Washington Startup Provides Analytics for Global Patent Auctions

Spokane, Wash. (PRWEB) August 21, 2014

Just as important pieces of art are appraised, valued and auctioned off to the highest bidder, so too are patents with the potential to further innovation. Washington-based startup IP Street, a leader in intellectual property (IP) analytics, announces its partnership with ICAP Patent Brokerage, the global leader in intellectual property transactions, to enhance the due diligence process of patents across its auctions.

"ICAP Patent Brokerage partnered with IP Street because of the company’s leading analytic and visualization process—it’s unlike anything else on the market,” says Dean Becker, ICAP Patent Brokerage CEO. “We believe that IP Street’s visualizations will significantly enhance our client experience.”

IP Street evaluates the strength of a patent portfolio through a series of factors such as patent scope and ingenuity. IP Street’s products are uniquely able to analyze the claim language, the heart of a patent—something no one else in the industry is able to do. The partnership is a testament to IP Street’s superiority in providing the precise valuation tools that robust and technologically relevant portfolios require.

“ICAP Patent Brokerage is a world-class leader in the brokerage industry and an organization that is consistently recognized for its inventive approaches to business,” said Stu Stiles, CEO of IP Street. “We’re thrilled to have IP Street enhance this process in a sophisticated and visually powerful way that has not yet been explored.”

Founded by patent attorneys and IP management experts with nearly 50 combined years of industry experience, IP Street products were built to simplify the complexities of patent analysis. IP Street offers the next generation of IP analytics tools, providing detailed insights into patent areas, company patent strategies and evaluations of patents as a business asset.

You can see IP Street's charts in action by viewing any of the auction listings on the ICAP Patent Brokerage website, including their upcoming corporate sealed-bid auctions or their October live financial space auction.

About IP Street
Washington-based IP Street was founded in 2011 by Lewis Lee, co-founder of leading Intellectual Property (IP) law firm Lee & Hayes, LLC. IP Street’s products utilize cutting-edge analytics to simplify the complexities of IP monetization. Providing transparent, intuitive, and actionable intelligence, IP Street specifically benefits the business and financial professional. In 2014, IP Street introduced their Advisor product and Elite v5. Together the product suite offers a deep dive into patent data (Elite) and quick, presentation-ready, and sophisticated analysis for a mobile device (Advisor). For more information, visit: http://www.ipstreet.com

About ICAP Patent Brokerage
ICAP Patent Brokerage is the world's largest intellectual property brokerage and patent auction firm, leveraging the talents of experienced patent brokers to match buyers and sellers for the sale of patents and other intellectual property assets. With multiple transaction platforms and unparalleled industry knowledge, including experience with trademarks, brands, intellectual property licensing, and UCC sales, ICAP Patent Brokerage is the global leader in the transaction of intellectual property. For more information, visit: http://icappatentbrokerage.com

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