CHICAGO, Sept. 21, 2011 /PRNewswire/ -- ICAP Patent Brokerage, a division of ICAP plc and the world's largest intellectual property and patent auction firm, today announced that it will offer a Covenant Not to Sue (CNS) from VoxPath RS, LLC at its upcoming CNS Auction September 27th in Los Angeles. The CNS covers VoxPath's patent portfolio of 39 patents and 21 patent applications. VoxPath RS has engaged IP Navigation Group as its monetization advisor with respect to its patent portfolio.
The patents covered by this CNS disclose technologies related to a broad spectrum of optical components and devices, such as those used in optical disc players. The technologies include optical storage, photo detectors, optical heads, prisms, light sensors, diffraction grating elements, lasers, and beam splitters.
VoxPath is currently engaged in litigation with several companies, including, but not limited to:
- LG Electronics
- Best Buy
A CNS is an agreement that prevents assertion of a party's right to litigation. A company entering into a CNS with respect to the VoxPath's patents would gain the freedom to operate under them, and would avoid the uncertainty inherent in patent infringement litigation.
Starting today, ICAP Patent Brokerage will accept anonymous bids on the VoxPath CNS. To learn more about the assets available or to place a bid, contact Kevin Fiur at Kevin.Fiur@us.icap.com or (512) 505-2308.
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 IP Navigation:
IPNav specializes in patent monetization. Additional information regarding IPNav is available at www.ipnav.com. You can contact IPNav at email@example.com, by telephone at (214) 438-0800 or through their website.
SOURCE ICAP Patent Brokerage