Archive for the ‘pressrelease’ Category

Second Quarter 2019 Review & Market Outlook Released by GTT Group, Inc., Including the Q2 2019 Patent Market Index (PMI®)

Tuesday, August 6th, 2019

Global Technology Transfer Group, Inc. (GTT Group), the world leader in strategic patent analysis and patent transaction services, today makes available the Second Quarter 2019 Patent Transaction Market Report including Patent Market Index (PMI®) and Patent Licensing Index (PLI®) results.

The PMI rose to 110.8 to finish the second quarter of 2019, a 6% increase over first quarter 2019 results and constitutes three quarters of upward trending. Monitored secondary patent assignment volume rose to 1,993, a 4.2% increase over first quarter 2019 results. The market volume increase tracks with historical seasonal patterns related to patent deal activity.

The PLI decreased by 10.2% during the second quarter of 2019. For the same time period the S&P 500 increased in Q2 2019 by 2.6%.

“The market remains driven by quality and strategic imperatives. We have begun to share filing activity in key areas of interest including Mixed Reality, Autonomous Vehicles, IoT, Blockchain, and Machine Learning / Artificial Intelligence,” explains Michael Lubitz, Founder and Managing Director of GTT Group.

Obtain a complete copy of the Patent Transaction Market Report through a complimentary subscription to the Quarterly Patent Transaction Market Report and Patent Market Index. Immediate updates on specific patent deals are also available using GTT Group’s Patent Deal Alert Service through subscription. GTT Group makes this information available as a courtesy to the community.

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About the PMI® and PLI®
The Patent Market Index (PMI®) tracks patent transaction activity and patent marketplace trends, and is reported quarterly in the Patent Transaction Market Report (PTMR). The Patent Licensing Index (PLI®) tracks activity among publicly traded patent licensing companies to provide comparative performance indicators, and is also reported quarterly in the PTMR.

About Global Technology Transfer Group, Inc.
Global Technology Transfer Group, Inc. is a patent transaction advisory & consultancy firm. GTT Group combines core competencies in patent analysis, valuation, and market knowledge to deliver unparalleled results. The company’s corporate headquarters are in Portland, Oregon.

GTT Group’s Patent Equity Fund, Ideaship, Invests in QuantiPort Technology to Provide Physicians with Objective Blood Volume Information

Wednesday, July 10th, 2019

Portland, Oregon—June 10, 2019— QuantiPort today announced it has received a seed investment from Ideaship, a patent leveraged venture capital firm that provides patent development capital to early stage startups. The investment will support QuantiPort’s patent portfolio development related to its disruptive rapid blood volume measurement technology.

“We recognize the technology that QuantiPort is developing has the potential to significantly improve patient care and dramatically reduce mortality rates. We are proud to be partnered with a company whose technology will empower treating physicians to make the best decisions,” said Michael Lubitz, founder and managing director of Global Technology Transfer (GTT) Group and Ideaship co-founder.

“QuantiPort’s technology is expected to dramatically improve the quality of decisions made by treatment teams in trauma and surgical intensive care, as well as in other applications,” stated Kazutoshi Yasunaga, IP Specialist for Ideaship and Director for Panasonic Intellectual Property Corporation of America.

“Partnering with the Ideaship team has been an incredibly beneficial experience for us,” remarked Theodore Hobbs, founder of QuantiPort. “Every team member has brought their expertise to the table and made our success their mission. Knowing that a team of world class IP experts fully believes in our vision and the viability of our technology is extremely encouraging. We look forward to continuing to learn from the IP experts who comprise Ideaship and to a long-term relationship.”

About QuantiPort

QuantiPort, a medical device startup founded in 2017. Based in Portland, Oregon. QuantiPort is developing a device for the delivery of rapid objective blood volume measurement for critical point of care applications. 

