SAN FRANCISCO, Nov. 12, 2012 /PRNewswire/ -- ICAP Patent Brokerage announces for auction a digital music recognition and purchasing system from Tune Hunter, Inc., which allows users to identify the artist or title of unfamiliar songs and then buy the song via a mobile device. This portfolio will be included in the 17th ICAP Ocean Tomo IP Auction on November 29, 2012, at The Ritz Carlton in San Francisco, California.
"We are excited to be offering this mobile music system to our global base of buyers. As devices such as tablets and smart phones become the preferred avenue for downloading and purchasing music, this technology could be an exclusive differentiator for online music retailers, music search companies, and portable communications device manufacturers," says Dean Becker, CEO of ICAP Patent Brokerage.
Key Characteristics & Benefits
The portfolio for sale includes an identification and purchasing system for downloading music using a portable communications device. On a smart phone or tablet, the patented technology allows users to identify a song, or part of a song, with which they are unfamiliar, including basic information such as the artist or title, and then buy the identified song. In an important embodiment of the invention, consumers record a segment of music using the portable device, which is transmitted to a remote server that automatically analyzes and compares the segment to a digital music library, resulting in at least one closest match. The system automatically prompts the user to purchase the matching songs, submit payment information, and then transmits the selected item to the consumer. The offered assets supply a critical solution for the rapidly evolving music industry by converting the discovery moment to an instant, discounted purchase or paid stream.
See the technical description of this mobile music system IP sales offering.
To learn more about the assets available for sale in this portfolio:
Contact Tim Schnurr of ICAP Patent Brokerage at (212) 815-6693 or via email at Tim.Schnurr@us.icap.com.
Register for the upcoming event or submit IP for consideration for the ICAP Patent Brokerage auction.
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