CHICAGO--(BUSINESS WIRE)--ICAP Ocean Tomo Auctions – a division of ICAP (IAP.L), the world’s premier interdealer broker – today announced it will offer for sale a large number of intellectual property assets held by Philips Electronics on July 23^rd in Chicago at The ICAP Ocean Tomo Summer IP Markets 2009 Auction & Conference with essential information regarding all lots available immediately online at http://catalog.oceantomoauctions.com.

The Philips lot comprises over fifty assets with worldwide coverage relating to digital networking, with an emphasis on message delivery over digital networks. The ubiquity of technology throughout businesses in all industries has made the idea of launching a startup without budgeting for computer hardware and other technology costs nearly inconceivable. Further, as a company grows, its reliance on technology only increases, as instantaneous communication becomes critical to organization, efficiency and productivity.

The Philips assets up for auction on July 23^rd pertain to mid- to large-scale communication systems and provide substantial domestic and international protection. The portfolio includes assets relating to converged systems involving both web-based and wireless networks, to new and improved message delivery methods using network beacons, novel means of interaction between beacon devices and portable network devices, and even methods for using the communication network to locate mobile devices.

“Businesses that are serious about maximizing the utility of their networks, particularly internet service providers and network software developers, would do well to look into these assets” said Dean Becker, of ICAP Ocean Tomo. “The breadth of this lot’s protection will make it a strong addition to any patent portfolio.”

Potential buyers/licensees include internet service providers, software companies, wireless, targeted advertising firms, and networking infrastructure manufacturers.

The technology being sold has been cited as prior art in patents by numerous firms including Samsung Electronics Co. (KS:005930), Sony Corporation (NYSE:SNE), and Intel Corporation (NYSE:INTC).

To submit IP for consideration by Ocean Tomo Auctions or for inquiries regarding these lots, contact 312.377.4851 or auctions@oceantomo.com.

About ICAP Ocean Tomo Auctions

ICAP Ocean Tomo Auctions has received global recognition as the pioneer and leader in the live auctioning of intellectual property assets. Over the past three years since inception, nine Live IP Auctions across the US and Europe which have transacted millions, benefiting sellers such as sold inventors, small and mid-size companies, large corporations, investors, and others. Hundreds of key decision makers in the IP and financial communities attend and participate in auction events, including C-level executives, IP and business professionals, investors, inventors and media professionals. The auctions have been featured on CNBC, Bloomberg TV, The Wall Street Journal, Barron’s, Red Herring, BusinessWeek, Reuters and more.

About ICAP Ocean Tomo

ICAP Ocean Tomo leverages the talents of experienced intellectual property monetization professionals to match buyers and sellers for the sale of patents and other intellectual property assets in private sale transactions, multi-lot live IP auctions and through Patent/Bid-Ask, the first and only brokerage and online marketplace for Intellectual Property.

ICAP Ocean Tomo offers broad-ranging expertise and unparalleled credibility not currently available in the emerging patent marketplace, continuing ICAP’s standard for excellence and innovation. Combining its brokering expertise and world-class customer service, ICAP Ocean Tomo brings stability and liquidity to the patent monetization marketplace and is currently the intellectual property brokerage of choice for IP assets in both the primary and secondary markets.

Our veteran brokers have expertise in IP revenue generation, technology deployment and law. The team uses their vast knowledge of marketplaces across many sectors throughout the United States, Asia and Europe to deliver highly-valued transactions for client benefit.

On June 16, 2009, ICAP and Ocean Tomo, LLC announced that ICAP had purchased the transactions division of Ocean Tomo. The new name for the division is ICAP Ocean Tomo.

About The ICAP Ocean Tomo Summer IP Markets 2009 Auction & Conference

The ICAP Ocean Tomo Summer IP Markets 2009 Auction & Conference will be held in Chicago on July 22nd -23rd at The Drake Hotel. To review the CLE approved conference program and to register, visit www.IPMarkets2009.com.

About ICAP

ICAP is the world’s premier interdealer broker and provider of post trade services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, equities and equity derivatives through voice and electronic networks. ICAP has an average daily transaction volume in excess of $2.3 trillion, more than 40% of which is electronic. ICAP is also the source of global market information and research for professionals in the international financial markets. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information go to www.icap.com.