Energy Efficient and User-Friendly Programmable Light Timer Technology for Sale by ICAP Patent Brokerage

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Feb 04, 2013, 06:00 ET

MENLO PARK, Calif., Feb. 4, 2013 /PRNewswire/ -- ICAP Patent Brokerage announces for auction a programmable light timer IP portfolio from inventor John J. King, which includes an improved light timer that can be programmed from a portable memory or wireless device. This lot will be included in the 18^th ICAP Ocean Tomo IP Auction on March 20, 2013 at the Rosewood Sand Hill in Menlo Park, California.

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"We are excited to be offering this innovative lighting management tool to our global base of buyers. This is an important IP package for companies operating in the domain of lighting or illumination control devices as well as the emerging smart home industry. The technology will offer end-users added functionality, improved home security, and reduced energy consumption in their lighting control options," says Dean Becker, CEO of ICAP Patent Brokerage.

Key Characteristics & Benefits
This portfolio discloses an improved light timer that can be programmed from a portable memory or wireless device. The timer can receive a control program from the portable memory, such as a USB drive, through a connector, or by way of an external wireless device. Further, the timer can control the lights based on daylight savings time data and other sets of data as provided by the portable memory. Therefore, the timer has a better user interface, is easier to program, and enables energy efficient lighting. Further, the design of this timer eliminates the need for mechanical actuators, and can even eliminate the need for a display, resulting in further reduced cost.

This IP package is relevant to a wide-range of end-users looking for simplicity and functionality in their lighting options. Through this technology, tech savvy customers will have the option of programming light timers via wireless control, such as a tablet computer. Alternately, many consumers are looking for a streamlined process where they can set light timers quickly and easily and then rely on the timers to function without the need to update settings. Further, all users will benefit from the ability to access programmable data sets associated with various lighting options and timing changes that can be selected by moving a single switch to select a particular data set.

There is an increasing demand for new and improved outdoor lighting to address home security needs, coupled with the desire to implement green, highly functional products into increasingly automated living spaces. This technology solves the problems associated with conventional timers, by describing better lighting timers and controls that reduce energy consumption and costs, while also providing a user-friendly interface and experience.

See this technical description of the programmable light timer technology 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 [email protected].

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.

About ICAP
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