For more information, please visit http://www.quantiport.com/

About Ideaship

Ideaship is a patent leveraged venture capital firm, comprised of world-renowned experts at understanding, articulating, and activating patent value. Ideaship provides patent development capital for early stage ventures. Ideaship combines the wisdom and experience of GTT Group’s patent analysis, valuation, and monetization practices with Panasonic Intellectual Property Corporation of America’s world-leading patent department to achieve enterprise value premiums. 

Ideaship is a collaboration between Global Technology Transfer Group and Panasonic Intellectual Property Corporation of America. Ideaship works with founders to maximum enterprise value from their innovations. Ideaship provides the human and monetary capital to capture patent value, while extending operational capital and first mover advantage.

For more information, please visit https://www.ideashipfund.com/.

Contact about this news:

Ideaship
Robert Bell
Email: robert@ideashipfund.com

QuantiPort
Theodore Hobbs
Email: ted@quantiport.com

GTT Group To Sell Artificial Intelligence Content Moderation Patent

Tuesday, June 25th, 2019

Portland, Oregon—June 26, 2019— Global Technology Transfer Group, Inc. (GTT Group), the premier provider of patent analysis and transaction advisory services to information and communication technology companies worldwide, announces the availability of a patent that relates to using artificial intelligence to analyze on-line communications.

The patent is applicable to natural language processing and cognitive services used to monitor and automatically moderate communications in social media posts, chats, instant messages, reviews and comment threads.

The number of worldwide social network users is expected to grow from 2.46B in 2017 to around 3.02B in 2021. Not only was the global social media market valued at $33.8 billion in 2017, the global social media analytics market is expected to reach $20.2B by 2025, growing at a CAGR of 29.6% from 2017 to 2025. Social media companies are continuing to come under scrutiny for the content found on their networks and must deploy innovative and efficient ways to oversee content posted by their users. The patent in this portfolio relates broadly to using artificial intelligence to monitor and automatically moderate the on-line behavior of social media participants.

In parallel, content providers create communities around their content and encourage fans of their content to interact and discuss their favorite content.  Healthy and engaged communities promote media brands and products, but hateful, vitriolic and abusive conversations can undermine the brand and platform and even expose the media platform owner to legal liability.  Media companies are increasingly investing in community and comment monitoring and moderation and all are using automatic monitoring and moderation to a greater or lesser extent.  The patent in this portfolio relates broadly to using artificial intelligence to monitor and automatically moderate the on-line behavior of content communities.

Additionally, e-commerce platforms encourage discussions and reviews of products and must also monitor and moderate these discussions the same reason that media companies must monitor and moderate discussions of their media content.  The patent in this portfolio relates broadly to using artificial intelligence to monitor and automatically moderate the on-line behavior of e-commerce platforms.

The patent is applicable to natural language processing and cognitive services used to monitor communications in social media posts, chats, and instant messages. Tech companies providing artificial intelligence and machine learning capability for processing social media content, media community and e-commerce discussions may offer services related to the claimed invention.  GTT Group has prepared evidence of use (EOU) materials to illustrate the adoption of the patent by major market participants.

“The cognitive services market has seen phenomenal growth and is being extended to a number of different computing fields, including analyzing social networks,” stated Andy Godsey, GTT Group Managing Director. “We are thrilled to present a patent that is foundational to such a critical issue faced by society today.”

To receive more information about this opportunity, please contact Andy Godsey. All inquiries will be kept strictly confidential.

GTT Group is approaching potential buyers and providing materials explaining the strategic advantages of acquiring the portfolio. In addition, GTT Group’s subject matter experts will be available to discuss the strengths of the patents and applications in the market. Offers to acquire the portfolio should be submitted by August 2019 or earlier.

About Global Technology Transfer Group, Inc.

Global Technology Transfer Group, Inc. is a patent analysis and transaction advisory firm. The company’s corporate headquarters are in Portland, Oregon. For more information, visit GTT Group at: www.gttgrp.com

Contact about this news

Global Technology Transfer Group, Inc.
Andy Godsey
Email: agodsey@gttgrp.com
Phone: 503.805.7001

GTT Group’s Patent Equity Fund, Ideaship, Invests in WAVE Technology to Enable Next Generation Aquatic Safety Systems

Wednesday, June 19th, 2019

Westport, Connecticut—June 19, 2019— WAVE today announced it has received a seed investment from Ideaship, a patent leveraged venture capital firm that provides patent development capital for early stage startups. The investment will support WAVE’s efforts to patent its water safety awareness technology.

