NewswireToday - /newswire/ -
Denver, CO, United States, 2010/08/05 - AmiCOUR IP Group has been retained by Pen-One, Inc. and Verimetrics, Inc. to sell their portfolio of issued and pending intellectual property relating to mobile banking, wireless network security, RFID, and biometrics security technologies.
AmiCOUR IP Group has been retained by Pen-One, Inc. and Verimetrics, Inc. to sell their United States and International portfolio of issued and pending intellectual property relating to mobile banking, wireless network security, and biometrics security.
The multi-million dollar portfolio contains ten issued US patents, 3 essential US design patents, and at least six issued international patents. In addition, five US applications are pending, including recent claim allowances. Approximately sixty-five international patents are also pending in various countries with at least two, in Europe and China, also recently receiving claim allowances. Pen-One has designed commercial products using the intellectual property and demonstration software is part of the offering.
“This is an exceptionally strong patent portfolio where the strategically developed patent groupings represent excellent commercialization and defensive IP assets,” stated Scott Bechtel, AmiCOUR IP Group’s managing partner and CEO. “Our review team concluded that many of these technologies will soon achieve ubiquity in mobile banking, retail point of sale, and smart phone network access applications. This technology will reduce the massive losses caused by identity theft and lost or stolen credit cards. The portfolio also addresses the growing risk of lost cell phones containing personal banking information, which is currently a barrier to widespread adoption of mobile banking and mobile online shopping.”
The patents claim fingerprint sensors used on pens and cell phones and related secure transaction methods for granting network access, securing retail payment card transactions, and improving mobile banking security. The commercial design for a new fingerprint sensor finger guide is included. The patent pending finger guide design, recently allowed as part of a stylus design that can be used in payment terminals, has been demonstrated to be effective reducing false rejections. These false rejections, typically caused by a user’s failure to properly position the finger over the sensor, have been one of the barriers to fingerprint sensor acceptance as a way to block credit card abuse. Other strategic patents relate to placement of fingerprint sensors on the side of cell phones and mobile computing devices. The portfolio also includes a number of key patent claims related to granting access to physical facilities, including secure sign-in processes for government facility and corporate visitors.
About AmiCOUR IP Group, LLC
AmiCOUR IP Group (amicourip.com), a leading intellectual property consulting company providing IP asset management and consulting services, litigation support, royalty audits, and patent management software tools. The company’s brokerage sale team is exclusively managing this sale.