Patents Assigned to Ocean Tomo, LLC
  • Patent number: 10846620
    Abstract: A machine-learning based artificial intelligence device for finding an estimate of patent quality, such as patent lifetime or term is disclosed. Such a device may receive a first set of patent data and generate a list of binary classifiers. A candidate set of binary classifiers may be selected and using a heuristic search, for example an artificial neural network (ANN), a genetic algorithm, a final set of binary classifiers is found by maximizing iteratively a yield according to a cost function, such an area under a curve (AUC) of a receiver operating characteristic (ROC). The device may then receive patent information for a target patent and report an estimate of patent quality according to the final set of binary classifiers.
    Type: Grant
    Filed: December 11, 2017
    Date of Patent: November 24, 2020
    Assignee: Ocean Tomo, LLC
    Inventors: Matthew Beers, Elvir Causevic
  • Patent number: 9058628
    Abstract: A marketplace for trading derivative financial contracts includes a forum that publishes a financial contract and allows the financial contract to be traded by one or more market participants. The financial contracts are based on one or more underlying intangible assets of one or more entities. The price of the contract is derived from a measure of value of the one or more underlying assets of the particular financial contract. The forum may include an exchange for trading financial contracts and may also host trading of over-the-counter financial contracts.
    Type: Grant
    Filed: November 29, 2007
    Date of Patent: June 16, 2015
    Assignee: Ocean Tomo, LLC
    Inventors: James E. Malackowski, Keith M. Cardoza, Susan L. Aylward, Cameron Gray
  • Publication number: 20140304191
    Abstract: A method of utilizing an intellectual property grouping owned by a patent entity to generate income. The method includes acquiring rights in a first intellectual property asset from a seller on behalf of a patent investment entity, providing compensation to the seller in exchange for the first intellectual property asset, granting less than all of the rights in the first intellectual property asset to the seller of the intellectual property asset in exchange for a stream of payments, wherein granting less than all of the rights in the first intellectual property asset creates residual rights in the first intellectual property asset, and utilizing the residual rights in the first intellectual property asset to generate income for the patent investment entity.
    Type: Application
    Filed: February 10, 2014
    Publication date: October 9, 2014
    Applicant: Ocean Tomo, LLC
    Inventors: James E. Malackowski, Robert Block, Andrew Carter, Mark Rubin
  • Patent number: 8831985
    Abstract: The present invention is a system and methods by which an investment vehicle can be established that is directed to one or a very limited specific form of content. More specifically, the system and methods of the present invention creates a financial instrument directed to specific content—such as a specific technology or specific artistic or literary work—that may be issued, thereby providing investors with the opportunity to invest in the specific content or aspect of that specific content.
    Type: Grant
    Filed: January 31, 2008
    Date of Patent: September 9, 2014
    Assignee: Ocean Tomo LLC
    Inventors: James E. Malackowski, Cameron Gray, Keith M. Cardoza, Jonathan A. Barney, Jason L. Gardner, Stephen C. Yelderman
  • Patent number: 8694419
    Abstract: A method of utilizing an intellectual property grouping owned by a patent entity to generate income. The method includes acquiring rights in a first intellectual property asset from a seller on behalf of a patent investment entity, providing compensation to the seller in exchange for the first intellectual property asset, granting less than all of the rights in the first intellectual property asset to the seller of the intellectual property asset in exchange for a stream of payments, wherein granting less than all of the rights in the first intellectual property asset creates residual rights in the first intellectual property asset, and utilizing the residual rights in the first intellectual property asset to generate income for the patent investment entity.
    Type: Grant
    Filed: March 5, 2009
    Date of Patent: April 8, 2014
    Assignee: Ocean Tomo, LLC
    Inventors: James E. Malackowski, Robert Block, Andrew Carter, Mark Rubin
  • Publication number: 20130339063
    Abstract: Presented herein are methods and systems for managing an entity's risks of patent coverage. More specifically, the present invention is directed to methods and system for insuring an entity against damage awards in patent litigation. The presented methods and systems allow a manufacturer to minimize their exposure to damage awards in patent litigation by conducting pre-emptive analyses and properly allocating funds for royalty payments and/or damage awards. An insurance captive is also established as a risk management tool to insure the manufacturer against excessive damage awards.