“WAVE has the potential to save lives and reduce the occurrence and severity of traumatic brain injury through its unique aquatic safety awareness system,” said Michael Lubitz, co-founder of Ideaship and founder and managing director of GTT Group.

“WAVE’s sensing technology supports trained lifeguarding staff and has the potential to reduce near drowning injuries and loss of life associated with aquatic recreational activities,” stated Kazutoshi Yasunaga, IP Specialist for Ideaship and Director for Panasonic Intellectual Property Corporation of America.

“Working with the Ideaship Team has represented a major inflection and insight experience for WAVE. We are grateful to have Ideaship on this journey with WAVE as we make the world a safer place,” remarked Mark Caron, CEO of WAVE.

About WAVE

WAVE is an aquatic safety startup founded in 2016, and is based in Westport, Connecticut. The WAVE system can be deployed at all indoor and outdoor aquatic facilities including pools, lakes, rivers and beaches, and represents the most advanced solution in aquatic recreational safety. For more information, please visit https://www.wavedds.com/.

About Ideaship

Ideaship is a patent leveraged venture capital firm, comprised of world-renowned experts at understanding, articulating, and activating patent value. Ideaship provides patent development capital for early stage ventures. Ideaship combines the wisdom and experience of GTT Group’s patent analysis, valuation, and monetization practices with Panasonic’s world-leading patent department to achieve enterprise value premiums.

Ideaship is a collaboration between Global Technology Transfer (GTT) Group and Panasonic Intellectual Property Corporation of America. Ideaship works with founders to maximize enterprise value from their innovations. Ideaship provides the human and monetary capital to capture patent value, while extending operational capital and first mover advantage. For more information, please visit https://www.ideashipfund.com/.

First Quarter 2019 Review & Market Outlook Released by GTT Group, Inc., Including the Q1 2019 Patent Market Index (PMI®)

Monday, April 29th, 2019

Global Technology Transfer Group, Inc. (GTT Group), the world leader in strategic patent analysis and patent transaction services, today makes available the First Quarter 2019 Patent Transaction Market Report including Patent Market Index (PMI®) and Patent Licensing Index (PLI®) results.

The PMI rose to 104.46 during the first quarter of 2019, a 10.7% increase over fourth quarter 2018 results and constitutes two quarters of upward trend. With the first quarter index, the PMI is also over 100 for the first time since Q2 2016.

The PLI increased by 44.9% during the first quarter of 2019, offsetting the drop of 41.2% seen during 2018. The S&P 500 increased in Q1 2019 by 12.92%, not quite matching the decrease of 14% in Q4 2018. The PLI continues to underperform the S&P 500 over a 12 month period by over 8 basis points.

Monitored secondary patent assignment volume rose to 1,908, a 7.6% increase over fourth quarter 2018 results and the highest volume since Q1 2018. This increase tracks with the historical seasonal trend in patent activity.

“Market volatility as a function of the PMI will remain low over the next several quarters,” according to Michael Lubitz, Founder and Managing Director of GTT Group. “We expect slow and steady growth in the PMI. Smaller strategic transactions will continue to drive the majority of PMI growth.”

Obtain a complete copy of the Patent Transaction Market Report through a complimentary subscription to the Quarterly Patent Transaction Market Report and Patent Market Index. Immediate updates on specific patent deals are also available using GTT Group’s Patent Deal Alert Service through subscription. GTT Group makes this information available as a courtesy to the community.

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Wrench.AI Partners with GTT Group’s Patent Equity Fund, Ideaship, to Provide Personalized AI Experiences at Scale

Monday, April 22nd, 2019

Salt Lake City, Utah—April 22, 2019—Wrench.AI today announced it has received a seed investment from Ideaship, a patent capital fund that provides fundraising support for early stage startups. The investment will support Wrench.AI’s efforts to patent the AI technology that drives its marketing and sales platform.

