ADA, Mich., Dec. 21, 2012 /PRNewswire/ -- Alticor Inc., parent company of Amway, has selected Ocean Tomo as an advisor for the sale of its eCoupled™ wireless power patent assets developed by Alticor subsidiary, Fulton Innovation LLC.
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For the past several years, Alticor and Fulton Innovation have commercialized intelligent wireless power for consumer electronics and automotive applications. The company entered this business after developing wireless power for eSpring®, an innovative water filtration device sold by Amway distributors.
Fulton Innovation has played a leading role in establishing the Qi global standard in wireless power and is a founding member of the Wireless Power Consortium that now numbers more than 130 industry players.
For information on the sale process, contact Michael Friedman at 312-327-4428 or [email protected].
Alticor Inc. connects entrepreneurs around the globe with unparalleled opportunity and consumers with premier products. It is the parent company of four distinct and dynamic businesses: Amway, Access Business Group LLC, Alticor Corporate Enterprises Inc., and Fulton Innovation LLC. Alticor employs more than 20,000 people worldwide, including more than 900 scientists, engineers, and technicians. Alticor reported 2011 sales of more than $10.9 billion and has operations in more than 100 countries and territories worldwide. www.alticor.com
Established in 2003, Ocean Tomo, LLC, is the leading Intellectual Capital Merchant Banc™ firm. The company provides financial products and services related to intellectual property, including expert services, valuation, research, ratings, investments, risk management, and transactions. Ocean Tomo assists clients - corporations, law firms, governments & institutional investors - in realizing Intellectual Property Capital Equity® value broadly defined. www.oceantomo.com
SOURCE Alticor Inc.
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