    Type: Application
    Filed: August 22, 2012
    Publication date: December 19, 2013
    Applicant: Ocean Tomo LLC
    Inventors: James E. Malackowski, Robert Block, Andrew W. Carter, Adam Clifford, Richard Conroy, Michael O. Hill, Michael Lasinski
  • Patent number: 8515851
    Abstract: A method for generating an index of securities includes selecting index constituents and weighing the selected index constituents by a measure (“an intangible asset measure”) of quality and/or value of the intangible assets of constituent entities. The index constituents can be selected from a set of potential constituents based on an intangible asset measure of each constituent in the set, and the selected index constituents may then be weighted by a desired measure or methodology or weighted equally, or by an intangible asset measure. Another method for generating an index of securities includes combining groups of constituents, which are selected based on an intangible asset measure, to be index constituents and weighing the index constituents by a desired measure or methodology.
    Type: Grant
    Filed: October 14, 2011
    Date of Patent: August 20, 2013
    Assignee: Ocean Tomo LLC
    Inventors: Keith M Cardoza, James E. Malackowski, Cameron Gray, Eric Fried
  • Patent number: 8355932
    Abstract: Presented herein are methods and systems for managing an entity's risks of patent coverage. More specifically, the present invention is directed to methods and system for insuring an entity against damage awards in patent litigation. The presented methods and systems allow a manufacturer to minimize their exposure to damage awards in patent litigation by conducting pre-emptive analyses and properly allocating funds for royalty payments and/or damage awards. An insurance captive is also established as a risk management tool to insure the manufacturer against excessive damage awards.
    Type: Grant
    Filed: October 16, 2009
    Date of Patent: January 15, 2013
    Assignee: Ocean Tomo LLC
    Inventors: James E. Malackowski, Andrew W. Carter, Adam Clifford
  • Publication number: 20120096027
    Abstract: A method of patent marking products comprises providing digital data identifying one or more patents related to predetermined products in a patent marking sense, and facilitating access to the digital data such that at least the numbers of the one or more related patents can be ascertained. One disclosed execution involves acquiring or developing a patent-product map which correlates product attributes, identifiers or other product data regarding predetermined products with the numbers of patents which relate to the products in a patent marking sense. The map is made available on a remotely accessible patent marking link such that upon accessing the link, patent marking information concerning the predetermined products can be ascertained. The maps are utilized to provide patent numbers correlated with products. In all more than 20 executions of the invention are disclosed.
    Type: Application
    Filed: October 17, 2011
    Publication date: April 19, 2012
    Applicant: Ocean Tomo LLC
    Inventor: John H. COULT
  • Publication number: 20120084295
    Abstract: A method for generating an index of securities includes selecting index constituents and weighing the selected index constituents by a measure (“an intangible asset measure”) of quality and/or value of the intangible assets of constituent entities. The index constituents can be selected from a set of potential constituents based on an intangible asset measure of each constituent in the set, and the selected index constituents may then be weighted by a desired measure or methodology or weighted equally, or by an intangible asset measure. Another method for generating an index of securities includes combining groups of constituents, which are selected based on an intangible asset measure, to be index constituents and weighing the index constituents by a desired measure or methodology.
    Type: Application
    Filed: October 14, 2011
    Publication date: April 5, 2012
    Applicant: Ocean Tomo LLC
    Inventors: Keith M. Cardoza, James E. Malackowski, Cameron Gray, Eric Fried
  • Publication number: 20110320333
    Abstract: A system and methods providing an exchange network for valuing and trading of intangible instruments, such as one or more rights to an intangible property including a given intellectual property (patents, copyrights, trademarks, trade dress, trade secrets and/or the rights of publicity). The system and methods permits a party to access a database of the intangible instruments including data relating to identifying value of the instrument. The system and methods permits a party to perform due diligence on the intangible instrument and, as a result, to formulate a bidding strategy for the intangible instrument that the bidder believes is appropriate. If the bidder and the owner reach agreement on the price, a transaction for the intangible instrument is executed between the parties.
    Type: Application
    Filed: August 14, 2008
    Publication date: December 29, 2011
    Applicant: Ocean Tomo LLC
    Inventors: Dean Becker, Christine Alexis Bante, Cameron Gray, James E. Malackowski, Dipanjan Nag
  • Patent number: 7930231
    Abstract: The disclosure relates to an investment risk minimization system involving a venture capital investor and a venture needing investment from the venture capital investor. In such a system, an exemplary method can include providing an investment to a venture having an intellectual asset, and receiving a security interest in the intellectual asset. The security interest secures an ownership right upon failure by the venture to meet established parameters. Further, if the venture receiving the investment fails to meet the established parameters, the method includes obtaining an ownership interest in the intellectual asset, valuing the intellectual asset, and transferring the intellectual asset to a charitable organization.