Ideaship is a collaboration between Global Technology Transfer (GTT) Group and Panasonic Intellectual Property Corporation of America (PIPCA). The fund works with startups developing transformative technologies to articulate their patent value, and provides they capital they need to finance patent filings, a costly process that can take up a significant percentage of a startup’s operating budget.

“We recognized in the Wrench.AI platform’s technology has the potential to dramatically alter the way marketing and sales teams segment their data, apply lead scores, and develop marketing and sales campaigns, allowing them to save time, money, and add personalization at scale,” said Michael Lubitz, founder and managing director of GTT Group and Ideaship co-founder.

“Wrench.AI technology looks to change the nature of communications as a key industry driver for marketers. We look forward to seeing the impact and influence the platform will generate”, echoed Masa Murayama, Ideaship Co-founder and Director of Open Innovation for Panasonic Intellectual Property Corporation of America.

“It’s a privilege to be partnering with the Ideaship team,” said Dan Baird, CEO of Wrench.AI. “Every team member has been a pleasure to work with. That a team with this much patent experience sees the opportunity in our novel approach is just humbling. We look forward to learning from these IP experts and to a long-term relationship.”

About Wrench.AI

Wrench.AI, a B2B2C startup founded in 2017, is based in Salt Lake City, Utah. We’re changing the game with our machine and deep learning technology by empowering your marketing, sales, and support teams to quickly uncover meaningful insights, kickoff relationship-building and personalization initiatives, and scale them—all without compromising users’ trust. For more information, please visit https://wrench.ai.

About Ideaship

Ideaship is comprised of world-renowned experts at understanding, articulating, and activating patent value. Ideaship maximizes the potential of an enterprise’s value in relation to fundraising, go-to-market, and acquisition or IPO. Ideaship combines the wisdom and experience of GTT Group’s patent analysis, valuation, and monetization practices with PIPCA’s world-leading patent department. For more information, please visit https://www.ideashipfund.com.

Fourth Quarter 2018 Review & Market Outlook Released By GTT Group, Inc., Including the Q4 2018 Patent Market Index (PMI®) and Patent Licensing Index (PLI®)

Wednesday, March 13th, 2019

Global Technology Transfer Group, Inc. (GTT Group), the world leader in strategic patent analysis and patent transaction services, today makes available the Fourth Quarter 2018 Patent Transaction Market Report including Patent Market Index (PMI®) and Patent Licensing Index (PLI®) results.

The PMI concluded the fourth quarter of 2018 at 94.33. This marks a 5% increase from the 2018 third quarter results. The PMI is up 14.3% since the end of 2017.

The PLI witnessed a 28.1% decrease during the fourth quarter of 2018. Over the last 12
Months of 2018 the PLI has dropped a total of 41.2%. The S&P 500 decreased by 14% in Q4 2018. The PLI is currently underperforming the S&P 500 on a both a quarterly and 12 month basis.

During the fourth quarter of 2018, there were 1,774 monitored secondary patent assignments. This is a 2.8% decrease over the 2018 third quarter results. The decrease in total volume was offset by several larger asset transactions. Large asset transactions positively influenced the PMI in the 4th Quarter, outweighing the total market volume decline.

“The market remains driven by quality and strategic imperatives,” explains Michael Lubitz, Founder and Managing Director of GTT Group. “We will provide updated guidance at our fourth quarter Review Call.”

Obtain a complete copy of the Patent Transaction Market Report through a complimentary subscription to the Quarterly Patent Transaction Market Report and Patent Market Index. Immediate updates on specific patent deals are also available using GTT Group’s Patent Deal Alert Service. GTT Group makes this information available as a courtesy to the community.

The Review Call for the Q4 2018 PTMR is scheduled for March 21, at 9:00 a.m. Pacific Daylight Saving Time. Contact us before March 19 to reserve a seat.

