Archive for the ‘pressrelease’ Category

Third Quarter 2019 Patent Transaction Market Report & Outlook Released by GTT Group, Inc., Including the Q3 2019 Patent Market Index (PMI®)

Monday, October 28th, 2019

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

The PMI declined by 2.6% to 107.9 to finish the third quarter of 2019. Monitored secondary patent assignment transaction volume similarly decreased to 1,949, a 2.2% decline over second quarter 2019 results. Despite the PMI and secondary transaction volume declines, the quarter ending numbers represent the highest activity range over the last 3 years. “We expect the PMI and secondary transaction volume to remain in the present activity range over the next two quarters,” remarked Michael Lubitz, Founder and Managing Director of GTT Group.

GTT Group monitors patent filing trends in key areas of technology development and commercialization, including Mixed Reality, Autonomous Vehicles, IoT, Blockchain, and Machine Learning / Artificial Intelligence. Patent filing momentum continues and asset value holders continue to be highly fragmented. GTT Group is observing significant new patent value creation within the start-up or venture segment,” commented 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.

Download Full Press Release

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 also provides patent development capital in exchange for equity to pioneering new ventures. 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 to Sell Social Search Patent Portfolio

Wednesday, October 9th, 2019

Portland, Oregon—October 9, 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 portfolio that relates to searching and navigation within a community of users and content such as a social network.

The portfolio is applicable to providers of user communities such as social networks, both in the personal and enterprise space. Enhancements to the ability of users to more efficiently find content or other users improves the social network experience and stickiness.

It is estimated that the number of worldwide social network users in 2019 is 3.2 billion, or 42% of the Earth’s entire population. 90.4% of Millennials, 77.5% of Generation X, and 48.2% of Baby Boomers are active social media users. Social media ad spending is predicted to increase by 19% in 2019, to an estimated total of $38B in ad spend in 2020 and the global ad spend in the Social Media Advertising segment in 2019 is estimated to be over $98B. Exemplary patents in this portfolio broadly relate to improved tools or systems for searching and navigating the large pools of databases and electronic media of user communities such as social networks. Improvements in ranking search results, profiling users, and recommending content are also enabled. 

Content providers create communities around their content and encourage users to interact with each other for discussion and debate. A key goal of these communities, which may include social networks, is to make the user interface engaging and frictionless. The more natural the interface, the more users focus on the experience. They are then likely to spend more time in the community consuming content.  The patents in this portfolio relate broadly to enabling the search for relevant content to be quicker and more accurate.

Providers of content communities and social networks are also looking to monetize their investments, which is done through advertising directly to users. However, advertising that is not of interest to users is inefficient and rarely cost-effective. Ideally, users should only be shown ads that are targeted and focused. The patents in this portfolio relate broadly to enabling users to be categorized more effectively based on their behavior within the community, such as by the content they view or the users they interact with, thus enabling more targeted ads.

The patent portfolio is applicable to organizing content in user communities such as social networks, allowing users to find content they are most interested in consuming, or in searching for users they would wish to interact with. The searching by these users may be tracked to identify user interest and sub-communities, and offer this information to advertisers so they can offer targeted ads that are meaningful and less obtrusive.  GTT Group has prepared evidence of use (EOU) materials to illustrate the adoption of the patent by major market participants.

“With so much content being generated, a major issue for online communities is how to engage with users in a way that feels organic and relevant,” stated Andy Godsey, GTT Group Managing Director. “The inventions in this portfolio enable social networks and search engines to present content, recommendations and advertisements in a personalized way.”

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. Offers to acquire the portfolio should be submitted by December 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

Andy Godsey

Global Technology Transfer Group, Inc.

+1 503.805.7001

agodsey@gttgrp.com

SmartBeat to Build Intelligent Infant Monitoring Systems with Backing by GTT Group’s Patent Equity Fund, Ideaship

Friday, August 30th, 2019

Salt Lake City, Utah—August 29, 2019—SmartBeat 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 SmartBeat’s efforts to engineer, manufacture, and deploy their revolutionary infant monitoring solution to consumers nationwide.

