CHICAGO, July 3, 2013 /PRNewswire/ -- ICAP Patent Brokerage announces for sale an innovative electronic cigarette refill IP portfolio that provides the next generation of e-juice dispensing accessories for the e-cigarette industry.
"The market for electronic cigarette liquid fuel refill options has matched the growth of e-cigarettes. We are pleased to offer this powerful patent that presents a unique, safe, and effective system for refilling e-cigarette cartridges. The owner of this technology will be strategically positioned to capture the emerging marketplace for e-cigarette accessories," says Dean Becker, CEO of ICAP Patent Brokerage.
Key Characteristics & Benefits
As ever-increasing "no smoking" laws make it virtually impossible to smoke anywhere, retail sales for electronic cigarettes have experienced accelerated growth. Further, a steadily increasing portion of income from this emerging market will be from refilling the cartridges that hold the required e-cigarette operating fluid known as "e-juice" or "e-liquid."
All electronic cigarettes and accessories are awaiting Food and Drug Administration (FDA) registration and regulations, with strict manufacturing guidelines expected. The refill options currently available are not child proof and contain toxic, and possibly lethal, levels of nicotine-laden liquid. In contrast, the patent for sale offers a safe and effective solution for refilling electronic cigarette e-juice with precision dispensing. Plus, this new patented dispenser can be made for less than 1/10 the cost of the "eye dropper bottles" currently being used in the industry to package e-juice refills. Both the tooling to mold the new dispenser at 1/2 cent each and the automated filling equipment to produce over 2,000 finished refill units per hour are included in the sale.
Designed to work with existing electronic cigarette systems, the patented e-juice dispenser is a pre-filled, hermetically sealed pipette with a precise, long-neck dropper and soft squeeze bulb for control of dispensing even the smallest singular drops of e-juice. A clear, highly flexible resin is used in construction to allow users increased visibility and control regarding the positioning and amount of liquid dispensed. This is coupled with a suction feature to prevent spillage and remove excess liquid to prevent cartridges from becoming dangerously full or injuring the circuitry of the device. Further, the amount of e-juice that can be stored in the novel container is well below the amount toxic for adults and children. Plus, the tip of the dropper must be cut in order to use, making the dispenser substantially safer than other refilling products on the market.
To learn more about the assets available for sale in this portfolio and other electronic cigarette industry intellectual property exclusively represented by ICAP:
Contact Dean Becker of ICAP Patent Brokerage at (561) 573-0405 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