During the Review Call, Michael Lubitz, Founder and Managing Director of GTT Group, will introduce GTT Group’s new disruptive technology leader board, which tracks trends in emerging technology areas, and provide market guidance for the remainder of the first half of 2019.

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GTT Group Serving as M&A Advisor in Machine Learning Personal Stylist Software Platform

Tuesday, February 19th, 2019

Global Technology Transfer Group, Inc. (GTT Group), a leading technology transaction advisory firm specializing in information and communication technology has announced that they are serving as an M&A advisor to a personal stylist software platform customizable to any wardrobe that uses machine learning to assist users with outfit selection based off a number of factors such as mood, context, preference, etc.

The company’s team of eight has proven expertise in “taste” classification technologies, selling several products to the largest tech companies in the world. Core competencies include automation, machine learning, artificial intelligence and behavioral analytics. The cofounders’ credentials include heading the robotics simulation department of Germany’s largest robotics company and building three dependable automation startups, respectively.

Offering effectiveness currently unseen in personal stylist software, the product’s technology is unique and patented. The infrastructure built includes two key aspects: (i) mechanisms to capture the fashion taste of individuals, including what specific clothes someone has in her closet; and (ii) a system to transform incoming user input into clean, structured and correlated data that technology can interpret, and offer services on top of it, thanks to a unique community-generated fashion ontology. It structures data according to users’ current garments, personality preferences and environment, enabling the automation of outfit suggestions and relevant wardrobe additions. Platform users are able to upload the clothes in their closet within seconds and upload and review different fashion looks. From the data generated, the platform is able to provide a personalized fashion experience that understands the taste profile of each user.

The company has generated a patent portfolio that will be foundational to the digital evolution of the fashion industry. The data the platform captures includes user tastes, habits, current wardrobe, search analysis, and user descriptions. The platform owner will benefit from advanced classifications of data that provide an unparalleled understanding of their customer and improving the recommendations the customer receives. Data correlation, meanwhile, enables recommendations and tips sensitive to the particular user’s tastes. The product features algorithms for 10 different functions that help wardrobe selection, ranging from fashion ontology concepts to an ensemble builder. Their technology enables a fully functional AI personal stylist.

The company has already proven viable and in demand, duplicating its revenues every month for the last few months. Over 80,000 unique subscribers keep an average of 44 clothes in their digital closet and 30,000 new, organic users are subscribing via iOS every month at zero cost to the company, generating around 60 million search data points a month at the time of this press release. Community-generated ontologies, meanwhile, include over two thousand “what to wear” descriptors and one thousand meta-garment definitions. The technology overall has calculated close to two million head-to-toe outfits and compilation will be ongoing as monthly subscribers increase.

Shopping via the platform is also common. Current recommendations generate over 20 percent conversion from product views to visiting its ecommerce store page. Subscribers have the opportunity to share outfits and suggestions, increasing the viability of participating brands and retailers. The company is currently developing trend detection, group clothing recommendations and social networking.

GTT Group has prepared materials for this exciting opportunity. “This technology and brand digitizes how people select outfits and expand their wardrobe,” explains Andy Godsey, GTT Group Managing Director, “similar to music’s digital transition that empowered a whole new level of personalization and user interaction.”

Please contact Andy Godsey for more information. All inquiries will be kept strictly confidential. GTT Group is approaching potential buyers and providing materials explaining the portfolio’s strategic advantages. Subject matter experts will be available to discuss the patents’ strength and market applications.

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GTT Group Representing Founder in Divestment of Unprecedented Language Learning Software and Patent Portfolio

Sunday, February 17th, 2019

Global Technology Transfer Group, Inc. (GTT Group), a leading technology transaction advisory firm specializing in information and communication technology reveals the availability of a language learning technology that demonstrably facilitates more effective English language acquisition through unprecedented features leveraging real-time conversation and streamlined remote classroom management. The portfolio is ideal for organizations in the education sector as well as businesses seeking to enhance employees’ language skills.

