CHICAGO, Sept. 27, 2011 /PRNewswire/ -- ICAP Patent Brokerage, a division of ICAP plc, the world's largest intellectual property brokerage and patent auction firm, announces the auction of U.S. Patent 7,562,815 and related assets owned by Card Logistics at the upcoming Fall 2011 Live IP Auction November 17th in San Francisco. The patent discloses a smart card device that can be used to store information for use in casinos and other gaming establishments.
Key Attributes of the Patented Technology Include:
- Processor-based casino player card for encrypted storage of gaming information, usable in smart-card format as well as portable computers, tablets, smart phones, et al. Includes a communication interface to other electronic devices, such as slot and card readers.
- Processor-controlled memory provides secure storage of personal user information and gaming history including available credit and winnings/losses in secure encrypted format. Allows for separate encrypted storage of user purchases throughout the gaming facility.
- Provides unique active security authentications for all user transactions, including gaming, wagering, purchases, access to special areas or hotel room, and holds user identification.
- Stored gaming history as well as all casino and hotel/resort purchase information can be read and/or downloaded and used to determine loyalty points or other VIP-related awards.
"The technology in this lot provides benefits to both the player and the casino," said Dean Becker, CEO of ICAP Patent Brokerage. "The patent is a key asset for entities involved in the multi-billion dollar casino gaming industry, as well as companies active in the smart card technology market. Industry adoption makes this a timely acquisition opportunity."
Joe Fasulo, CEO of Card Logistics commented, "The CasinoPass™ System resolves some of the critical challenges within the Gaming Industry and facilitates the use of smart card technology throughout the casino. In addition to secure storage of gaming points and maximum fraud protection, the system provides the ease of securely obtaining, maintaining, and processing CRM data from multiple casinos in one location, providing casinos the opportunity to maximize their client's loyalty, and increase profits."
To learn more about the assets available for license in this portfolio:
Contact Dean Becker of ICAP Patent Brokerage at 561-309-0011 or 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 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.
About Card Logistics
Card Logistics is a developer of leading edge patented smart-card based technologies for Secure Identity, Healthcare IT, and Entertainment/Hospitality applications. The Company has extensive experience and knowledge in advanced information technology, and continues to develop both smart card and multiple platform solutions for their primary markets. For more information go to www.cardlogistics.com.
SOURCE ICAP Patent Brokerage