Arcata, CA (PRWEB) October 6, 2008
Carlson Wireless Technologies, Inc. announced today that it will be offering for sale three patents with broad application in the WiMax and 3G arenas at The Ocean Tomo Live IP Auction in Chicago on October 30. US Patents 5,959,982; 6,693,890; and 5,745,480 are all directed to the field of telecommunication and will be offered as Lots 59, 60 and 61, respectively.
Carlson Wireless is taking this opportunity to auction these particular patents to generate capital that will assist in the development of its next generation of their product line. These patents have generated a significant amount of interest due to their potential applications in the WiMax and 3G standards. Potential licensees include Wireless Service Providers, Wireless Hardware Manufacturers, Wireless Telecommunications Providers and Cell Phone Equipment Manufacturers.
"Currently the direction we are taking with our product line is in a specialized market and we won't likely be able to gain the embedded value these patents might offer," said Jim Carlson, founder and CEO. "We believe that another better suited company will find value in these patents that have such a broad application in the WiMax and 3G arenas. Our business model has us expanding into WiMax and 3G when the technology matures to meet our market niche and so for now it seems appropriate to have someone else have a go at it."
US Patent 5,959,982 discloses a method and apparatus for a simple and efficient adaption of a Time Division Duplex device for propagation delay, thus synchronizing the slave clocks in a wireless system. US Patent 6,693,890 provides a method for improving the functionality of a code division multiple access system by quickly acquiring signal timing. US Patent 5,745,480 provides a method for duplexing wireless network bandwidth, to provide channels to accommodate the various bandwidth needs of users.
With approximately $100M in transactions closed to-date, Ocean Tomo Auctions (http://www.oceantomo.com/auctions.html) has received global recognition as the premier forum for the live auctioning of intellectual property assets. The firm holds multiple live auctions annually in Europe, Asia and the United States, benefiting sellers such as C-level executives, Fortune 500® IP and business professionals, individual inventors, SMEs and investors. Hundreds of key decision makers in the intellectual property, technology and financial communities attend and participate in the two-day auction events. Ocean Tomo Auctions has been featured on CNBC, Bloomberg TV, The Wall Street Journal, Barron's, Red Herring, BusinessWeek, Reuters and many other media outlets.
For more information on any of these Lots or to register to bid at the Ocean Tomo Fall 2008 Live IP Auction, please contact us directly at 312.377.4851 or firstname.lastname@example.org or visit http://www.OceanTomoAuctions.com.
About Carlson Wireless Technologies
Carlson Wireless Technologies (http://www.carlsonwireless.com), a microwave radio manufacturer located in California, designs and develops wireless telecommunications and broadband equipment for domestic and international markets. CWT is the leader in the field of fixed and low latency microwave signaling. Incorporating the company's exclusive TrueTDM technology plus IP Carlson's robust point-to-point digital radios provide simultaneous wireless links for telephone, leased lines and Ethernet data.