The first two products commercialized using this patented technology, demonstrate the invention is applicable across multiple fastener types facilitating groundbreaking designs that resist loosening, breaking, and leaking.
CHICAGO (PRWEB) July 01, 2020
Ocean Tomo Transactions, LLC will auction lot 112, a portfolio of 5 issued U.S. patents, 1 open application along with a limited inventory of the Dominator and Shark Bite fastener brands, on the Ocean Tomo Bid-Ask™ Market. The patent portfolio uniquely discloses self-leveling fastener technology that facilitates simplified installation at steep off angles, increasing range of use while correcting applicator error. The patents further disclose fastener technology that is both self-locking and self-sealing.
As demonstrated by the first two products to be commercialized using this patented technology, the invention is applicable across multiple fastener types facilitating groundbreaking designs that resist loosening, breaking, and leaking. According to Grand View Research, the global Industrial fastener market size was estimated at USD 83.34 billion in 2018 with a CAGR of 4.1%, exceeding USD 110 billion by 2025.
The technology in lot 112 would be of interest to the building and construction industry as well as hardware and fastener industries.
To request bidder credentials or for further information on this auction or other auctions on the Ocean Tomo Bid-Ask™ Market, contact Layna Guo at Layna@OTI.com or 1-312-327-8179.
About Ocean Tomo Bid-Ask Market
The Ocean Tomo Bid-Ask Market is an open on-line platform to buy and sell patents. This market is an important step forward, both as a simplified solution for patent transactions as well as a source of information on patent pricing. The Ocean Tomo Bid-Ask Market uniquely combines the efficiency of an online platform with an experienced team of brokers fluent in both English and Mandarin. The market uses standard transaction documents and is open, transparent, and free to view.