Patent Portfolios of Biometric Identification and Object Location Solutions for Sale by ICAP Patent Brokerage

NEW YORK, Aug. 15, 2013 /PRNewswire/ -- ICAP Patent Brokerage announces for sale two positioning and tracking IP portfolios from TrackThings LLC, which include innovative solutions for biometric identification and locating objects. These IP portfolios will be included in the upcoming sealed bid event taking place on September 26, 2013. Bids for this lot will be accepted starting September 24 through September 26.

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"We are excited to offer these patented identification and tracking technologies to our global base of IP buyers. These portfolios are highly relevant to companies active in social networking, smart phone technology, and providing software," says Dean Becker, CEO of ICAP Patent Brokerage.

Key Characteristics & Benefits
Lot 020 - Facial/Voice Recognition Technology

This portfolio discloses a system for identifying individuals based on biometric information. Biometric analysis, such as voice or facial recognition, is commonly used by government agencies, banks and other institutions accurate identification. The portable system available for sale uses various devices, such as a camera and microphone, to obtain the biometrics of an individual. This information is then compared with information stored in a database that is updated regularly as a user meets and stores biometrics of new individuals. When the invention is utilized, the system assists a user in easily and quickly recalling individuals. During interactions, that person's identity is displayed on the screen of the user's portable device, and is also transmitted to a wireless hearing aid inserted into the ear of the user.

Lot 021 - Locating and Positioning Technology

This portfolio discloses a portable device that uses stored images to locate misplaced objects. To start, various images of different objects are captured and stored in a database. The stored images as well as the user's current position are used to identify the location of the object and update the database accordingly. The device then guides the user to the object through textual or audio/visual cues. Further, voice and textual commands can be provided by the user for searching the database. This improved technology eliminates the need to embed transponders or tags in objects in order to locate such items.

To learn more about the assets available for sale in this portfolio or to place a bid:
Contact Clay Becker of ICAP Patent Brokerage at (561) 797-1161 or via email at [email protected].

Visit our website to make a patent submission for an upcoming sealed bid event.

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

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 ICAP
ICAP is a leading markets operator and provider of post trade risk mitigation 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 its post trade risk mitigation and information services ICAP helps customers manage and mitigate risks in their portfolios. For more information, go to www.icap.com.

SOURCE ICAP Patent Brokerage