“SmartBeat’s technology represents a major break-through in infant monitoring technologies. To be able to bring affordable infant monitoring technologies to the home is a central mission of Smart Beat and we are grateful to be part of the team. I have known Nate for several years, when he presented his idea at the 1 Million Cups event in Salt Lake City. He has made significant progress and has turned his idea into a product. Nate is passionate about monitoring breathing using a camera that is widely available. We are excited to invest in Nate, his company, and his idea,” said Robert Bell, Ideaship Venture Partner.

“The Ideaship team has exceeded my expectations in every regard. They were able to marshall significant resources to assist us with our patent portfolio development at a key inflection point. They have been professional, proactive, and diligent in their efforts to protect our innovations,” remarked Nathan Ruben, co-founder and CEO of SmartBeat.

About SmartBeat

SmartBeat is a B2C infant monitoring system solutions company based in Salt Lake City, Utah. SmartBeat engineers and manufactures state of the art, computer vision powered infant monitoring systems. For more information, please visit https://mysmartbeat.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 is a collaboration between Global Technology Transfer Group (GTT Group) and Panasonic Intellectual Property Corporation of America. 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 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
Ian Garrett
Email: ian@ideashipfund.com

SmartBeat
Nathan Ruben
Email: nate@mysmartbeat.com

GTT Group’s Patent Equity Fund, Ideaship, Invests in Auxbus Fast, Easy, Professional Podcast Platform, Available Now

Tuesday, August 20th, 2019

Asheville, North Carolina—August 20, 2019—Auxbus 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; and that the company has launched its platform. The investment will support Auxbus’s efforts to scale and deploy its podcast creation and marketing platform.

Auxbus concurrently announces worldwide launch of its end-to-end podcast creation platform. The web-based app is designed to save time and money for businesses and brands, while producing professional results that are easy for even the most novice audio creators. Auxbus guides first-time podcasters through planning and creating their content. The company’s proprietary technologies automatically complete and distribute finished, polished podcasts in moments. Auxbus designed its software using extensive user research spanning its more-than 1,000 users, enabling the company to preemptively answers new podcasters’ questions and address their concerns.

“Auxbus’s end-to-end podcast platform combines process automation and proprietary analytics to reduce barriers and enable time-efficient podcasting as a content-marketing medium for business. We look forward to Auxbus’s impact on business marketing as the podcast industry matures and becomes increasingly accessible,” said Robert Bell, Ideaship Venture Partner.

“The podcast industry is experiencing significant growth, but audio content development is difficult for novice audio creators. Auxbus’s technologies streamline production and distribution so even small companies can develop and leverage their own podcasts,” stated Kazutoshi Yasunaga, IP Specialist for Ideaship and Director for Panasonic Intellectual Property Corporation of America.

“I cannot speak highly enough of Ideaship. They expedited their service timeline to accommodate our aggressive release schedule without sacrificing an iota of quality. We are grateful to have partnered with Ideaship, and look forward to having them in our corner,” remarked Dan Radin, founder and CEO of Auxbus.

Auxbus is free to get started at auxbus.com. Monthly and annual plans are available as well.

About AuxBus

Auxbus® is the developer of the world’s fastest audio-creation tools. Auxbus eliminates the pain of planning, creating, producing and distributing podcasts for business. The company’s software guides planning and recording, and automates production and distribution, enabling professional podcasts, at less cost, in less time. Auxbus donates a percentage of revenue annually to fund cochlear implants and services for children born with hearing impairments. For more information, visit auxbus.com.

About Ideaship

Ideaship is equity based patent development capital. 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 is a collaboration between Global Technology Transfer Group (GTT Group) and Panasonic Intellectual Property Corporation of America. 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 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
Ian Garrett
Email: ian@ideashipfund.com

Auxbus
Dan Radin
Email: dan@auxbus.com

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.

Download Full Press Release

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.

Download Full Press Release

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.