The patent portfolio comprises 3 issued US patents, 9 US applications and 19 foreign counterparts. The portfolio is mainly related to three sectors: intelligent transportation systems, electronic security systems, and moisture detection systems. These worldwide markets account for more than $15B in revenue in 2010. These patents are connected to a bankruptcy estate and comprise traffic counters, smoke detectors, home security, moisture sensors and CO2 sensors.
The evidence of use material has been prepared by the GTT Group with regards to adopting the invention by several participants in the detection system and security industries. Eligible interested parties will be provided access to the evidence of use materials under non-notice and non-disclosure provisions.
Several potential buyers will be met by GTT Group and materials will be provided detailing the strategic benefits of obtaining the portfolio. Additionally, specialists from GTT Group will be ready to offer details of the patent portfolio and how it can be adopted to relevant sectors.
Global Technology Transfer Group is a consultation and patent transaction advisory firm that integrates its worldwide network to its expertise in valuation of patents to offer excellent outcomes. The services offered by GTT Group include patent acquisition, patent brokerage, patent valuation, strategic analysis and wireless-related standards review. The corporate headquarters of the company is in Portland, Oregon, with representation in North America, Asia, and Europe.