICAP Patent Brokerage will accept anonymous bids on the Granicus CNS. To learn more about the assets available or to place a bid, contact Kevin Fiur at [email protected] or (512) 505-2308.

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 IP Navigation:

IPNav specializes in patent monetization. Additional information regarding IPNav is available at www.ipnav.com. You can contact IPNav at [email protected], by telephone at (214) 438-0800 or through their website.

SOURCE ICAP Patent Brokerage

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