CHICAGO, June 12, 2013 /PRNewswire/ -- ICAP Patent Brokerage announces for sale an IP package of electronic cigarette—"e-cigarette"—technology.
"We are excited to offer this innovative e-cigarette technology to our global base of buyers. Electronic cigarette patenting is in its embryonic stages, therefore, owning this portfolio provides a distinct advantage to first movers in an industry experiencing rapid growth," says Dean Becker, CEO of ICAP Patent Brokerage.
Key Characteristics & Benefits
According to Wall Street estimates, U.S. e-cigarette retail sales are expected to grow from $500 million in 2012 to $1 billion in 2013, and eclipse U.S. traditional cigarette market sales within the next decade.
The portfolio for sale describes improved e-cigarette technology with characteristics identical to that of traditional cigarettes. The disclosed e-cigarettes are designed to have an appearance, taste, and aroma identical to tobacco cigarettes, thus providing a realistic smoking experience to users. The IP package includes methods for generating visible and dense smoke as well as aerosol chambers with valves to control the amount of smoke inhaled by users. Furthermore, additional substances such as fragrances, nicotine, and pharmaceuticals are included in the e-cigarette that may provide assistance in the cessation of smoking.
Despite recent market growth and product innovation, few companies have developed sizeable intellectual property positions in this space. Fierce competition for IP is expected by market leaders as the e-cigarette industry and competitive landscape begin to stabilize.
See this technical description of the electronic cigarette IP sales offering.
To learn more about the assets available for sale in this portfolio:
Contact Dean Becker of ICAP Patent Brokerage at (561) 309-0011 or via email at Dean.Becker@us.icap.com.
About ICAP Patent Brokerage
ICAP Patent Brokerage is a division of ICAP plc and the world's largest intellectual property brokerage and patent auction firm.
ICAP is the world's leading interdealer broker and provider of post trade risk and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks. Through our post trade risk and information services we help our customers manage and mitigate risks in their portfolios. For more information, go to www.icap.com.
SOURCE ICAP Patent Brokerage