ICAP Ocean Tomo to Auction Wireless Infrared Network Transceiver Patent Portfolio at Upcoming Live Auction March 25th in San Francisco

CHICAGO--(BUSINESS WIRE)--ICAP Ocean Tomo, the intellectual property brokerage division of ICAP plc (IAP.L), will offer for sale a patent portfolio relating to Wireless Infrared Network Transceiver technology at its upcoming Live Auction March 25^th in San Francisco. The Lot contains five issued U.S. patents.

“Any entity operating within the robust wireless communication industry should consider this Lot a valuable asset”

The assets of this Lot relate to wireless communication networks and specifically describe transceiver nodes and methods that enable improved line-of-sight wireless communication and improved network architecture. U.S. patent 7,142,786 provides wireless transceivers employing inexpensive infrared LEDs, and U.S. patent 7,236,705 provides for mechanically aligned wireless transceivers that identify and then fixate on areas with maximum signal strength, thus reducing costs and problems associated with conventional methods. The assets also describe network failure recovery methods within tree topology.

“This technology was developed to deliver affordable wireless ultra-broadband communications,” said Bill Gross, Founder and CEO of Lot Seller Idealab. “It provides a last mile solution to homes and businesses where underground fiber optic cable cannot be installed.”

“Any entity operating within the robust wireless communication industry should consider this Lot a valuable asset,” said ICAP Ocean Tomo’s Dean Becker. “Communication service providers and equipment manufacturers are just some of the companies that could benefit from this technology.”

To learn more about the patents available for sale in this lot, visit http://icapoceantomo.com/item-for-sale/wireless-infrared-network-transceiver. To register to attend the upcoming Live Auction, please visit www.icapoceantomo.com.

About ICAP Ocean Tomo LLC

ICAP Ocean Tomo is the intellectual property brokerage division of ICAP.

About ICAP

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 is also the source of global market information and research for professionals in the international financial markets. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information go to www.icap.com.