Innovative Location-Based Systems & Logistics Patents To Be Sold at Live Auction on April 2nd in San Francisco

Patented Technology Provides Information, through a GPS System, about Surrounding Services Based on a Person’s Location

SAN FRANCISCO--Ocean Tomo Auctions, LLC today announced it will offer for sale several innovative Lots relating to Location-Based Systems & Logistics technologies at the Ocean Tomo Spring 2008 Live Intellectual Property Auction on April 2nd at The Ritz-Carlton in San Francisco, California.

Location-Based Systems & Logistics Lot Summaries
Lot           IP Assets Included           Description

38           US Patent 6,526,351          Interactive multimedia tour guide
39           US Patent 6,184,802           Fleet tracking system
40           US Patent 6,313,791           Automotive GPS control system
41           US Patent 5,717,392           Location-based multimedia hierarchical information distribution systems and methods

The Location-Based Systems & Logistics category includes patents relating to a portable, electronic tour guide providing the user with directions and information about a selected tour that is part of a GPS database; a system for tracking transportation vehicles and informing users when the next vehicle will arrive at their boarding site; and a GPS control system for defining an electronically-fenced area in which a vehicle may operate.

Specifically, Lot 41 discloses technology allowing a person to access information, through a GPS system, regarding the proximity of pertinent services, such as gas stations, hotels, and airports, as well as details related to that location, such as hotel vacancies and special offers, based upon their location.

Potential acquirers for the aforementioned patent assets may include electronic device developers and manufacturers; mobile phone providers and manufacturers; vehicle and GPS manufacturers; mail and parcel delivery companies; transportation system and insurance companies; and content providers.

For more information on any of the Lots or to register to bid or attend the event, please contact us at 312.377.4851 or or visit www.OceanTomoAuctions.com.

About Ocean Tomo Auctions:

Ocean Tomo Auctions, the auctions arm of Ocean Tomo, LLC (www.OceanTomo.com), the country’s leading Intellectual Capital Merchant Banc® firm, has received global recognition as the leader in the live auctioning of intellectual property assets for some of the world’s largest and most established companies. Hundreds of key decision makers in the intellectual property and financial communities attend and participate in the auctions and related workshops, including C-level executives, Fortune 500® IP professionals, investors, small to mid-size companies, inventors and media professionals. Ocean Tomo Auctions has been featured on CNBC, Bloomberg TV, The Wall Street Journal, Barron’s, Red Herring, BusinessWeek, Reuters and more. The live auctions are held in the spring and fall in the U.S. and in the summer alternating between Europe and Asia.