SYS-CON MEDIA Authors: Elizabeth White, Pat Romanski, Carmen Gonzalez, Gary Arora, Zakia Bouachraoui

News Feed Item

Heritage Global Patents & Trademarks to Conduct Sealed-Bid Auction of Novel "INVELOX" Wind Turbine Patent Portfolio of Former SheerWind Corp.

By Order of US Bankruptcy Court Case # 17-43913-MER District of Minnesota, John Stoebner Trustee

SAN DIEGO, April 17, 2018 /PRNewswire/ -- Heritage Global Patents & Trademarks has been appointed by the US Bankruptcy Court, District of Minnesota to auction the Intellectual Property of the former SheerWind Corp. The Intellectual Property consists of SheerWind's worldwide portfolio of wind-turbine Granted Patents and Patent Applications. The portfolio will be sold as one auction lot to the highest bidder, subject to Bankruptcy Court confirmation.

The substantial portfolio includes Granted Patents and Patent Applications from patent offices around the world including: USA, China, Japan, Australia, New Zealand, Hong Kong, India, Mexico, Denmark, the European Patent Office and the World Patent Office.

SheerWind Inc developed its patented INVELOX technology to increase wind speed to facilitate generation of clean energy in areas where there had previously been insufficient wind-speed to make traditional column-mounted wind turbines spin.  The technology was designed to capture and funnel wind to increase the wind-speed and harvest energy from multiple turbines housed safely near the ground, while simultaneously reducing the danger to birds posed by the traditional column-mounted wind turbines.

Ross Dove, CEO of Heritage Global, "This is a perfect example of a novel technology living on after a corporate shutdown and ideally being purchased by an entity capable of realizing the full inherent potential of this environmentally friendly wind-power generation technology."

Doug Berman, Director of Heritage Global Patents & Trademarks, added, "This is an exceptional opportunity for entrepreneurs to either add to their existing Alternative Power technologies or to jump-start their entry into Wind Energy with the benefit of bypassing the time and cost required for research and development as well as the costs of the patent process itself."

Full SheerWind Auction Details

About Heritage Global Inc. www.heritageglobalinc.com

Heritage Global Inc. (OTCQB: HGBL) (CSE: HGP) is a value-driven, innovative leader in corporate and financial asset liquidation transactions, valuations and advisory services. Heritage Global focuses on identifying, valuing, acquiring and monetizing underlying tangible and intangible assets in twenty-eight global manufacturing and technology sectors. Heritage Global acts as an adviser, as well as a principal, acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, accounts receivable portfolios, intellectual property, and entire business enterprises.

About Heritage Global Patents & Trademarks

Heritage Global Patents & Trademarks is the Intellectual Property Division of Heritage Global Inc. It's "APEX" – "Affordable Patent Exchange" is a platform for corporations to monetize:

  • Patents no longer part of strategic corporate objectives
  • Patents which have never been commercialized and for which there are no plans to do so
  • Orphan Patents acquired in mergers and acquisitions that are non-core and not needed
  • Unwanted patents representing ongoing cost but whose market value declines with every year of non-use

Contact

Doug Berman, Director
Heritage Global Patents & Trademarks
707-245-4417
[email protected]

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/heritage-global-patents--trademarks-to-conduct-sealed-bid-auction-of-novel-invelox-wind-turbine-patent-portfolio-of-former-sheerwind-corp-300631047.html

