M·CAM, Inc. releases Patently Obvious™ on the Intellectual Property of Webvention LLC

Date:  Thu, 2010-10-21

M·CAM, Inc. releases Patently Obvious™ on the Intellectual Property of Webvention LLC

CHARLOTTESVILLE, VA – October 21, 2010 –– M·CAM, Inc. released its Patently Obvious™ report today on US Pat. No. 5,251,294, which Webvention LLC purchased from Intellectual Ventures. The ‘294 patent describes a mouseover expansion feature that is common to many websites. Webvention, a non–operating entity based in Eastern Texas, claims to have licensed the ‘294 patent to 144 companies since its purchase from Intellectual Ventures. In addition, the company has filed two lawsuits since July accusing more than 35 companies of patent infringement. However, there are a handful of companies that will not surrender to the threat of antagonistic litigation. Novartis, TriMas, Instinet and Tenneco Automotive Operating Company have all filed counter suits asking that the patent be invalidated.

Using the M·CAM DOORS™ software platform, the innovation space surrounding the asserted patent was examined in order to understand its strength and defensibility in the face of prior and concurrent art innovations.

M·CAM’s Patently Obvious™ is a weekly report providing visibility into potentially unconsidered alternatives, including art in the public domain, to patent holdings across a variety of technology areas.

M·CAM, Inc. is a global, full–service intellectual property and rights (IP&R) and intangible asset financial services firm. We provide the technical and financial systems that allow public and private markets to use IP&R and IA for regulated transactions in banking, securities, insurance, and public innovation investment and technology procurement. From our pioneering work in creating the world’s first standards–based innovation collateralization financial products for banking and securities to our work in grassroots innovator enablement and patent quality assurance programs, M·CAM provides the mechanism to balance the interests of public and commercial sectors to support and build thriving economies.

The M·CAM Patently Obvious™ report on Webvention LLC can be found HERE