    Type: Grant
    Filed: February 7, 2008
    Date of Patent: April 19, 2011
    Assignee: Ocean Tomo, LLC
    Inventors: James E. Malackowski, David A. Kennedy, Roger L. May
  • Patent number: 7769685
    Abstract: The invention relates to an investment risk minimization system involving a venture capital investor and a venture needing investment from the venture capital investor. In such a system, an exemplary method can include providing an investment to a venture having an intellectual asset, and receiving a security interest in the intellectual asset. The security interest secures an ownership right upon failure by the venture to meet established parameters. Further, if the venture receiving the investment fails to meet the established parameters, the method includes obtaining an ownership interest in the intellectual asset, valuing the intellectual asset, and transferring the intellectual asset to a charitable organization.
    Type: Grant
    Filed: February 7, 2008
    Date of Patent: August 3, 2010
    Assignee: Ocean Tomo, LLC
    Inventors: James E. Malackowski, David A. Kennedy, Roger L. May
  • Patent number: 7716076
    Abstract: A method for structuring an insurance transaction. The method includes providing insurance coverage to reimburse an insured entity in the event that the insured entity incurs a loss based on the occurrence of one or more defined events, designating an insurance premium amount to be paid by the insured entity as an insurance premium. The method further includes requiring that the insurance premium amount be paid, at least in part, by a transfer of intellectual property assets, each intellectual property asset including a plurality of intellectual property rights.
    Type: Grant
    Filed: December 27, 2004
    Date of Patent: May 11, 2010
    Assignee: Ocean Tomo, LLC
    Inventors: Robert J. Block, Andrew Carter
  • Patent number: 7536312
    Abstract: Methods are disclosed for using computers, computer programs, algorithms and computer networks and communications hardware and protocols to appraise the value of assets as well as protecting asset owners from the risk that other entities will value those assets differently. The methods disclosed include: Supplementing traditional valuation methods with other considerations that may affect the value of intellectual property assets. Using insurance type financial instruments to maintain compliance with regulatory requirements such as those imposed by the Sarbanes Oxley Act, the SEC, or the IRS. Using insurance type financial instruments to protect intellectual property asset owners from the risk that tribunals, regulatory agencies, or other entities will appraise intellectual property assets at a different value.
    Type: Grant
    Filed: January 26, 2006
    Date of Patent: May 19, 2009
    Assignee: Ocean Tomo, LLC
    Inventor: Robert Block
  • Publication number: 20090024513
    Abstract: A method for transacting intellectual property includes the steps of licensing an IP right corresponding to an IP asset to a licensee according to an agreement; receiving a payment from the licensee for the IP right according to terms of the agreement; and if a call or put option provision in the agreement is exercised, then receiving payment of the strike price and transferring ownership of the IP asset to the licensee. The call option provision provides the licensee the right to purchase the IP asset at a predetermined strike price within a specified time period. The put option provision provides the IP owner a right to sell the IP asset at a predetermined strike price.
    Type: Application
    Filed: July 16, 2008
    Publication date: January 22, 2009
    Applicant: Ocean Tomo, LLC
    Inventors: Kevin Arst, Michael Milani
  • Publication number: 20080243642
    Abstract: A method for transacting intellectual property includes the steps of receiving an executed document transferring an intellectual property right to an undefined party; receiving one or more offers for the intellectual property right; determining a winning party based on the one or more received offers; and releasing the executed document to the winning party. The method may further include placing the executed document in a data room for review by a potential acquirer prior to receiving one or more offers for the intellectual property night. The data room may be an on-line data room and include information for the potential acquirer to conduct due diligence of the intellectual property right. The intellectual property transaction may be conducted in a live or electronic auction. The intellectual property right may be submitted through an online submission form and an automated qualification system may classify the intellectual property right.
    Type: Application
    Filed: March 31, 2008
    Publication date: October 2, 2008
    Applicant: Ocean Tomo, LLC
    Inventor: Andrew T. Ramer