Atwater Partners to Offer Covenant Not to Sue at ICAP Patent Brokerage's First Ever Covenant Not to Sue Auction September 27-29, 2011 in Los Angeles

CHICAGO, May 10, 2011 /PRNewswire/ -- ICAP Patent Brokerage announces an addition to the first ever Covenant Not to Sue (CNS) Auction to be held September 27-29, 2011 in Los Angeles. A Covenant Not to Sue (CNS) is an agreement, drafted by a patent holder that comprises a promise not to sue the counterparty for infringement of some or all of the patent holder's patents.

(Logo:  http://photos.prnewswire.com/prnh/20100614/CG20517LOGO)

The new CNS addition comes from Atwater Partners and involves patents that cover the bonding of DSL lines to provide high speed circuits. The CNS being offered by Atwater will cover all of Atwater's current patent portfolio.

The fundamental claims of the patents encompass most implementations and designs where multiple (lower speed) links are used to emulate a single (higher speed) link in DSL. Such bonding includes ATM bonding, Ethernet-based multi-pair bonding, ADSL bonding, ADSL2+ bonding and VDSL2 bonding. Any corporation involved with Broadband DSL and the IP "Triple Play" over DSL should find interest in this CNS.

The patents owned by Atwater Partners anticipated the ITU-T 998 (G.Bond) standard for bonding DSL lines. The assets date from several years before work commenced on the ITU 998 standard, and clearly predate it, as well as other commercial efforts. This standard has been adopted by telecommunications providers, and equipment vendors worldwide.

The portfolio of assets has been, and continues to be, aggressively litigated.  Prior defendants include Broadcom, Cisco, and Motorola.  Anthony Hayes, President of Atwater Partners, said that Atwater is, "committed to pursuing all infringers of the technology. We are pleased with the outcomes reached from the Texas litigation and our two recent suits filed in Delaware demonstrate our decision to do whatever is necessary to enforce our rights. However, we acknowledge the benefits of certainty and the opportunity a CNS provides all parties with resolve current litigation quickly."

ICAP Patent Brokerage is now actively accepting CNS submissions. The full catalog of CNS up for auction will be made available in mid-August. For more information, contact Dean Becker at [email protected] or (561) 309-0011.

About ICAP Patent Brokerage

ICAP Patent Brokerage is the intellectual property brokerage division of ICAP and the world's premier patent auction firm.

About ICAP

ICAP is the world's premier interdealer broker and provider of post trade services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, emerging markets, equities and equity derivatives through voice and electronic networks. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information go to www.icap.com.

SOURCE ICAP Patent Brokerage