Archived press releases


DOT COM PATENTS BRING $101,000 AT AUCTION

RENO, NV - July 30, 2005 — Over ten patents and patent applications and several trademarks belonging to Megaxess, Inc, a Germantown, MD, a U.S-based maker of products to eliminate network downtime, were auctioned online. The sale ended July 23, 2005. As a result of a Chapter 7 filing, the US Bankruptcy Court, District of Maryland, has ordered the sale of Megaxess, Inc.’s intellectual property.

ipAuctions Inc., an auction company specializing in intellectual property, will be conducting the sale of several patents relating to major Internet management tools for service providers, large corporations and government agencies. “Rarely do we see such high quality technologies become available in a bankruptcy sale,” comments Joe Popolo, President of IP Auctions. “With several million invested in their development, another technology company can finish was Megaxess started and really profit from these patents.”

“Patent buyers are national buyers,” reflects Stephen Karbelk, EVP of Tranzon Fox, a national auction company jointly marketing the assets. “The use of the internet bidding platform used by IPAuctions.com will extend the reach and the volume of bidding, making it available to investors worldwide.”


UNLV TO AUCTION PATENT FOR PREDICTING EFFICACY OF ANTI-CANCER DRUGS

RENO, NV – March 25, 2005— According to Robert H. Fain III, a consultant to UNLV Research Foundation, “This invention was discovered by three researchers at the University of Nevada Las Vegas (UNLV), Dr. William L. Rust, Dr. Janice L. Huff, and George E. Plopper. Upon taking legal assignment of the intellectual property, UNLV successfully prosecuted and was awarded the patent in 2002.” The invention teaches a method for measuring both the anti-migratory and cytotoxic effects of anticancer drugs on cancer tissues measuring the chemosensitivity of human biopsies to therapeutic drugs.

“We expect major interest from the pharmaceutical and medical community,” reflects Joseph Popolo, President of IpAuctions, Inc., a national auction company marketing the asset. “The use of the internet bidding platform used by IPAuctions.com will extend the reach and the volume of bidding, making it available worldwide.” IpAuctions, Inc. will auction the U.S. Patent (No. 6,448,030) at its online auction site, www.ipauctions.com, starting 9:00AM PT March 30, 2005 thru Friday April 8, 2005 5PM PT.


Online Auction Set for ‘Private Pleasures’ Worldwide Trademarks

RENO, NV - July 1, 2005 – More than 120 trademarks and registered domain names for Private Pleasures, the intimate apparel line known around the world, will be available through an international online auction conducted by ipAuctions Inc., starting Monday, July 18th.

ipAuctions is offering a unique package of 121 Private Pleasures trademarks and domains, including .com, .org and .net, said Joseph Popolo, president of Reno-based ipAuctions, which provides an online auction website for the sale of Intellectual Property assets.

Private Pleasures has long been a popular brand for intimate apparel, including bras, pants, slips and sleepware, said Mr. Popolo.

This is unique, one of a kind online sale of trademarks for a world-class brand name, he said, noting that the Private Pleasures trademarks and domain names on auction are for the U.S. and Canada, the European community, as well countries from Afghanistan to Yemen. The auction runs through 5 p.m. PDT Wednesday, July 27th 2005


SOLD for $35,000

ipAuctions To Conduct Online Auction for HardwareStreet.com Patents

Reno, NV – March 3, 2003 – ipAuctions Inc., the intellectual property auction company, announces the upcoming auction of HardwareStreet.com’s intellectual property. As a result of Chapter 7 filing, the US Bankruptcy Court has ordered the sale of several patents, trademarks, and the customer file of the former Nevada based “dot.com” hardware and software Internet firm. The firm’s parent company, (OTC:NSDR.OB ) filed Chapter 7 bankruptcy for the subsidiary in May 2001.

The sale will include several patents covering commercial trade on the Internet, trademarks and a 100,000 buyer customer file. The firm had revenues of over $25 million, when InsiderStreet.com acquired it in July of 2000.

The auction is live on ipAuctions Inc. website, www.ipAuctions.com, and will end on March 7, 2003 5:00 PM (PST). There are additional auctions up-coming on ipAuctions’ calendar. Patents, trademarks, and domain names relating to downloading of software from the former Test Drive Corporation are planned in the next month.

Sold at auction for $95,000

Jackson Hole Outfitter Web Site To Be Auctioned

Live Website and 11 Domain Names Available

December 11, 2006 Reno, NV - The U.S. Internal Revenue Service and IpAuctions, Inc. are combining marketing efforts to offer the seized Intellectual Property of a major Wyoming outfitter, www.JacksonHoleOutiftters.com. The live auction will be held by the IRS on January 10, 2007 in Afton, Wyoming. In addition to the website and domain names, a Wyoming Outfitter License for the Bridger-Teton National Forest, previously issued to Jackson Hole Outfitters will also be sold.

