Ocean Tomo Auctions to Sell Key WiMax Broadband Patents

Ocean Tomo Auctions, LLC today announced the sale of a key wireless patent portfolio directly relevant to broadband standards such as 802.11n, 802.16 (WiMax) and 802.20. This portfolio will be offered by Aquity, LLC at The Ocean Tomo Spring 2007 Live Intellectual Property Auction on April 19th at the Union League Club of Chicago.

Future of Wireless Broadband

The Aquity patent portfolio covers fundamental inventions in two of the most important emerging wireless technologies -- MIMO (Multiple-input Multiple-output) and OFDM (Orthogonal Frequency Division Multiplexing). The ground-breaking inventions provide significant cost, performance and network capacity improvements over existing broadband wireless systems.

“We are excited to include the Aquity portfolio in our Spring Auction,” said Dean Becker, Vice Chairman of Ocean Tomo. “Patent applications from major technology companies have been rejected by the USPTO citing these cornerstone patents. Companies in the wireless broadband business are now being presented with an opportunity to acquire this key portfolio and uniquely position themselves in the marketplace.”

Unique Insight of an Inventor and Musician

Unlike other wireless industry engineers who are working to solve specific problems, inventor Steve Shattil’s insight came more in the heritage of Isaac Newton. An avid musician and physicist, Mr. Shattil applied active electromagnetic shielding to reduce noise in guitar pickups. This application led to the development of advanced interference-cancellation techniques that not only resulted in better guitar sustain, but also a more robust wireless communication system. When the pickups were replaced with antennas, the same cancellation techniques could be used to separate multiple radio signals being transmitted in the same frequency band to support many simultaneous interfering channels. This insight underlies Mr. Shattil’s initial patent on Interferometry Processing and provides the prescient claims that read on key MIMO and OFDM related applications.

“The demands of future wireless applications will require signal processing techniques that can dynamically adapt to multiple wireless standards and channel conditions to maximize throughput and performance,” stated Mr. Shattil. “Interferometry Processing provides the only signal processing platform with the agility to provide either time or frequency domain processing required for ultimate adaptability and optimum performance.”

Rare Acquisition Opportunity

The Aquity portfolio is being offered in two separate lots: Lot 41, which includes 5 US patents, foreign counterparts and pending applications, is pioneering in the field of Carrier Interferometry and includes priority dates as early as February 1998. Lot 42, which includes 6 US patents, foreign counterparts and pending applications, is fundamental to MIMO interference cancellation and includes priority dates as early as July 1994. Together, the two lots of patent assets contain approximately 2,500 claims.

For more information on Lots 41 and 42 or The Ocean Tomo Spring 2007 Live Intellectual Property Auction or to register to attend the event, please call 312.377.4851 or visit www.OceanTomoAuctions.com.

About Ocean Tomo Auctions:

Ocean Tomo Auctions, the auctions arm of Ocean Tomo, LLC (www.OceanTomo.com) -- the country’s leading Intellectual Capital Merchant Banc® firm -- has received global recognition as the leader in the live auctioning of intellectual property assets for some of the world’s largest and most established companies. Hundreds of key decision makers in the intellectual property and financial communities attend and participate in the auctions and related workshops, including C-level executives, Fortune 500® IP professionals, investors, small to mid-size companies, inventors and media professionals. Ocean Tomo Auctions has been featured on CNBC, Bloomberg TV, The Wall Street Journal, Forbes, Barron’s, Red Herring, BusinessWeek, and Reuters. The live auctions are held in the spring and fall in the U.S. and in the summer in Europe.