SOURCE Heritage Global Patents & Trademarks

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Data center, on-premise, public-cloud, private-cloud, multi-cloud, hybrid-cloud, IoT, AI, edge, SaaS, PaaS... it's an availability, security, performance and integration nightmare even for the best of the best IT experts. Organizations realize the tremendous benefits of everything the digital transformation has to offer. Cloud adoption rates are increasing significantly, and IT budgets are morphing to follow suit. But distributing applications and infrastructure around increases risk, introdu...
DevOps has long focused on reinventing the SDLC (e.g. with CI/CD, ARA, pipeline automation etc.), while reinvention of IT Ops has lagged. However, new approaches like Site Reliability Engineering, Observability, Containerization, Operations Analytics, and ML/AI are driving a resurgence of IT Ops. In this session our expert panel will focus on how these new ideas are [putting the Ops back in DevOps orbringing modern IT Ops to DevOps].
Moving to Azure is the path to digital transformation, but not every journey is effective. Organizations that start with a cohesive, well-planned migration strategy can avoid common mistakes and stay a step ahead of the competition. Learn from Atmosera CEO, Jon Thomsen about the opportunities and challenges found in three pivotal phases of the journey to the cloud: Evaluation and Architecting, Migration and Management, and Optimization & Innovation. In each phase, there are distinct insights tha...
Atmosera delivers modern cloud services that maximize the advantages of cloud-based infrastructures. Offering private, hybrid, and public cloud solutions, Atmosera works closely with customers to engineer, deploy, and operate cloud architectures with advanced services that deliver strategic business outcomes. Atmosera's expertise simplifies the process of cloud transformation and our 20+ years of experience managing complex IT environments provides our customers with the confidence and trust tha...
Every organization is facing their own Digital Transformation as they attempt to stay ahead of the competition, or worse, just keep up. Each new opportunity, whether embracing machine learning, IoT, or a cloud migration, seems to bring new development, deployment, and management models. The results are more diverse and federated computing models than any time in our history.
CloudEXPO has been the M&A capital for Cloud companies for more than a decade with memorable acquisition news stories which came out of CloudEXPO expo floor. DevOpsSUMMIT New York faculty member Greg Bledsoe shared his views on IBM's Red Hat acquisition live from NASDAQ floor. Acquisition news was announced during CloudEXPO New York which took place November 12-13, 2019 in New York City. Our Silicon Valley 2019 schedule will showcase 200 keynotes, sessions, general sessions, power panels, and...
SUSE is a German-based, multinational, open-source software company that develops and sells Linux products to business customers. Founded in 1992, it was the first company to market Linux for the enterprise. Founded in 1992, SUSE is the world's first provider of an Enterprise Linux distribution.
Intel is an American multinational corporation and technology company headquartered in Santa Clara, California, in the Silicon Valley. It is the world's second largest and second highest valued semiconductor chip maker based on revenue after being overtaken by Samsung, and is the inventor of the x86 series of microprocessors, the processors found in most personal computers (PCs). Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell. Intel also manufactu...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
The graph represents a network of 1,329 Twitter users whose recent tweets contained "#DevOps", or who were replied to or mentioned in those tweets, taken from a data set limited to a maximum of 18,000 tweets. The network was obtained from Twitter on Thursday, 10 January 2019 at 23:50 UTC. The tweets in the network were tweeted over the 7-hour, 6-minute period from Thursday, 10 January 2019 at 16:29 UTC to Thursday, 10 January 2019 at 23:36 UTC. Additional tweets that were mentioned in this...
Artifex Software began 25-years ago with Ghostscript, a page description language (PDL) interpreter software prevalent in printing and related applications requiring rendering and/or conversion from one software language to another. Founded by renowned computer scientist Dr. L. Peter Deutsch, our company has thrived on the basis of our sharp focus on this area of expertise, a zealous commitment to quality and a strong customer service orientation. Over 100 OEM partners representing some of th...
FinTech is a disruptive innovation that denotes the adoption of technologies that have changed how traditional financial services work. While FinTech is now embedded deeply into the financial services ecosystem, the rise of digital age has paved way to FinTech 2.0 - which is rolling out innovative solutions through emerging technologies at a disruptive pace while maintaining the tenets of security and compliances. Blockchain as a technology has started seeing pilot adoption in FinTech around ...
Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation. DX encompasses the continuing technology revolution, and is addressing society's most important issues throughout the entire $78 trillion 21st-century global economy. DXWorldEXPO® has organized these issues along 10 tracks, 22 keynotes and general sessions, and a faculty of 222 of the world's top speakers.
Alan Hase is Vice President of Engineering and Chief Development Officer at Big Switch. Alan has more than 20 years of experience in the networking industry and leading global engineering teams which have delivered industry leading innovation in high end routing, security, fabric and wireless technologies. Alan joined Big Switch from Extreme Networks where he was responsible for product strategy for its secure campus switching, intelligent mobility and campus orchestration products. Prior to Ext...
Japan DX Pavilion at @CloudEXPO Silicon Valley