Watch Out! A New Entertainment/Communication Device. ICAP Patent Brokerage Announces for Auction a Patent Portfolio for a Portable Multi-Purpose Electronic Device that Provides Both Entertainment and Communication - with a Remote Control that Can be Worn as a Watch

LOS ANGELES, Feb. 29, 2012 /PRNewswire/ -- ICAP Patent Brokerage, a division of ICAP plc and the world's largest intellectual property brokerage firm and organizer of ICAP Ocean Tomo Auctions, is offering for Auction a patent portfolio for a portable multi-purpose electronic device that provides both entertainment and communication – with a remote control that can be worn as a watch from Albert C. Jones. The lot will be included in the 15th ICAP Ocean Tomo IP Auction on March 29, 2012, at Terranea Resort near Los Angeles, California. 

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Key Characteristics & Benefits
This patent portfolio discloses a personal portable electronic device that can be utilized as both an entertainment and communication device.

• The portable device comprises a headset that controls its functioning, a display or control unit, and the capability of communicating with each other.
• The remote control unit can be worn as a watch.
• The headset includes speakers, a digital music source such as a minidisk or a flash memory module for playing music, and a microphone.
• Further, the display unit of the portable device has controls for various functions, for example, making calls, selecting music, displaying time and date, etc.
• The unit further includes interfaces for receiving and transmitting data (i.e. music files and phone calls) and related control information.
• The technology incorporates a keypad as well as touch screen capabilities.

Market Potential
This is an important portfolio for companies manufacturing portable electronic devices including mobile phones, music players and personal GPS systems.

• With a remote control worn as a watch, this provides an entry point for watch brands as well as the traditional players in this category.

Forward Citing Companies: Sony, QUALCOMM, Nokia, Kabushiki Kaisha Toshiba, Gateway, Motorola, Telefonaktiebolaget LM Ericsson and Yamaha.

To learn more about the assets available for sale in this portfolio:
Contact Paul Greco of ICAP Patent Brokerage at 212-815-6692 or [email protected]

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 the world's leading interdealer broker and provider of post trade risk 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 our post trade risk and information services we help our customers manage and mitigate risks in their portfolios. For more information go to www.icap.com.

SOURCE ICAP Patent Brokerage

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