The technology was developed by a tenured professor from one of Japan’s leading universities who is an expert in the language learning field with 40+ years teaching oral communication at the university level. The technology reflects such expertise and is a result of the current demand for real-time language learning software in the education and business sectors.

The technology is available for purchase and features a proven software suite and its source code, three patents in Japan and China regarding language e-learning concepts, software manuals and product documentation, a product roadmap for future development and registered trademarks in Japan, China and Hong Kong.

Currently, there are few solutions that facilitate remote language learning with real-time instruction. Teachers and students must rely on generic applications, typically in one on one sessions, that lack the necessary capabilities for effective teaching or classroom management. The featured technology addresses this vacuum while also enhancing remote language teaching concepts. Critically, the software suite uses proven teaching exercises to augment the empirical evaluation of spontaneous and extemporaneous conversation, as well includes remote classroom management options for teachers’ convenience.

The developed software and e-learning concepts were proven radically effective at the founder’s university, then adopted by teachers at other learning institutes and remained in use until the founder’s retirement three years ago. Thousands have used the software suite, underlining its effectiveness and stability. Says one associate professor, “I have been teaching English in Japan for 22 years and there is no other teaching method that even comes close in terms of improving students’ accuracy, listening ability, pronunciation and speed when speaking English.”

The software’s capabilities include hosting from 3 to 40 students per class, options to randomly pair students with their classmates or a teacher in classes of ten or more, progress tracking by recording/managing individual students’ e-learning data and unique applications that focus on pronunciation through basic sounds, spelling, grammar and punctuation.

GTT Group has prepared materials for this exciting technology. “While learning to speak English has long been a priority in countries like China and Japan,” said Andy Godsey, GTT Group Managing Dircetor, “the methods most commonly used do not often result in fluency. Our client’s technology and IP are based on 40 years of teaching experience and result in a higher level of mastery than traditional methods.”

Please contact Andy Godsey for more information. All inquiries will be kept strictly confidential. GTT Group is approaching potential buyers and providing materials explaining the technology’s strategic advantages. Subject matter experts will be available to discuss the patents’ strength and market applications.

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Third Quarter 2018 Review & Market Outlook Released By GTT Group, Inc., Including the Q3 2018 Patent Market Index (PMI®)

Wednesday, November 28th, 2018

Global Technology Transfer Group, Inc. (GTT Group), the world leader in strategic patent analysis and patent transaction services, today makes available the Q3 2018 Patent Market Index (PMI®) and Patent Licensing Index (PLI®) in the Third Quarter 2018 Patent Transaction Market Report.

The PMI® declined for the second consecutive quarter to 89.91 points in Q3 2018, a 2.9% drop, but remained above the Q4 2017 low point. The quantity of secondary patent assignments regained ground with a 2.4% increase to 1,926, well within the range of most quarters since Q3 2015.

“The PMI fell again in Q3 2018, but appears less volatile compared to previous downturns,” according to Michael Lubitz, CEO and Chairman of GTT Group. “It is likely the market will continue with lower volatility over the next several quarters as smaller asset transactions will constitute the majority of deals. This is not a new trend and further declines in the PMI are likely.“

Samsung, BCS Software, and SuperD Technology shared the top position in the Most Active Deal Maker category of Q3 2018, with a long list of companies sharing the second position. The most active sellers included AT&T, Japan Display, Sharp, and GE.

Obtain a complete copy of the Patent Transaction Market Report through a complimentary subscription to the Quarterly Patent Transaction Market Report and Patent Market Index. Immediate updates on specific patent deals are also available using GTT Group’s Patent Deal Alert Service through subscription. GTT Group makes this information available as a courtesy to the community.

Technology Trends & Related Patent Activity

This PTMR saw GTT Group introduce a new section that tracks patent filings by assignee and by technology area over the past year. This includes breakouts of the top specific technology areas per assignee and top assignees per technology area.

Results Conference Call

A summary of Q3 2018 PTMR results and market outlook conference call is scheduled for December 10th at 10:00 Pacific. Contact info@gttgrp.com before December 7th to reserve a seat.

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