According to the previous owner's website," Our hunting camp is located amidst the rugged beauty of the Wyoming Range and is operated under permit by the Greys River Ranger District, Bridger-Teton National Forest. This is spectacular hunting country with high timberline basins, deep dark forest, and plenty of open hillsides and meadows for great hunting and a choice experience. Camp elevation is about 7,000 feet and some of the best hunting is a tough climb by horseback to the 10,000 foot peaks rimming the camp. For an area to consistently produce trophies it has to have lots of rugged country for the animals to hide in, so they can grow old and big. You need a top-notch outfitter and a good stout horse to get you into that great hunting country. Only then do you have a fighting chance at a truly big buck or bull."

"This outfitter has an outstanding history, including numerous published articles in "Outdoor Life" and "Hunt" Magazine, according to Joe Popolo of IpAuctions, Inc. There is a complete rundown of the auction details and procedure on our website, www.IpAuctions,com or visit the IRS website http://www.treasury.gov/auctions/irs/jawy_spec_1831.htm.


SOLD at Auction for $40,000

IP Law Firm to Offer Six Neutraceutical Patents!

Key Valerian Extract Patents To Be Auctioned

IpAuctions, Inc. announced it will offer six major Valerian extract patents relating to extraction, methods of its manufacture, and its usage to treat certain conditions. According to Joseph M. Reisman, Ph.D., attorney for Knobbe, Martens, Olson, & Bear, L.L.P., the major west coast intellectual property law firm, "The patents were obtained as part of a comprehensive effort to verify the optimal extraction methodology, formulation and use of Valerian extracts. The patents represent coverage for extraction protocols, formulations and use of Ancile's proprietary research efforts."

Ancile Pharmaceuticals Inc., San Diego, CA was founded in 1998 as a specialized pharmaceutical company focusing on the development and commercialization of prescription botanical drugs for major chronic disease conditions with significant unmet medical needs. 'The Company developed proprietary botanical drug products that address clinical indications in sleep disorders, anxiety disorders, circulatory disorders and gastrointestinal disorders," according to Joseph Popolo, President of ipAuctions, Inc. Ancile Pharmaceuticals Inc. was originally funded by several venture capital funds, including End Point Group Late Stage Fund. The auction begins on June 19, 2006.


Patented Method of Checking Winning Lottery Tickets is Sold !

California Entrepreneur Buys Patent for $26,000

April 25, 2006 Reno, NV – IpAuctions, the premier online auction site for intellectual property sales, announced the sale of a very unique Lottery Ticket Reading Methodology. According to Joseph Popolo. CEO of ipAuctions, said, “This methodology of reading lottery tickets with a desktop scanner and checking online for winning numbers is a very novel patent.” “The purchaser, Brian Job, a Bay area entrepreneur, has put it in one of his companies, Job 1 Group, Inc.,” according to Popolo. “The Internet access is a perfect vehicle to poll all domestic and international lotteries for every variety and winning combination of any domestic and foreign lottery,” said Job.

This invention allows you to check your tickets right at your desk. Just lay the tickets on your own personal scanner, and send the image to a web site that would tell you which ticket, and which number on which ticket, was a winner, and how much you won. What if you have 20 tickets? And each with 5 sets of numbers, each set having 6 numbers in it? We are talking about 600 numbers now, and any combination of between 3 and 6 numbers in each set that match could win some amount of money.


SOLD at Auction for $15,000

Major Stem Cell Worldwide Patents to be Sold At Auction

Kaleidos Pharma, Inc, Developed Fourteen Worldwide Patents

January 16, 2007 Reno, NV - Kaleidos Pharma, Inc. was a privately owned Seattle based biotechnology company which developed protein-based drug therapies for central nervous system disorders, including Parkinson's disease, and for certain AIDS and cancer indications. The complete patent portfolio of seven patents and seven patent applications will be sold at auction, online at www.IpAuctions.com starting on January 17, 2007. It will end at Noon PST on January 24, 2007.

According to Dr. John Reno, former President of Kaleidos Pharma, "The Company's lead drug, TGF-alpha, is a well-studied molecule originally discovered at the National Cancer Institute. KPI developed a number of academic and corporate collaborations to advance its drug development. Preliminary evidence provides promise that treatment with TGF alpha may be a novel strategy for boosting T-cell numbers and restoring immune capacity in individuals with AIDS and other diseases characterized by a compromised immune system.

The portfolio will be sold as a single lot. "It consists of four U.S. Patents and three Canadian patents, according to Joseph Popolo, CEO of IpAuctions, Inc. "Also there are two European patent applications, an additional U.S. patent application, two Canadian patent applications and two Japanese applications." "All patents and applications are current and maintenance fees are paid," he added. The IP assets are being sold by order of the Chapter 7 Bankruptcy Trustee of the Western District of Washington. The auctions site provides all details of the patents and applications, including links to the various IPO databases.


 

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